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Globalstar Reiterates 2025 Outlook: Understated or Playing Safe?
GlobalstarGlobalstar(US:GSAT) ZACKS·2025-09-24 20:51

Key Takeaways Globalstar expects 2025 revenues of 260260-285M with adjusted EBITDA margins near 50%.Q2 revenues rose 11% to 67.1M,whileadjustedEBITDAincreasedto67.1M, while adjusted EBITDA increased to 35.8M from 32.6M.CommercialIoTgains,RM200MtractionandXCOMRANexpansionsupportgrowthopportunities.Globalstar(GSAT)reiteratedits2025revenueoutlookof32.6M.Commercial IoT gains, RM200M traction and XCOM RAN expansion support growth opportunities.Globalstar (GSAT) reiterated its 2025 revenue outlook of 260-285millionandexpectsadjustedEBITDAmarginsaround50285 million and expects adjusted EBITDA margins around 50% on the last earnings call. In the second quarter, revenues were 67.1 million, up 11% year over year, while adjuste ...