Earnings Summary

Globalstar Inc.’s revenue jumped 49.65% since last year same period to $55.07Mn in the Q2 2023. On a quarterly growth basis, Globalstar Inc. has generated -6.09% fall in its revenue since last 3-months.

Globalstar Inc.’s net profit jumped 90.15% since last year same period to $-2.64Mn in the Q2 2023. On a quarterly growth basis, Globalstar Inc. has generated 56.77% jump in its net profits since last 3-months.

Globalstar Inc.’s net profit margin jumped 93.42% since last year same period to -4.78% in the Q2 2023. On a quarterly growth basis, Globalstar Inc. has generated 53.96% jump in its net profit margins since last 3-months.

Globalstar Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.01 - a 0% jump from last quarter’s estimates.

Globalstar Inc.’s earning per share (EPS) estimates for the current year stand at -0.01.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Globalstar Inc.’s return on assets (ROA) stands at -0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Globalstar Inc.’s return on equity (ROE) stands at -0.66.