Globalstar shares tumble on Q4 earnings miss
The satellite communications company posted a loss of $0.42 per share for Q4, significantly wider than the breakeven result analysts had forecast. Revenue came in at $61.17 million, slightly above the consensus estimate of $60.24 million and up 17% YoY.
B. Riley Forecasts Globalstar’s Q4 Earnings (NYSEARCA:GSAT)
Analysts at B. Riley issued their Q4 2025 earnings per share estimates for shares of Globalstar in a research report issued to clients and investors on Tuesday, February 18th. B. Riley analyst M. Crawford forecasts that the company will post earnings per share of ($0.
Globalstar Inc (GSAT) reports a 17% revenue increase and uplisting success, while navigating competitive pressures and ...
Reports Q4 revenue $61.2M, consensus $60.2M. Dr. Paul E. Jacobs, CEO, said, “2024 was a remarkable year for Globalstar (GSAT) as we executed ...
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Workday Q4 Earnings Beat Estimates on Solid Revenue GrowthWorkday Inc. WDAY reported solid fourth-quarter fiscal 2025 results, with adjusted earnings and revenues surpassing the ...
Globalstar (NYSEARCA:GSAT – Free Report) had its target price increased by B. Riley from $4.00 to $60.00 in a research report released on Wednesday morning,Benzinga reports. The brokerage currently ...
B. Riley raised the firm’s price target on Globalstar (GSAT) to $60 from $4 and keeps a Buy rating on the shares to account for the 1-for-15 ...
1 Day GSAT -7.14% DJIA -1.69% S&P Mid Cap 400 -2.40% Telecommunication Services 0.04% ...
GSAT Price Action: Globalstar shares were down 17.8% at $1.56 at the time of publication Wednesday, according to Benzinga Pro.
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