GSAT News and Press, Globalstar Inc. From 03/29/23

2023-03-29 15:24:21 ET Globalstar ( NYSE: GSAT ) has entered into a purchase agreement with an affiliate of Värde Partners and others providing for the sale of $200M in aggregate principal amount of 13% Senior Notes due 2029. The notes are non-convertible and therefor...

2023-03-29 09:19:01 ET Globalstar stock ( NYSE: GSAT ) is 7.9% higher premarket after the company announced arranging $200M in financing to secure its balance sheet. The company entered a purchase agreement with an affiliate of Värde Partners and others providing fo...

Globalstar, Inc. (NYSE American: GSAT), a leading telecom infrastructure provider, today announced that it has entered into a purchase agreement with an affiliate of Värde Partners and others providing for the sale of $200 million in aggregate principal amount of 13% Senior Notes due 2029. T...

2023-03-29 04:14:49 ET Summary EchoStar operates a satellite-based ISP and provides communications services. It is facing tough competition from Starlink for the ISP business. The change in revenue mix whereby higher revenues are being derived from enterprises compared to indi...

Announcement made at commencement of Satellite 2023 in Washington, D.C. Globalstar, Inc. (NYSE American: GSAT) , today announced that the Kingdom of Thailand’s Office of The National Broadcasting and Telecommunications Commission (NBTC) has authorized the provision of Globals...

New platform is designed to enable VARs and customers to extract maximum control of their asset tracking devices and data with enhanced visibility potential. Globalstar, Inc. (NYSE American: GSAT) today unveiled Realm Cloud, an agile mobile device and data management (MDM) platform ...

2023-03-07 11:15:20 ET Globalstar, Inc. (GSAT) Q4 2022 Earnings Conference Call March 7, 2022 9:00 AM ET Company Participants Jay Monroe - Executive Chairman Rebecca Clary - Vice President and Chief Financial Officer David Kagan - Chief Executive Officer Timo...

Globalstar, Inc. (NYSE American: GSAT), a leading telecom infrastructure provider, has signed a strategic collaboration agreement with Qualcomm Technologies, Inc. involving a portfolio of 5G Private Network technologies, including Qualcomm® FSM™ 5G RAN Platforms for small cells, as we...

Globalstar press release ( NYSE: GSAT ): Q4 GAAP EPS of $0.00 beats by $0.01 . Revenue of $41.31M (+19.8% Y/Y) beats by $2.56M . Adjusted EBITDA increased 48% to $18.3 million for the fourth quarter of 2022 from $12.4 million for the same period in 2021. Cash and c...

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the fourth quarter and year ended December 31, 2022. "The events of 2022 altered the trajectory of Globalstar's future in a profound way for our shareholders, lenders, customers, partners, employees...