GSAT Q1 2018 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$7B

Q1 2018 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$29M+16.6% YoY

Gross Profit

$18M61.0% margin

Operating Income

-$13M-45.1% margin

Net Income

$88M305.9% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

-2.3%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$8M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$743M

Stockholders' Equity

$384M

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$29M	$25M	+16.6%
Gross Profit	$18M	$14M	+29.2%
Operating Income	-$13M	-$15M	+14.8%
Net Income	$88M	-$20M	+536.1%

Revenue Segments

Services, SPOT

$13M45%

Services, Duplex

$9M31%

Services, Simplex

$3M11%

Product, SPOT

$1M5%

Services, Other

$967,0003%

Product, Simplex

$804,0003%

Product, Duplex

$431,0001%

Services, IGO

$209,0001%

Product, IGO

$70,0000%

Product, Other

$1,0000%

Geographic Segments

UNITED STATES

$18M71%

CANADA

$4M17%

Europe

$2M9%

Latin America

$569,0002%

Other Countries

$329,0001%