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Globalstar (GSAT) Reports Q3 Loss, Tops Revenue Estimates
GlobalstarGlobalstar(US:GSAT) ZACKS·2025-11-07 08:55

Globalstar (GSAT) came out with a quarterly loss of 0.01pershareversustheZacksConsensusEstimateofalossof0.01 per share versus the Zacks Consensus Estimate of a loss of 0.03. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +66.67%. A quarter ago, it was expected that this satellite communications company would post a loss of 0.09persharewhenitactuallyproducedearningsof0.09 per share when it actually produced earnings of 0.13, delivering a surprise of +244.44%.Over the last four qua ...