GSAT FY 2024 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$8B

FY 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$250M+11.9% YoY

Gross Profit

$168M66.9% margin

Operating Income

-$949,000-0.4% margin

Net Income

-$63M-25.2% margin

EPS (Diluted)

$-0.59

Cash Flow

Operating Cash Flow

$439M

Free Cash Flow

$320M

Stock-Based Comp.

$36M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.4B

Stockholders' Equity

$359M

Cash & Equivalents

$391M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$250M	$224M	+11.9%
Gross Profit	$168M	$154M	+8.6%
Operating Income	-$949,000	-$165,000	-475.2%
Net Income	-$63M	-$25M	-155.5%