Globalstar logo

GlobalstarNYSE American: GSAT

Profile

Country:

United States

IPO:

02 November 2006

Next earnings report:

28 February 2025

Last dividends:

N/A

Next dividends:

N/A
$3.26 B
-20%vs. 3y high
69%vs. sector
-vs. 3y high
-vs. sector
-72%vs. 3y high
94%vs. sector
-53%vs. 3y high
98%vs. sector

Price

regular market | 3 min ago
$1.72+$0.01(+0.59%)

Dividend

No data over the past 3 years
$72.31 M$60.24 M
$72.31 M$9.93 M

Analysts recommendations

Institutional Ownership

GSAT Latest News

3 Stocks to Watch From the Satellite and Communication Industry
zacks.com21 November 2024 Sentiment: -

The Zacks Satellite and Communication industry participants like Globalstar (GSAT), Iridium (IRDM) and Telesat (TSAT) are well-poised to gain from increasing proliferation and cheaper access to space technology.

Globalstar Announces Plans to Transfer Its Stock Listing to Uplist on Nasdaq
businesswire.com18 November 2024 Sentiment: POSITIVE

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced its intent to transfer its common stock listing to the Nasdaq Global Select Market (the “Nasdaq”) in the first quarter of 2025. In connection with this planned uplisting, the Company also announced that its Board of Directors has authorized a reverse stock split of its common stock, which is also exp.

Undercovered Dozen: Asbury Automotive, Globalstar, Northland Power, Aquestive Therapeutics +
seekingalpha.com09 November 2024 Sentiment: POSITIVE

The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh investment ideas and sparking community discussions on their potential. Xometry's AI-driven procurement software in a specialized B2B marketplace shows high-growth potential to Bert Hochfeld, making it a promising investment. Grassroots Trading argues that Boston Scientific's acquisition of Axonics enhances its urology offerings, positioning it strongly in the sacral neuromodulation field.

Globalstar: Upside Still Not Fully Priced In
seekingalpha.com05 November 2024 Sentiment: POSITIVE

Globalstar's share price jumped after the announcement of a significant expansion of its partnership with Apple. Apple is providing Globalstar with capital and the relationship should provide additional high-margin revenue in time. XCOM and Globalstar's terrestrial spectrum should also provide a substantial growth boost in coming years.

Globalstar Stock Jumps 58% After Agreement With Apple
barrons.com01 November 2024 Sentiment: POSITIVE

The satellite company will deliver expanded services to Apple over a new mobile services network, the company said Friday.

Globalstar, Inc. Earnings Release and Call Notice
businesswire.com25 October 2024 Sentiment: NEUTRAL

COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR, INC. EARNINGS RELEASE AND CALL NOTICE.

Globalstar's Band 53 Spectrum to Be Used for Mission-Critical Applications in Combination With CBRS Through a Collaboration With Global Telecom, the Althea Platform, and Alliance
businesswire.com04 October 2024 Sentiment: POSITIVE

LAS VEGAS--(BUSINESS WIRE)--MWC Las Vegas. Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, today announced that Band 53 spectrum will be used to enable high-value and mission-critical applications through carrier aggregation with Citizens Broadband Radio Service (CBRS) in the United States. In a significant move, Globalstar is collaborating with Global Telecom, Alliance, and Hawk Networks, which builds on the Althea platform, to.

Globalstar (GSAT) to Boost 5G Infrastructure With Strategic Tie-Up
zacks.com22 August 2024 Sentiment: POSITIVE

Globalstar (GSAT) and Liquid Intelligent Technologies aim to provide uninterrupted 5G connectivity across Africa, the Middle East and the Gulf.

Globalstar's (GSAT) HIBLEO-4 Authorization Extended by FCC
zacks.com20 August 2024 Sentiment: POSITIVE

Globalstar (GSAT) secures a 15-year extension of its senior HIBLEO-4 authorization from the U.S. Federal Communications Commission, allowing it to operate up to 26 replacement satellites.

Globalstar (GSAT) Reports Q2 Loss, Tops Revenue Estimates
zacks.com08 August 2024 Sentiment: POSITIVE

Globalstar (GSAT) came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to break-even earnings per share a year ago.

  • 1(current)

What type of business is Globalstar?

Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. It also provides one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, SPOT Gen4, and SPOT Trace that transmit messages and the location of the device; commercial Internet of Things transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets; small satellite transmitter modules comprising the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; undertakes installation of gateways and antennas; and hardware and software products design and development services. The company distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. Globalstar, Inc. serves recreation and personal, government, public safety and disaster relief, oil and gas, animal tracking, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, leisure, emergency services, agriculture, and forestry markets. The company was founded in 1993 and is headquartered in Covington, Louisiana.

What sector is Globalstar in?

Globalstar is in the Communication Services sector

What industry is Globalstar in?

Globalstar is in the Telecom Services industry

What country is Globalstar from?

Globalstar is headquartered in United States

When did Globalstar go public?

Globalstar initial public offering (IPO) was on 02 November 2006

What is Globalstar website?

https://www.globalstar.com

Is Globalstar in the S&P 500?

No, Globalstar is not included in the S&P 500 index

Is Globalstar in the NASDAQ 100?

No, Globalstar is not included in the NASDAQ 100 index

Is Globalstar in the Dow Jones?

No, Globalstar is not included in the Dow Jones index

When was Globalstar the previous earnings report?

No data

When does Globalstar earnings report?

The next expected earnings date for Globalstar is 28 February 2025