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Stock impact report

Globalstar Inc (GSAT) Q3 2025 Earnings Call Highlights: Record Revenue and Strategic ... [Yahoo! Finance]

Globalstar, Inc. (GSAT) 
Last globalstar, inc. earnings: 2/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: globalstar.com/investors
Company Research Source: Yahoo! Finance
For the complete transcript of the earnings call, please refer to the full earnings call transcript Positive Points Globalstar Inc ( NASDAQ:GSAT ) reported a record quarterly revenue of $73.8 million, driven by growth in wholesale capacity services and commercial IoT. Commercial IoT service revenue increased due to a 6% rise in average subscribers, reaching 543,000. Equipment sales from commercial IoT devices surged by 60% compared to the previous year's third quarter. The company maintains healthy adjusted EBITDA margins of 51% in Q3 and 52% year-to-date, despite significant investments. Globalstar Inc ( NASDAQ:GSAT ) has a strong cash position with $346.3 million in cash and cash equivalents at the end of Q3 2025. Negative Points Net income was lower than the prior year's third quarter, primarily due to non-cash items such as higher interest expenses. The company recorded net foreign currency losses from the remeasurement of intercompany balances. Capital expend Show less Read more
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