GSAT FY 2017 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$7B

FY 2017 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$113M+16.3% YoY

Gross Profit

$65M57.6% margin

Operating Income

-$69M-61.1% margin

Net Income

-$89M-79.1% margin

EPS (Diluted)

$-0.08

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$5M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$838M

Stockholders' Equity

$291M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$113M	$97M	+16.3%
Gross Profit	$65M	$55M	+17.8%
Operating Income	-$69M	-$64M	-8.0%
Net Income	-$89M	-$133M	+32.8%