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GSAT Q2 2024 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena
GSAT
Globalstar, Inc.
$8B
Q2 2024 Earnings
Communication Services
Telecommunications Services
Income Statement
Revenue
$60M
+9.6% YoY
Gross Profit
$40M
66.6% margin
Operating Income
-$1M
-2.4% margin
Net Income
-$10M
-16.0% margin
EPS (Diluted)
$-0.10
QoQ Revenue Growth
+6.9%
Cash Flow
Operating Cash Flow
$37M
Free Cash Flow
$33M
Stock-Based Comp.
$9M
Balance Sheet
Total Assets
$926M
Total Liabilities
$543M
Stockholders' Equity
$383M
Cash & Equivalents
$64M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$60M
$55M
+9.6%
Gross Profit
$40M
$37M
+8.2%
Operating Income
-$1M
$3M
-154.3%
Net Income
-$10M
$9,000
-107688.9%
Revenue Segments
Service
$58M
69%
Services, SPOT
$10M
12%
Commercial loT
$7M
8%
Services, Duplex
$5M
6%
Product
$3M
3%
Services, Other
$875,000
1%
← FY 2024
All Quarters
Q3 2024 →