Globalstar on Tuesday named former Qualcomm top boss Paul Jacobs as its CEO, sparking a near 20% surge in the shares of the satellite firm behind Apple's emergency communication services.
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Globalstar has partnered with Apple and Qualcomm, leveraging its satellite communication services and frequency spectrum for emergency messaging and private 5G networks. The company's revenues have su
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Globalstar (GSAT) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.01 per share a year ago.
Macroeconomic weakness, inflation and supply chain woes could affect the Zacks Satellite and Communication industry participants' prospects in the near term. Global security threats and increasing def

Globalstar: Still A Long Way To Go

03:29pm, Thursday, 30'th Mar 2023
Globalstar must prove it has the ability to fulfill its open orders in the first quarter of 2023. Globalstar plans on spending an additional $250 million in CapEx for the full year 2023, which could p

Why Globalstar Stock Leaped 11% Higher Today

06:37pm, Wednesday, 29'th Mar 2023
The satellite specialist disclosed happy news in the financing sphere. It is selling $200 million worth of senior notes to an investment firm.
Shares of Globalstar Inc. GSAT charged 6.9% higher in morning trading Wednesday, after the telecommunications connectivity company announced a financing deal that didn't include equity. The stock's ga

Why Globalstar Stock Triumphed on Tuesday

05:57pm, Tuesday, 28'th Feb 2023
News of a big pile of funds coming in lights up the company's shares just before the latest quarterly earnings release.

7 Most Undervalued Penny Stocks to Buy Now

07:46am, Tuesday, 20'th Dec 2022
As the market continues to struggle there's a real opportunity to pick up undervalued penny stocks. Arguably a more stable market environment is expected next year to support smaller-cap volatile asse
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