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NEW: Price Reaction to Earnings Reports

View detailed tables showing price action before and after earnings announcements, ranging from intraday to one week out. Track how the market has reacted to past earnings to identify patterns and predict future behavior. Click here to open.

GSAT

Globalstar Inc

Dec 26 • 04:00PM ET

2.13

Dollar change +0.16
Percentage change 8.12	%

Communication Services • Telecom Services • USA • AMEX

Peers: IRDM VSAT SATS QCOM CMTL ASTS GOGO NOC LMT MSFT

Scroll to Statements

Index	RUT	P/E	-	EPS (ttm)	-0.02	Insider Own	60.66%	Shs Outstand	1.89B	Perf Week	15.14%
Market Cap	4.03B	Forward P/E	1868.42	EPS next Y	0.00	Insider Trans	-0.00%	Shs Float	745.01M	Perf Month	13.90%
Income	-35.98M	PEG	-	EPS next Q	-0.00	Inst Own	20.23%	Short Float	4.04%	Perf Quarter	77.50%
Sales	241.58M	P/S	16.70	EPS this Y	-298.81%	Inst Trans	2.87%	Short Ratio	1.57	Perf Half Y	91.89%
Book/sh	0.21	P/B	10.23	EPS next Y	109.23%	ROA	-3.07%	Short Interest	30.12M	Perf Year	8.67%
Cash/sh	0.03	P/C	77.70	EPS next 5Y	15.00%	ROE	-7.21%	52W Range	1.00 - 2.74	Perf YTD	9.79%
Dividend Est.	-	P/FCF	52.65	EPS past 5Y	-21.49%	ROI	-4.60%	52W High	-22.26%	Beta	1.08
Dividend TTM	-	Quick Ratio	0.99	Sales past 5Y	13.14%	Gross Margin	30.52%	52W Low	113.00%	ATR (14)	0.18
Dividend Ex-Date	-	Current Ratio	1.09	EPS Y/Y TTM	-70.54%	Oper. Margin	-3.24%	RSI (14)	60.76	Volatility	7.55% 10.04%
Employees	348	Debt/Eq	1.07	Sales Y/Y TTM	13.58%	Profit Margin	-14.90%	Recom	1.00	Target Price	4.50
Option/Short	Yes / Yes	LT Debt/Eq	0.99	EPS Q/Q	179.17%	Payout	-	Rel Volume	0.97	Prev Close	1.97
Sales Surprise	19.84%	EPS Surprise	223.08%	Sales Q/Q	25.35%	Earnings	Nov 07 AMC	Avg Volume	19.16M	Price	2.13
SMA20	5.52%	SMA50	23.74%	SMA200	57.40%	Trades		Volume	18,518,481	Change	8.12%

Date	Action	Analyst	Rating Change	Price Target Change
Aug-04-23	Initiated	Imperial Capital	Outperform	$7.79
May-03-23	Upgrade	Morgan Stanley	Underweight → Equal-Weight	$1.75 → $0.97
Oct-31-22	Initiated	Craig Hallum	Buy	$5
Jun-21-21	Initiated	B. Riley Securities	Buy	$3.25
Jan-22-21	Downgrade	Morgan Stanley	Equal-Weight → Underweight
Aug-09-18	Downgrade	Chardan Capital Markets	Buy → Neutral
Feb-24-17	Upgrade	Chardan Capital Markets	Neutral → Buy	$2.50
Jun-13-16	Downgrade	Chardan Capital Markets	Buy → Neutral

Dec-20-24 04:03PM	Globalstar Outlines Growth Strategy and Financial Outlook at Investor Day (Business Wire)
Dec-18-24 08:44AM	Hawk Networks and Globalstar Announce Collaboration and Availability of Band 53 Spectrum on Hawks Platform (Business Wire)
Dec-12-24 08:44AM	Globalstar Achieves First 5G Data Call with XCOM RAN on Band n53 Spectrum (Business Wire) -9.91%
Dec-10-24 02:27PM	Apples Next Ultra Smartwatch Will Be Able to Send Texts Via Satellite (Bloomberg) +8.53%
Dec-03-24 04:09PM	Parsons and Globalstar Announce Partnership, Demonstrate First Software Defined Satellite Communication Solutions in Low Earth Orbit (Business Wire) +8.81%
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09:16AM	FCC Issues 15-Year Renewal of Globalstars Blanket Mobile Earth Terminal Authorization (Business Wire)
Nov-21-24 09:16AM	Globalstar Partner Spotter Achieves Milestone of Over 30,000 Satellite IoT Collars Deployed Across Central Asia (Business Wire)
Nov-19-24 09:16AM	Globalstar to Host Analyst & Investor Day on December 12, 2024 (Business Wire)
Nov-18-24 12:51PM	Globalstar plans to shift listing to Nasdaq, announces reverse stock split (Investing.com)
09:16AM	Globalstar Announces Plans to Transfer Its Stock Listing to Uplist on Nasdaq (Business Wire)
03:31AM	Apple ups satellite investment stakes with latest Globalstar deal (Verdict)
Nov-14-24 09:16AM	Globalstar Wins Terrestrial Authority in Mexico (Business Wire) +8.00%
Nov-12-24 09:16AM	Globalstar Announces Participation at Deutsche Banks Global Space Summit (Business Wire) -5.47%
Nov-10-24 01:10PM	Globalstar, Inc. (GSAT): A Bull Case Theory (Insider Monkey)
Nov-09-24 06:00AM	Globalstar Inc (GSAT) Q3 2024 Earnings Call Highlights: Record Revenue Growth and Strategic Advances (GuruFocus.com)
04:15PM	Loading…
Nov-07-24 04:15PM	Globalstar Announces Third Quarter 2024 Financial Results (Business Wire) +7.03%
Nov-06-24 07:11AM	Earnings To Watch: Globalstar Inc (GSAT) Reports Q3 2024 Results (GuruFocus.com) +6.29%
Nov-05-24 06:19AM	Apple reportedly devising plans to enter smart glasses market (Verdict)
Nov-04-24 04:26AM	Apple to invest $1.5bn in Globalstar to expand satellite services (Verdict) +31.88%
Nov-02-24 09:35AM	Morgan Stanley says Globalstar expanded Apple relationship very encouraging (TipRanks)
07:29AM	Globalstar Expands Satellite Network with Apple Agreement (TipRanks)
Nov-01-24 04:30PM	Globalstar Soars 64% on Expanded Apple Partnership, Forecasts Revenue Doubling (GuruFocus.com) +31.43% +31.88%
03:55PM	Globalstar stock surges on potential $1.5B Apple investment: Reuters (Yahoo Finance Video)
12:03PM	Apple to invest up to $1.5 billion in Globalstar for satellite coverage expansion (Reuters)
10:17AM	Satellite Operator Globalstar Soars After Agreement With Apple (Barrons.com)
08:57AM	Globalstar stock rockets 40% on expanded satellite service deal with Apple (Investing.com)
Oct-25-24 04:15PM	Globalstar, Inc. Earnings Release and Call Notice (Business Wire) +6.80%
Oct-16-24 08:58AM	Why Globalstar, Inc. (GSAT) is the Penny Stock with the Biggest Upside Potential According to Analysts (Insider Monkey)
Oct-09-24 05:40PM	Globalstar Inc (GSAT) Q2 2024 Earnings Call Highlights: Strong Revenue Growth and Raised Guidance (GuruFocus.com)
Oct-04-24 09:23AM	Globalstars Band 53 Spectrum to Be Used for Mission-Critical Applications in Combination With CBRS Through a Collaboration With Global Telecom, the Althea Platform, and Alliance (Business Wire)
11:25AM	Loading…
Oct-01-24 11:25AM	Globalstar Announces Participation at MWC Las Vegas 2024 (Business Wire)
Sep-23-24 07:00AM	BestGrowthStocks.Com Issues Comprehensive Analysis of Globalstar Inc's Strategic Partnerships and Growth Drivers (News Direct)
Sep-02-24 07:07AM	Prediction: SpaceX Starlink Will Compete With AST SpaceMobile (Motley Fool)
Sep-01-24 10:26PM	Globalstar, Inc. (GSAT): The Best Multibagger Penny Stock of 2025? (Insider Monkey)
Aug-22-24 10:05AM	Globalstar (GSAT) to Boost 5G Infrastructure With Strategic Tie-Up (Zacks)
Aug-21-24 09:23AM	Liquid Intelligent Technologies and Globalstar Partner to Deliver High-speed 5G Access Solutions Across Africa, the Middle East, and the Gulf (Business Wire) +14.17%
Aug-20-24 07:51AM	Globalstar's (GSAT) HIBLEO-4 Authorization Extended by FCC (Zacks)
Aug-19-24 09:27AM	FCC Reauthorizes Globalstars HIBLEO-4 Constellation (Business Wire) +6.40%
Aug-08-24 11:19AM	Apple's Satellite Connectivity Provider Globalstar's Q2 Revenue Grows 10% On Wholesale Capacity Surge, Hikes FY24 Outlook (Benzinga) +10.09%
09:15AM	Globalstar (GSAT) Reports Q2 Loss, Tops Revenue Estimates (Zacks)
08:12AM	Globalstar: Q2 Earnings Snapshot (Associated Press Finance)
08:00AM	Globalstar Announces Second Quarter 2024 Financial Results (Business Wire)
Jul-26-24 04:15PM	Globalstar, Inc. Earnings Release and Call Notice (Business Wire)
Jul-10-24 06:22AM	3 Penny Stock Lotto Tickets With 100X Potential (InvestorPlace)
Jul-03-24 12:43PM	Apple Needs AIbut It Needs Satellites More (Barrons.com)
11:03AM	AI Is Great for Apple, But Satellites Matter More. SpaceX and These 2 Stocks Benefit. (Barrons.com)
09:45AM	3 Penny Stock Moonshots with 300%+ Upside Potential by 2025 (InvestorPlace)
Jun-11-24 02:15PM	Why Is Satellite Company AST SpaceMobile Stock Soaring On Tuesday? (Benzinga) +5.66%
02:08PM	Why Is Satellite Communications Globalstar Stock Trading Higher On Tuesday? (Benzinga)
May-10-24 01:17PM	Globalstar Inc (GSAT) Q1 2024 Earnings: Challenges Amid Growth Initiatives (GuruFocus.com)
May-09-24 11:49AM	Q1 2024 Globalstar Inc Earnings Call (Thomson Reuters StreetEvents) -5.47%
10:41AM	Globalstar, Inc. (AMEX:GSAT) Q1 2024 Earnings Call Transcript (Insider Monkey)
03:58AM	Globalstar Inc (GSAT) Q1 2024 Earnings Call Transcript Highlights: Navigating Growth and Challenges (GuruFocus.com)
May-08-24 06:04PM	Globalstar: Q1 Earnings Snapshot (Associated Press Finance)
04:15PM	Globalstar Announces First Quarter 2024 Financial Results and Operational Updates (Business Wire)
May-04-24 08:00AM	Wall Street Analysts Predict 1000% Upside for These 7 Penny Stocks (InvestorPlace)
May-03-24 05:03PM	Globalstar, Inc. Earnings Release and Call Notice (Business Wire)
Apr-24-24 08:30AM	Globalstar Celebrates 10,000 Rescue Milestone with SPOT Brand Giveaway (Business Wire)
Apr-18-24 04:30PM	Globalstar to Participate in Upcoming Investor Conferences (Business Wire)
Mar-31-24 04:42PM	16 Largest Satellite Companies In The World (Insider Monkey)
Mar-15-24 07:00PM	Globalstar Inc (GSAT) CFO Rebecca Clary Sells 75,000 Shares (GuruFocus.com) -5.44%
Mar-12-24 06:49PM	15 Biggest Telecom Companies in the US (Insider Monkey)
Mar-05-24 09:24AM	Globalstar, Inc. (AMEX:GSAT) Q4 2023 Earnings Call Transcript (Insider Monkey)
Mar-04-24 03:35PM	The Top 7 Telecom Stocks to Buy in March 2024 (InvestorPlace) -6.08%
Feb-29-24 01:21AM	Q4 2023 Globalstar Inc Earnings Call (Thomson Reuters StreetEvents) +7.59%
Feb-28-24 08:39AM	Globalstar: Q4 Earnings Snapshot (Associated Press Finance) -16.67%
08:31AM	Globalstar Inc (GSAT) Posts Record Annual Revenue in 2023 Financial Results (GuruFocus.com)
08:15AM	Globalstar Announces 2023 Financial Results (Business Wire)
Feb-23-24 09:00AM	Globalstar Announces Commercial Availability of XCOM RAN Multipoint Radio System for Private Network Wireless Optimization; Solution Being Deployed by Major Global Retailer (Business Wire)
Feb-16-24 04:53PM	Globalstar, Inc. Earnings Release and Call Notice (Business Wire)
Jan-29-24 09:01AM	Hedge Fund Anson Gains 18% as Activist Stock Wins Outpace Crypto Losses (Bloomberg)
Dec-22-23 12:58AM	Crown Castle gives in to Elliott's pressure: Insider trades & hedge funds weekly (Investing.com)
Nov-09-23 01:43PM	Q3 2023 Rocket Lab USA Inc Earnings Call (Thomson Reuters StreetEvents)
Nov-05-23 11:05AM	Globalstar, Inc. (AMEX:GSAT) Q3 2023 Earnings Call Transcript (Insider Monkey)
Nov-02-23 10:45PM	Q3 2023 Globalstar Inc Earnings Call (Thomson Reuters StreetEvents)
09:59AM	Globalstar Inc (GSAT) Reports 53% Increase in Total Revenue for Q3 2023 (GuruFocus.com)
08:15AM	Globalstar: Q3 Earnings Snapshot (Associated Press Finance)
08:00AM	Globalstar Announces Third Quarter 2023 Results (Business Wire)
Oct-30-23 07:00AM	Globalstar, Inc. Earnings Release and Call Notice (Business Wire) +5.38%
Oct-18-23 08:43AM	Israel-Hamas Conflict Shines Light On Critical Role Of Space Sector (Benzinga)
Oct-16-23 12:18PM	Globalstar Inc's Meteoric Rise: Unpacking the 29% Surge in Just 3 Months (GuruFocus.com)
Oct-03-23 01:02PM	Globalstar Inc (GSAT): A Deep Dive into Its Performance Potential (GuruFocus.com)
07:00AM	7 Speculative Stocks Set to Explode Higher (InvestorPlace)
Oct-02-23 07:37PM	Is Globalstar (GSAT) Too Good to Be True? A Comprehensive Analysis of a Potential Value Trap (GuruFocus.com) -6.87%
Sep-29-23 07:31PM	Unveiling Globalstar (GSAT)'s Value: Is It Really Priced Right? A Comprehensive Guide (GuruFocus.com) +6.50%
Sep-28-23 07:15AM	Zacks Industry Outlook Highlights Iridium Communications, Globalstar and EchoStar (Zacks)
Sep-27-23 09:48AM	3 Stocks to Watch From the Satellite and Communication Industry (Zacks)
Sep-20-23 12:11PM	Globalstar Inc (GSAT): A Deep Dive into Its Performance Potential (GuruFocus.com)
Sep-19-23 07:37PM	Unveiling Globalstar (GSAT)'s Value: Is It Really Priced Right? A Comprehensive Guide (GuruFocus.com)
Sep-07-23 02:06PM	Globalstar Is Ready for a New Phase of Growth (GuruFocus.com)
Sep-04-23 12:23PM	Globalstar Inc's Meteoric Rise: Unpacking the 33% Surge in Just 3 Months (GuruFocus.com)
Sep-01-23 05:36PM	Globalstar Satellites Could Score for Small Devices, IoT, Says New Boss (Barrons.com)
Aug-29-23 12:36PM	Former Qualcomm CEO to Lead Company Powering Apples Satellite-Text Service (The Wall Street Journal) +23.58%
12:17PM	Globalstar Inc's Meteoric Rise: Unpacking the 29% Surge in Just 3 Months (GuruFocus.com)
10:05AM	Apple partner Globalstar taps former Qualcomm exec Jacobs as CEO (Reuters)
08:00AM	Globalstar Appoints Dr. Paul Jacobs as Chief Executive Officer; Announces Agreement to License XCOM Labs Technology (Business Wire)
Aug-04-23 02:29PM	Globalstar, Inc. (AMEX:GSAT) Q2 2023 Earnings Call Transcript (Insider Monkey)
07:30AM	7 Penny Stocks Nearing Super Attractive Entry Points (InvestorPlace)
Aug-03-23 09:57PM	Q2 2023 Globalstar Inc Earnings Call (Thomson Reuters StreetEvents)
09:15AM	Globalstar (GSAT) Reports Break-Even Earnings for Q2 (Zacks)

Globalstar, Inc. engages in the provision of mobile satellite services. It offers voice and data communications services to the following markets: recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, natural resources, mining, and forestry, construction, utilities, and transportation. The company was founded in November 2003 and is headquartered in Covington, LA.

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Monroe James III	Director	Dec 24 '24	Buy	1.96	500,000	977,650	10,834,090	Dec 26 09:25 AM
Monroe James III	Director	Dec 23 '24	Buy	1.93	500,000	966,100	10,334,090	Dec 26 09:25 AM
Monroe James III	Director	Dec 20 '24	Buy	1.97	500,000	985,050	9,834,090	Dec 23 09:27 AM
Monroe James III	Director	Dec 19 '24	Buy	1.89	500,000	943,700	9,334,090	Dec 20 09:18 AM
Monroe James III	Director	Dec 18 '24	Buy	2.00	500,000	998,300	8,834,090	Dec 19 09:15 AM
Monroe James III	Director	Dec 17 '24	Buy	1.92	500,000	957,500	8,334,090	Dec 18 09:17 AM
Monroe James III	Director	Dec 16 '24	Buy	1.96	500,000	978,400	7,834,090	Dec 16 03:44 PM
Monroe James III	Director	Dec 13 '24	Buy	2.00	500,000	997,500	7,334,090	Dec 16 08:01 AM
Taylor Timothy Evan	VP, Finance & Operations	Dec 11 '24	Sale	2.22	3,500,000	7,752,850	6,383,649	Dec 13 07:04 PM
Monroe James III	Director	Dec 13 '24	Buy	1.90	530,000	1,005,569	6,834,090	Dec 13 01:54 PM
Clary Rebecca	VP & Chief Financial Officer	Dec 09 '24	Sale	2.13	37,688	80,275	1,396,027	Dec 11 06:20 PM
Ponder L Barbee IV	General Counsel	Dec 09 '24	Sale	2.13	37,688	80,275	2,095,865	Dec 11 06:18 PM
Ponder L Barbee IV	General Counsel	Dec 10 '24	Sale	2.08	38,624	80,191	2,057,241	Dec 11 06:18 PM
Ponder L Barbee IV	Officer	Dec 09 '24	Proposed Sale	2.10	76,312	160,467		Dec 11 06:15 PM
Clary Rebecca	Officer	Dec 09 '24	Proposed Sale	2.13	37,688	80,275		Dec 11 06:03 PM
Timothy E. Taylor	Officer	Dec 11 '24	Proposed Sale	2.22	3,500,000	7,770,000		Dec 11 04:39 PM
HASLER WILLIAM A	Director	Dec 03 '24	Sale	1.93	90,000	173,754	848,668	Dec 04 05:32 PM
Taylor Timothy Evan	VP, Finance & Operations	Sep 11 '24	Sale	1.22	395,000	482,097	10,278,649	Sep 13 04:50 PM
Taylor Timothy Evan	VP, Finance & Operations	Sep 12 '24	Sale	1.18	395,000	465,587	9,883,649	Sep 13 04:50 PM
Taylor Timothy Evan	Officer	Sep 12 '24	Proposed Sale	1.21	395,000	477,950		Sep 12 04:06 PM
Taylor Timothy Evan	Officer	Sep 11 '24	Proposed Sale	1.25	395,000	493,750		Sep 11 04:16 PM
Clary Rebecca	VP & Chief Financial Officer	Sep 03 '24	Sale	1.25	75,000	93,750	1,418,745	Sep 04 04:18 PM
Clary Rebecca	Officer	Sep 03 '24	Proposed Sale	1.25	75,000	93,750		Sep 03 11:34 AM
JACOBS PAUL E	Chief Executive Officer	Jun 28 '24	Sale	1.06	4,510,855	4,800,001	3,143,182	Jul 01 12:30 PM
Monroe James III	Director	Jun 28 '24	Buy	1.06	4,510,855	4,800,001	8,708,254	Jul 01 10:30 AM
Clary Rebecca	VP & Chief Financial Officer	Jun 03 '24	Sale	1.11	75,000	82,943	1,493,745	Jun 04 05:17 PM
Clary Rebecca	VP & Chief Financial Officer	Mar 15 '24	Sale	1.39	75,000	104,250	1,568,745	Mar 15 04:33 PM
Taylor Timothy Evan	VP, Finance & Operations	Mar 13 '24	Sale	1.45	395,000	574,132	11,068,649	Mar 15 04:32 PM
Taylor Timothy Evan	VP, Finance & Operations	Mar 14 '24	Sale	1.43	395,000	565,324	10,673,649	Mar 15 04:32 PM
Lynch James F	Director	Mar 13 '24	Buy	1.46	660,000	960,300	12,340,720	Mar 15 04:02 PM
Lynch James F	Director	Mar 12 '24	Buy	1.44	660,000	952,776	11,680,720	Mar 13 06:06 PM
Lynch James F	Director	Mar 11 '24	Buy	1.42	660,000	934,890	11,020,720	Mar 13 06:06 PM
Lynch James F	Director	Mar 08 '24	Buy	1.34	660,000	883,872	10,360,720	Mar 11 09:29 AM
Lynch James F	Director	Mar 07 '24	Buy	1.31	660,000	863,742	9,700,720	Mar 11 09:29 AM
Lynch James F	Director	Dec 29 '23	Buy	1.93	500,000	963,700	9,040,720	Jan 02 06:05 PM

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GSAT

Globalstar Inc

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