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Stock impact report

Why Is Satellite Communications Globalstar Stock Trading Higher On Tuesday? [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
Now, iPhone 14 and later users can send messages via satellite, even when cellular connections are unavailable. The iPhone users can also enjoy text effects like jitter, shake, and bounce. Other new iOS 18 updates included a more customizable home screen and new privacy features. In 2022, Apple tapped Globalstar to enable its iPhone 14 and iPhone 14 Pro models to send messages via a satellite outside cellular and Wi-Fi coverage. Verizon Communications Inc (NYSE: VZ ) and AT&T Inc (NYSE: T ) collaborated with AST SpaceMobile, Inc (NASDAQ: ASTS ) to provide a broadband network directly to cell phones. In May, Globalstar reported quarterly losses of $(0.01) per share, meeting the analyst consensus estimate . The company reported quarterly sales of $56.48 million, which beat the analyst consensus estimate of $54.74 million. Price Action: GSAT shares traded higher by 5.19% at $1.12 at the last check Tuesday. Photo via Shutterstock "ACTIVE INVESTORS' SECRET WEAPON" Supercha Show less Read more
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