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NASDAQ:GSAT

Globalstar Q2 2026 Earnings Report

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$81.76 -0.29 (-0.35%)
As of 08/28/2026 04:00 PM Eastern

Globalstar EPS Results

Actual EPS
-$0.23
Consensus EPS
-$0.09
Beat/Miss
Missed by -$0.14
One Year Ago EPS
N/A

Globalstar Revenue Results

Actual Revenue
$64.77 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
-3.50%

Globalstar Announcement Details

Quarter
Q2 2026
Time
Before Market Opens
Conference Call Date
Thursday, August 6, 2026
Conference Call Time
8:00AM ET

Globalstar Earnings Headlines

Craig Hallum Downgrades Globalstar (NASDAQ:GSAT) to Hold
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Marc Chaikin, founder of Chaikin Analytics, is sharing a strategy he calls 'Sell This, Buy That' - a way to move out of overpriced AI stocks before the tech trade breaks down and into lesser-known names with real potential to challenge the Mag 7. One pick he calls 'an upgrade to Tesla stock' is a little-known company that just inked a partnership with Nvidia, positioning it ahead of Tesla in the autonomous vehicle race.tc pixel
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About Globalstar

Globalstar (NASDAQ:GSAT) is a leading provider of mobile satellite voice and data communications services. Through a network of low Earth orbit (LEO) satellites, the company delivers reliable satellite connectivity to users in remote or underserved regions where terrestrial networks are unavailable or unreliable. Its product portfolio includes satellite phones, two-way satellite data modems and Internet of Things (IoT) devices designed for tracking, monitoring and emergency notification.

Founded in 1991 as a joint venture between Loral and Qualcomm, Globalstar launched its first fleet of 48 satellites between 1998 and 2000. The company has since undertaken fleet renewal efforts, deploying a second-generation constellation to ensure continued coverage and enhanced data throughput. Headquartered in Covington, Louisiana, Globalstar operates a global network that spans the Americas, Europe, Africa, Asia and the Pacific, offering continuous voice and data services across more than 120 countries.

Globalstar’s services are widely used by industries and organizations that require dependable satellite connectivity in remote or harsh environments. Key end markets include oil and gas exploration, maritime operations, forestry, agriculture, government and public safety agencies. The company also collaborates with technology partners and resellers to integrate its satellite network into IoT platforms, asset‐tracking solutions and safety devices, enabling customers to monitor equipment, personnel and environmental conditions in real time.

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