Globalstar Q4 Loss Widens, Revenue Up; Reiterates Guidance

MT Newswires Live

2025/02/28

Globalstar (GSAT) posted a Q4 diluted loss Thursday of $0.42 per share, widening from a loss of $0.14 a year earlier.

One analyst polled by FactSet expected a loss of $0.06.

Revenue for the quarter ended Dec. 31 was $61.2 million, up from $52.4 million.

Two analysts surveyed by FactSet expected $60.2 million.

The company reiterated its 2025 revenue guidance of $260 million to $285 million.

Analysts polled by FactSet expected $263 million.

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