GSAT Q4 2019 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$7B

Q4 2019 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$32M-0.3% YoY

Gross Profit

$18M56.1% margin

Operating Income

-$17M-53.6% margin

Net Income

-$38M-118.6% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

-17.6%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$966M

Total Liabilities

$558M

Stockholders' Equity

$407M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$32M	-0.3%
Gross Profit	$18M	$19M	-4.0%
Operating Income	-$17M	-$18M	+7.4%
Net Income	-$38M	-$96M	+60.9%

Revenue Segments

Services, SPOT

$12M50%

Services, Duplex

$9M39%

Product, SPOT

$2M8%

Product, Duplex

$419,0002%

Services, Other

$328,0001%

Services, IGO

$13,0000%

Product, Other

-$33,000-0%

Geographic Segments

UNITED STATES

$19M71%

CANADA

$5M18%

Europe

$2M8%

Latin America

$699,0003%

Other Countries

$176,0001%