Globalstar (GSAT) Set to Announce Earnings on Thursday

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Globalstar (NYSEAMERICAN:GSAT) will post its quarterly earnings results after the market closes on Thursday, November 1st. Analysts expect Globalstar to post earnings of ($0.02) per share for the quarter.

Globalstar (NYSEAMERICAN:GSAT) last announced its quarterly earnings data on Thursday, August 2nd. The Wireless communications provider reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). The business had revenue of $33.73 million for the quarter. Globalstar had a net margin of 172.06% and a return on equity of 145.71%.

Shares of GSAT stock opened at $0.33 on Wednesday. Globalstar has a 52 week low of $0.30 and a 52 week high of $1.69.

Several analysts have commented on GSAT shares. Zacks Investment Research raised shares of Globalstar from a “sell” rating to a “hold” rating in a research report on Tuesday, August 21st. Chardan Capital lowered shares of Globalstar from a “buy” rating to a “neutral” rating and set a $2.50 price objective on the stock. in a research report on Thursday, August 9th.

Globalstar Company Profile

Globalstar, Inc provides mobile satellite voice and data services worldwide. 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, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services.

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Earnings History for Globalstar (NYSEAMERICAN:GSAT)

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