GSAT Q4 2018 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$7B

Q4 2018 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$32M+8.6% YoY

Gross Profit

$19M58.3% margin

Operating Income

-$18M-57.6% margin

Net Income

-$96M-301.9% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

-10.5%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$17M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$687M

Stockholders' Equity

$359M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$29M	+8.6%
Gross Profit	$19M	$17M	+11.3%
Operating Income	-$18M	-$30M	+39.2%
Net Income	-$96M	-$23M	-327.1%

Revenue Segments

Service

$23M42%

Services, SPOT

$13M23%

Services, Duplex

$10M18%

Services, Simplex

$4M6%

Product, Simplex

$2M4%

Product, SPOT

$2M3%

Services, Other

$655,0001%

Product, Duplex

$403,0001%

Services, IGO

$250,0000%

Product

$200,0000%

Product, IGO

$151,0000%

Product, Other

$10,0000%

Geographic Segments

UNITED STATES

$19M71%

CANADA

$5M19%

Europe

$2M8%

Latin America

$475,0002%

Other Countries

$114,0000%