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.
Globalstar, Inc. GSAT reported fourth-quarter 2024 loss of 42 cents per share, wider than the loss of 14 cents in the year-ago quarter. The Zacks Consensus Estimate was pegged at a loss of 5 cents.
Craig-Hallum lowered the firm’s price target on Globalstar (GSAT) to $45 from $75 and keeps a Buy rating on the shares. The company reported ...
Globalstar Inc (GSAT) reports a 17% revenue increase and uplisting success, while navigating competitive pressures and ...
Shares of Globalstar, Inc. (NYSEARCA:GSAT – Get Free Report) were up 8.7% on Wednesday after Morgan Stanley raised their price target on the stock from $14.85 to $25.00. Morgan Stanley currently has ...
Pre-earnings options volume in Globalstar (GSAT) is normal with calls leading puts 9:2. Implied volatility suggests the market is anticipating ...
Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar”), a next-generation telecommunications infrastructure and technology provider, announced today it visite ...
Globalstar (NYSEARCA:GSAT – Get Free Report) had its price target increased by investment analysts at Morgan Stanley from $14.85 to $25.00 in a report issued on Wednesday,Benzinga reports. The ...
Globalstar, a leading provider of satellite-based communication services, has reported record-breaking financial results in ...
Full year 2024 revenue increased 12% to a record $250.3 million, exceeding the high end of revenue guidance Record annual ...
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