Globalstar Announces 2023 Financial Results
Globalstar, Inc. (GSAT)
Last globalstar, inc. earnings: 2/27 07:30 am
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US:NASDAQ Investor Relations:
globalstar.com/investors
Company Research
Source: Business Wire
Record annual revenue of $224 million, a year-over-year increase of over 50%Recent operational achievements include:Receiving an order from a major retailer for multiple XCOM RAN systemsGenerating revenue from a Band 53 deployment opportunity through NokiaExecuting a new government services contractRemaining on track for launch of new satellites in 2025Increased operating cash flows allow for investment in key initiatives, such as XCOM technology commercialization, product development and wholesale capacity utilization COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the fourth quarter and year ended December 31, 2023.“Globalstar had a record year measured by several key performance indicators, led by total revenue of $224 million, an increase of over 50% from 2022. Revenue growth was driven primarily by increases in wholesale capacity services and Commercial IoT. Given the high margin nature of our reve
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GSAT
Earnings
- 2/28/24 - Miss
GSAT
Sec Filings
- 4/26/24 - Form EFFECT
- 4/12/24 - Form POS
- 4/10/24 - Form ARS
- GSAT's page on the SEC website