GSAT Q4 2023 Earnings — Globalstar, Inc. Revenue & Financial Results | Market Cap Arena

GSATGlobalstar, Inc.

$8B

Q4 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$52M+26.9% YoY

Gross Profit

$34M65.5% margin

Operating Income

-$12M-22.9% margin

Net Income

-$15M-28.8% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

-9.1%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

-$2M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$924M

Total Liabilities

$545M

Stockholders' Equity

$379M

Cash & Equivalents

$57M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$41M	+26.9%
Gross Profit	$34M	$27M	+28.1%
Operating Income	-$12M	-$9M	-28.7%
Net Income	-$15M	-$5M	-182.6%

Revenue Segments

Service

$151M79%

Product

$16M8%

Services, SPOT

$10M5%

Commercial loT

$6M3%

Services, Duplex

$6M3%

Product, SPOT

$2M1%

Services, Other

$979,0001%

Product, Other

$64,0000%

Geographic Segments

UNITED STATES

$85M83%

CANADA

$9M8%

Latin America

$5M5%

Europe

$4M4%

Other Countries

$317,0000%