Earnings Summary

Globalstar Inc.’s revenue fell -0.28% since last year same period to $30.28Mn in the Q2 2021. On a quarterly growth basis, Globalstar Inc. has generated 12.44% jump in its revenue since last 3-months.

Globalstar Inc.’s net profit jumped 13.29% since last year same period to $-21.45Mn in the Q2 2021. On a quarterly growth basis, Globalstar Inc. has generated 40.97% jump in its net profits since last 3-months.

Globalstar Inc.’s net profit margin jumped 13.04% since last year same period to -70.84% in the Q2 2021. On a quarterly growth basis, Globalstar Inc. has generated 47.5% 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 -0.04.

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 -0.76.