GSAT FY 2019 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$7B

FY 2019 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$132M+1.2% YoY

Gross Profit

$78M59.3% margin

Operating Income

-$64M-48.6% margin

Net Income

$15M11.6% margin

EPS (Diluted)

$0.01

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

-$5M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$966M

Total Liabilities

$558M

Stockholders' Equity

$407M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$132M	$130M	+1.2%
Gross Profit	$78M	$78M	+0.1%
Operating Income	-$64M	-$47M	-35.2%
Net Income	$15M	-$7M	+335.2%