GSAT Q1 2017 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$7B

Q1 2017 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$25M+12.9% YoY

Gross Profit

$14M55.1% margin

Operating Income

-$15M-61.7% margin

Net Income

-$20M-81.8% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$4M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$979M

Stockholders' Equity

$155M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$22M	+12.9%
Gross Profit	$14M	$12M	+12.6%
Operating Income	-$15M	-$16M	+3.2%
Net Income	-$20M	-$27M	+25.2%

Geographic Segments

UNITED STATES

$2M56%

CANADA

$715,00023%

Europe

$416,00013%

Latin America

$259,0008%