GSAT Q2 2018 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$7B

Q2 2018 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$34M+19.9% YoY

Gross Profit

$20M59.4% margin

Operating Income

$2M5.8% margin

Net Income

-$7M-20.8% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+17.3%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$5M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$687M

Stockholders' Equity

$381M

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$28M	+19.9%
Gross Profit	$20M	$16M	+22.8%
Operating Income	$2M	-$13M	+115.6%
Net Income	-$7M	-$99M	+92.9%

Revenue Segments

Service

$23M41%

Services, SPOT

$14M24%

Services, Duplex

$10M18%

Services, Simplex

$3M6%

Product, Simplex

$3M5%

Product, SPOT

$2M3%

Product, Duplex

$750,0001%

Services, Other

$561,0001%

Services, IGO

$216,0000%

Product

$204,0000%

Product, IGO

$136,0000%

Product, Other

$91,0000%

Geographic Segments

UNITED STATES

$20M72%

CANADA

$5M17%

Europe

$2M9%

Latin America

$612,0002%

Other Countries

$79,0000%