Why Globalstar (GSAT) Stock Is Up Today [Yahoo! Finance]
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: Yahoo! Finance
The potential public offering for SpaceX seemed to lift investor interest in other space-related assets, including satellite and infrastructure companies. Adding to this momentum, Globalstar had recently posted record financial results. The company celebrated a 9% revenue increase in the previous year, reaching $273 million. Looking ahead, Globalstar provided an optimistic outlook for fiscal year 2026, targeting revenue between $280 million and $305 million, a figure that slightly surpassed market expectations. This positive forecast was supported by the company's ongoing global build-out of its ground infrastructure for next-generation satellite services. The shares closed the day at $67.42, up 10.4% from previous close. Is now the time to buy Globalstar? Access our full analysis report here, it's free What Is The Market Telling Us Globalstar's shares are extremely volatile and have had 47 moves greater than 5% over the last year. But moves this big are rare even for Globals
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GSAT
News
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GSAT
Earnings
- 2/27/26 - Miss
GSAT
Sec Filings
- 4/2/26 - Form ARS
- 4/2/26 - Form DEFA14A
- 4/2/26 - Form DEF
- GSAT's page on the SEC website