Globalstar Reports Q3 Loss, Projects $260M-$285M Revenue for 2021

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Globalstar, a satellite communications company, reported a net loss of $1.6 million in Q3, translating to a loss of one cent per share. Despite this, they generated $73.8 million in revenue. Looking ahead, they project full-year revenue between $260 million and $285 million. This data, sourced from Zacks Investment Research, offers insights into Globalstars financial health and market performance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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