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Wednesday, September 07, 2022 6:34:35 PM
Globalstar expects that its business strategy will allow it to generate reliable cash flow with substantial growth potential and greater profitability. Including the Partnership Agreements and excluding terrestrial spectrum, the Company expects its total revenue for the year ended December 31, 2023 to range between $185 million to $230 million, depending in part upon the Company’s achievement of certain performance and other targets under the Partnership Agreements, generating an EBITDA margin of approximately 55%. The Company expects these financial metrics to continue to improve significantly by 2026, which is expected to be the first full year in which the new satellites are operational, with total revenue expected to increase by approximately 35% compared to the 2023 forecast driven primarily by revenue growth under the Partnership Agreements.
Recent GSAT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 09:26:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:15:09 PM
- Globalstar Announces First Quarter 2024 Financial Results and Operational Updates • Business Wire • 05/08/2024 08:15:00 PM
- Globalstar, Inc. Earnings Release and Call Notice • Business Wire • 05/03/2024 09:03:00 PM
- Globalstar Celebrates 10,000 Rescue Milestone with SPOT Brand Giveaway • Business Wire • 04/24/2024 12:30:00 PM
- Globalstar to Participate in Upcoming Investor Conferences • Business Wire • 04/18/2024 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 01:29:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:51:54 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:51:43 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:51:31 AM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 02/29/2024 01:41:18 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/29/2024 01:06:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 01:15:47 PM
- Globalstar Announces 2023 Financial Results • Business Wire • 02/28/2024 01:15:00 PM
- Globalstar Announces Commercial Availability of XCOM RAN Multipoint Radio System for Private Network Wireless Optimization; Solution Being Deployed by Major Global Retailer • Business Wire • 02/23/2024 02:00:00 PM
- Globalstar, Inc. Earnings Release and Call Notice • Business Wire • 02/16/2024 09:53:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 09:30:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 09:29:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 09:28:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 09:27:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 09:19:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/02/2024 11:05:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 09:23:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/20/2023 09:22:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/18/2023 09:34:46 PM
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