GSAT

Globalstar, Inc. Earnings Release and Call Notice

Retrieved on: 
Friday, May 3, 2024

The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com .

Key Points: 
  • The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com .
  • The Company will also conduct a conference call on Wednesday, May 8, 2024 at 5:00 p.m. Eastern Time (ET) to discuss these results.
  • Details are as follows:
    The earnings call with be hosted via teleconference.
  • Participants should dial in using the information below:
    Please provide the conference ID 36209 when dialing in for the call.

Globalstar Celebrates 10,000 Rescue Milestone with SPOT Brand Giveaway

Retrieved on: 
Wednesday, April 24, 2024

Globalstar, Inc. (NYSE American: GSAT), the leader in satellite messaging and emergency notification technologies, today announced a 10,000 rescue milestone.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT), the leader in satellite messaging and emergency notification technologies, today announced a 10,000 rescue milestone.
  • This achievement reflects Globalstar’s unwavering commitment to safety and preparedness, through its award-winning product portfolio with SPOT satellite messengers leading the way.
  • This landmark milestone includes incidents, many of which were life-threatening, where emergency support was rapidly delivered precisely where needed thanks to satellite-enabled alerts from SPOT devices.
  • In honor of the 10,000th rescue milestone, SPOT is additionally offering the chance to become the Off-the-Grid Guru, traversing unknown destinations, as well as highlighting the perks of adventure travel.

Globalstar to Participate in Upcoming Investor Conferences

Retrieved on: 
Thursday, April 18, 2024

Globalstar, Inc. (NYSE American: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company’s executive team will be participating in the following investor conferences:

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company’s executive team will be participating in the following investor conferences:
    B. Riley Securities 24th Annual Institutional Investor Conference, Wednesday, May 22, 2024.
  • TD Cowen’s 52nd Annual Technology, Media & Telecom Conference, Wednesday, May 29, 2024.
  • Investors interested in attending are encouraged to contact your representatives at the respective institutions to receive an invitation to attend their conference.
  • Globalstar empowers its customers to connect, transmit, and communicate in smarter ways – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider.

Globalstar Announces 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the fourth quarter and year ended December 31, 2023.
  • Given the high margin nature of our revenue sources, operating income and Adjusted EBITDA also improved significantly during 2023,” said Rebecca Clary, Chief Financial Officer.
  • Licensed by Globalstar in 2023, the XCOM technology enhances wireless performance, including spectral efficiency, and expands our ability to develop commercial applications utilizing Band 53.
  • Our financial outlook for 2024 is:
    The Company will host a conference call to discuss its results at 9:00 a.m. Eastern Time (ET) on Wednesday, February 28, 2024.

Globalstar Announces Commercial Availability of XCOM RAN Multipoint Radio System for Private Network Wireless Optimization; Solution Being Deployed by Major Global Retailer

Retrieved on: 
Friday, February 23, 2024

Globalstar, Inc. (NYSE American: GSAT) today announced the commercial availability of XCOM RAN, a multipoint radio access network (RAN) that delivers greater capacity and coverage in dense 5G wireless applications with significantly more efficient use of spectrum.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) today announced the commercial availability of XCOM RAN, a multipoint radio access network (RAN) that delivers greater capacity and coverage in dense 5G wireless applications with significantly more efficient use of spectrum.
  • XCOM RAN meets the high-performance, high-reliability requirements of warehouse automation, offering ease of use and higher efficiencies within a scalable design.
  • Globalstar is providing its connectivity solution comprising hardware, software, and services, with several systems expected to be delivered in 2024.
  • "With XCOM RAN, we set out to apply our decades of wireless system design experience into creating transformative and differentiated performance for private wireless 5G networks and beyond.

Globalstar, Inc. Earnings Release and Call Notice

Retrieved on: 
Friday, February 16, 2024

Globalstar, Inc. (NYSE American: GSAT) will announce its fourth quarter and annual 2023 financial and operating results on Wednesday, February 28, 2024 before the market opens.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) will announce its fourth quarter and annual 2023 financial and operating results on Wednesday, February 28, 2024 before the market opens.
  • The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com .
  • The Company will also conduct a conference call on Wednesday, February 28, 2024 at 9:00 a.m. Eastern Time (ET) to discuss these results.
  • Details are as follows:

Sarcos Welcomes Back Co-Founder and Former CEO Ben Wolff to Lead Company Following Pivot to Industrial AI Software Focus

Retrieved on: 
Wednesday, January 17, 2024

“We can’t thank Laura enough for repositioning the Company for success.”

Key Points: 
  • “We can’t thank Laura enough for repositioning the Company for success.”
    “It has been an honor to have served Sarcos during this crucial transition period,” said Laura Peterson.
  • Wolff is uniquely suited to lead Sarcos and drive sustainable growth for the Company moving forward,” continued Weibling.
  • “I am excited to have the opportunity to lead this next chapter for Sarcos,” said Wolff.
  • We will also continue to work on reducing expenses to give the Company the financial runway it needs to reach profitability.”

Globalstar Announces Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the third quarter and year to date period ended September 30, 2023.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the third quarter and year to date period ended September 30, 2023.
  • Total revenue increased $20.1 million, or 53%, to $57.7 million during the third quarter of 2023 compared to the third quarter of 2022, due to higher service revenue.
  • Second quarter 2023 was the first full quarter of normal production of these devices, and we have seen a correlated increase in activations.
  • Subscriber equipment sales decreased $0.3 million or 7% in the third quarter of 2023 compared to the third quarter of 2022.

Globalstar, Inc. Earnings Release and Call Notice

Retrieved on: 
Monday, October 30, 2023

The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com .

Key Points: 
  • The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com .
  • The Company will also conduct a conference call on Thursday, November 2, 2023 at 9:00 a.m.
  • Details are as follows:
    To participate in the earnings call via teleconference, participants should register at the following link to receive an email containing the dial-in number and unique passcode.
  • For those unable to participate in the live call, a replay of the webcast will be available in the Investor Relations section of our website.

Globalstar to Participate in Upcoming Investor Conferences

Retrieved on: 
Monday, October 30, 2023

Globalstar, Inc. (NYSE American: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company’s executive team will be participating in the following investor conferences:

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company’s executive team will be participating in the following investor conferences:
    The Deutsche Bank Global Space Summit, Wednesday, November 15, 2023.
  • The Raymond James TMT and Consumer Conference, Monday, December 4, 2023.
  • The Morgan Stanley 6th Annual Space Summit, Tuesday, December 5, 2023.
  • Investors interested in attending are encouraged to contact your representatives at the respective institutions to receive an invitation to attend their conference.