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GSAT

Globalstar Inc.

$1.72

Earnings Summary

Revenue
$32.77Mn
Net Profits
$-20.46Mn
Net Profit Margins
-62.44%

Highlights

Revenue:

Globalstar Inc.’s revenue jumped 21.7% since last year same period to $32.77Mn in the Q1 2022. On a quarterly growth basis, Globalstar Inc. has generated -4.94% fall in its revenue since last 3-months.

Net Profits:

Globalstar Inc.’s net profit jumped 43.68% since last year same period to $-20.46Mn in the Q1 2022. On a quarterly growth basis, Globalstar Inc. has generated 14.59% jump in its net profits since last 3-months.

Net Profit Margins:

Globalstar Inc.’s net profit margin jumped 53.72% since last year same period to -62.44% in the Q1 2022. On a quarterly growth basis, Globalstar Inc. has generated 10.15% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Globalstar Inc. post its latest quarter earnings

EPS Estimate Current Quarter
-0.01
EPS Estimate Current Year
-0.01

Highlights

EPS Estimate Current Quarter:

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

EPS Estimate Current Year:

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

Key Ratios

Key ratios of the Globalstar Inc. post its Q1 2022 earnings

Earning Per Share (EPS)
-0.01
Return on Assets (ROA)
-0.04
Return on Equity (ROE)
-0.28
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Globalstar Inc.’s earning per share (EPS) jumped 50% since last year same period to -0.01 in the Q1 2022. This indicates that the Globalstar Inc. has generated 50% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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 -0.04.

Earning Per Share (EPS):

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 -0.28.

Dividend Per Share (DPS):

Globalstar Inc. declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
-0.01
-0.01
0%

Company Information

Globalstar is a leading provider of customizable Satellite IoT Solutions for customers around the world in industries such as oil and gas, transportation, emergency management, government, maritime and outdoor recreation. A pioneer of mobile satellite voice and data services, Globalstar solutions connect people to their devices and allow businesses to streamline operations providing safety and communication and enabling mobile assets to be monitored remotely via the Globalstar Satellite Network. The Company's Commercial IoT product portfolio includes industry-acclaimed SmartOne asset tracking products, Commercial IoT satellite transmitters and the SPOT® product line for personal safety, messaging and emergency response, all supported on SPOT My Globalstar, a robust cloud-based enhanced mapping solution.

Organisation
Globalstar Inc.
Headquarters
Covington, Louisiana, US
Employees
346
Industry
Communications
CEO
David Kagan