GlobalStar (GSAT) Misses Q3 EPS by 10c; Offers FY22 Revenue Guidance

Go back to GlobalStar (GSAT) Misses Q3 EPS by 10c; Offers FY22 Revenue Guidance

Globalstar Announces Third Quarter 2022 Results

November 3, 2022 4:15 PM EDT

COVINGTON, La.--(BUSINESS WIRE)-- Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended September 30, 2022.

"The third quarter of 2022 was transformational for Globalstar," commented Dave Kagan, Chief Executive Officer of Globalstar, referring to the September 7 announcement and Form 8-K filing. Kagan continued, "Globalstar is now well positioned as a next-generation telecom infrastructure provider, offering long-term connectivity solutions to customers from space and over terrestrial networks, with stable cash flows that will drive innovation and growth into the future. In addition to meaningful operational highlights that... More