Globalstar, Inc. (GSAT): A Bull Case Theory [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
Globalstar, Inc. (GSAT)'s share was trading at $1.85 as of Nov 7 th Globalstar's Q3 earnings report highlights a strong performance, showcasing significant revenue growth and operational achievements. The company reported $72.3 million in revenue, exceeding estimates by 19.5% and driven largely by high-margin wholesale capacity services, positioning Globalstar for continued expansion. Adjusted EBITDA increased 34% year-over-year, setting a new record, and showing enhanced operational efficiency. Additionally, regulatory support bolstered Globalstar's strategic position with a recent 15-year FCC approval allowing the operation of up to 26 additional satellites. This extension ensures long-term service continuity and the potential for expanded capacity to meet growing demand. Globalstar's satellite network demonstrated resilience during recent hurricanes, maintaining reliable emergency service access even in critical conditions, which highlights the robustness of its infrastructure.
Show less
Read more
Impact Snapshot
Event Time:
GSAT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GSAT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GSAT alerts
High impacting Globalstar, Inc. news events
Weekly update
A roundup of the hottest topics
GSAT
News
- Globalstar Wins Terrestrial Authority in Mexico [Yahoo! Finance]Yahoo! Finance
- Globalstar Wins Terrestrial Authority in MexicoBusiness Wire
- Globalstar Announces Participation at Deutsche Bank's Global Space Summit [Yahoo! Finance]Yahoo! Finance
- Globalstar Announces Participation at Deutsche Bank’s Global Space SummitBusiness Wire
- Globalstar, Inc. (NYSE: GSAT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
GSAT
Earnings
- 11/7/24 - In-Line
GSAT
Sec Filings
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/7/24 - Form 8-K
- GSAT's page on the SEC website