Globalstar (GSAT) to Release Earnings on Wednesday

Globalstar (NYSEAMERICAN:GSAT) will release its earnings data after the market closes on Wednesday, February 21st. Analysts expect Globalstar to post earnings of ($0.02) per share for the quarter.

Shares of Globalstar (GSAT) opened at $0.94 on Wednesday. Globalstar has a 1-year low of $0.86 and a 1-year high of $2.59. The stock has a market cap of $1,010.00, a P/E ratio of -5.35 and a beta of 1.54.

In related news, CEO James Monroe III sold 38,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $1.16, for a total transaction of $44,080,000.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Separately, TheStreet lowered shares of Globalstar from a “c-” rating to a “d+” rating in a report on Friday, February 2nd.

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Globalstar Company Profile

Globalstar, Inc (Globalstar) provides mobile satellite services (MSS), including voice and data communications services globally through satellite. The Company provides wireless communications services in areas not served or underserved by terrestrial wireless and wireline networks and in circumstances where terrestrial networks are not operational due to natural or man-made disasters.

Earnings History for Globalstar (NYSEAMERICAN:GSAT)

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