GSAT News and Press, Globalstar Inc. From 05/15/23

Globalstar, Inc. (NYSE American: GSAT), a leading telecom infrastructure provider, today announced that it has engaged Jason Bernstein of Asterisk Capital to provide strategic advice on the Company’s program for investor relations, which in part will include Jason coordinating non-deal roa...

2023-05-05 11:50:20 ET Globalstar, Inc. (GSAT) Q1 2023 Earnings Call Transcript May 5, 2023 9:00 AM Company Participants Jay Monroe - Executive Chairman Rebecca Clary - Vice President and Chief Financial Officer David Kagan - Chief Executive Officer Timothy T...

2023-05-04 12:37:20 ET Globalstar ( NYSE: GSAT ) is scheduled to announce Q1 earnings results on Friday, May 5th, before market open. The consensus EPS Estimate is -$0.01 (flat Y/Y) and the consensus Revenue Estimate is $49.43M (+50.8% Y/Y). Over the last 1 year, GSAT ...

2023-05-04 11:16:58 ET Major earning expected before the bell on Friday include: AMC Entertainment Holdings ( AMC ) Dominion Energy ( D ) Enbridge ( ENB ) fuboTV ( FUBO ) Warner Bros. Discovery ( WBD ) For further details see: Notable earn...

2023-05-03 08:01:07 ET Globalstar ( NYSE: GSAT ) shares rose more than 6% in pre-market trading on Wednesday as Morgan Stanley upgraded the satellite telecommunications company after last month's $200M convertible financing removed an "overhang" for the company. Analyst ...

2023-04-11 14:21:57 ET Summary This is the third part of our 4-part series on High-Growth Industries. Space Exploration and Blockchain/ Cryptocurrency are 2 sectors poised for high growth in the years to come. Renewable energy will experience continuous growth due net zero inc...

2023-04-06 04:57:25 ET Summary There is a consolidation going on in the satellite communications market as operators have to take on challenges constituted by disruptors, one of which is Starlink. Elon Musk's company has surely impressed by its agility, but incumbents Viasat and S...

2023-03-30 15:29:36 ET Summary Globalstar must prove it has the ability to fulfill its open orders in the first quarter of 2023. Globalstar plans on spending an additional $250 million in CapEx for the full year 2023, which could put enormous pressure on the bottom line. Some ...

2023-03-29 18:37:18 ET It's almost always good news when a company dramatically improves its financing situation. Such was the case on Tuesday with satellite specialist Globalstar (NYSEMKT: GSAT) , which saw its share price rise by just under 11% thanks to a new bond sale. That incr...

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...