GSAT Q2 2017 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$7B

Q2 2017 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$28M+12.1% YoY

Gross Profit

$16M58.0% margin

Operating Income

-$13M-44.5% margin

Net Income

-$99M-351.1% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+14.1%

Cash Flow

Operating Cash Flow

$946,000

Free Cash Flow

-$1M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$1.0B

Stockholders' Equity

$91M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$28M	$25M	+12.1%
Gross Profit	$16M	$14M	+14.3%
Operating Income	-$13M	-$16M	+23.8%
Net Income	-$99M	$14M	-800.3%