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Globalstar Inc (GSAT)

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1.2900 0.0000    0.00%
17/04 - Closed. Currency in USD ( Disclaimer )
Pre Market
1.3100
+0.0200
+1.5504%
4:16:30 - Real-time Data
Type:  Equity
Market:  United States
  • Volume: 2,265,043
  • Bid/Ask: 1.2900 / 1.3100
  • Day's Range: 1.2800 - 1.3100
Globalstar Inc 1.2900 0.0000 0.00%

NYSE:GSAT Financials

 
A brief overview of the NYSE:GSAT financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Globalstar Inc over time.

Globalstar, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 52.41 million compared to USD 41.31 million a year ago. Net loss was USD 15.08 million compared to USD 5.34 million a year ago. Basic loss per share from continuing operations was USD 0.01. Diluted loss per share was USD 0.01.For the full year, revenue was USD 223.81 million compared to USD 148.5 million a year ago. Net loss was USD 24.72 million compared to USD 256.92 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.14 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.14 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

GSAT Income Statement

Gross margin TTM 68.96%
Operating margin TTM 1.38%
Net Profit margin TTM -11.04%
Return on Investment TTM 0%
 Total Revenue  Net Income
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Revenue 52.41 57.68 55.07 58.64
Gross Profit 34.3 40.35 37.16 42.52
Operating Income -8.76 2.05 2.62 7.19
Net Income -15.08 -6.17 0.009 -3.48

GSAT Balance Sheet

Quick Ratio MRQ 0.6
Current Ratio MRQ 0.81
LT Debt to Equity MRQ 85.94%
Total Debt to Equity MRQ 103.6%
 Total Assets  Total Liabilities
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Assets 924.31 910.61 832.44 844.56
Total Liabilities 545.33 527.25 517.07 534.7
Total Equity 378.98 383.37 315.37 309.85

GSAT Cash Flow Statement

Cash Flow/Share TTM 0
Revenue/Share TTM 0
Operating Cash Flow  3.29%
 Cash  Net Change in Cash
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 5.78 25.56 20.19 22.8
Cash From Investing Activities -33.23 -17.75 -53.06 -71.58
Cash From Financing Activities 19.89 -8.92 77.67 37.15
Net Change in Cash -7.39 -1.2 44.85 -11.6
* In Millions of USD (except for per share items)
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GSAT Comments

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Chester Cook
Chester Cook Aug 29, 2023 9:42AM ET
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$GSAT $LUMN Perhaps they will GROW THEIR FOOTPRINT
DEREK LIGHT
DEREK LIGHT Jan 23, 2023 4:51AM ET
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gsat held in a small movement range obviously... so hedge hogs have a good revenue stream from options buyers... earnings report coming up in February will force hedge hogs to Up the movement range
Antoine Neaime
Antoine Neaime Nov 21, 2022 4:48AM ET
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450 million usd investment by Apple with Globalstar. the new technology will be launched end of November. 🚀🚀🚀
Antoine Neaime
Antoine Neaime Nov 21, 2022 4:47AM ET
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https://www.cnet.com/tech/mobile/iphone-14s-emergency-sos-satellite-feature-will-arrive-later-this-month/
Chaz Bates
Chaz Bates Nov 03, 2022 4:37PM ET
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They don’t launch there own Satilites. Rocket Lab does .
Francis Dagostino
Francis Dagostino Oct 27, 2022 9:38AM ET
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gsat is a baby compared to Giant SpaceX. Therev is no comparison.
will hicks
will hicks Oct 17, 2022 9:43AM ET
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Flame out, dud, limp noodle ! Whatever. GSAT cant find the launch pad let alone get the candle lit.
Rocket Scientist
Rocket Scientist Sep 14, 2022 9:45PM ET
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Is Apple negotiating to buy Globalstar satellite Company outright to have full control of delivering its iPhone 14 emergency satellite network?Globalstar gains 2% as CEO, executives  and directors buy shares, today.
Stephen Ford
Investor1985 Sep 12, 2022 11:57AM ET
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So if they have apple deal done why hasnt this thing moved up more US stock market one of the biggest scams ever
Rocket Scientist
Rocket Scientist Sep 12, 2022 11:57AM ET
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Its possible that Apple may buy Globalstar to better compete with Tesla and develop a Starlink type satellite network for its iphones.
will hicks
will hicks Sep 12, 2022 11:57AM ET
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Because there is no great benefit to earnings and revenue.
will hicks
will hicks Sep 12, 2022 11:57AM ET
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Rocket Scientist  uh I think you're on the wrong trajectory there Rocket boy.
Steve AssKicker
Steve AssKicker Sep 07, 2022 3:22PM ET
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gsat creating $2.80 bagholders
 
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