GSAT Q3 2018 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$7B

Q3 2018 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$36M+17.2% YoY

Gross Profit

$22M61.2% margin

Operating Income

-$18M-50.3% margin

Net Income

$9M25.3% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$9M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$666M

Stockholders' Equity

$392M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$30M	+17.2%
Gross Profit	$22M	$18M	+19.7%
Operating Income	-$18M	-$11M	-66.4%
Net Income	$9M	$52M	-82.8%

Revenue Segments

Service

$23M39%

Services, SPOT

$13M22%

Services, Duplex

$12M21%

Services, Simplex

$4M6%

Product, SPOT

$3M5%

Product, Simplex

$2M4%

Services, Other

$929,0002%

Product, Duplex

$432,0001%

Product

$260,0000%

Services, IGO

$257,0000%

Product, IGO

$141,0000%

Product, Other

$32,0000%

Geographic Segments

UNITED STATES

$21M71%

CANADA

$6M19%

Europe

$2M8%

Latin America

$527,0002%

Other Countries

$90,0000%