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Globalstar (GSAT)
NASDAQ:GSAT
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.15Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: -12.93%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The call highlighted strong revenue growth, significant advancements in satellite and IoT solutions, strategic leadership appointments, and promising partnerships. However, these positives were offset by increased costs impacting EBITDA and a prolonged sales cycle for a major customer. Despite these challenges, the company remains optimistic about its long-term growth prospects.Company Guidance
During the Globalstar First Quarter 2025 Earnings Conference Call, the company provided several financial metrics and guidance. Total revenue increased by 6% to $60 million compared to the prior year, while service revenue rose by 7%, largely due to wholesale capacity services. Adjusted EBITDA grew by 3% to $30.4 million despite higher cash costs, including a $1.3 million increase to support the XCOM RAN product. The adjusted EBITDA margin was adversely impacted by approximately 200 basis points. Globalstar ended the fiscal period with $241.4 million in cash, while net cash flows from operations were $51.9 million, and adjusted free cash flow was $47.6 million, a significant improvement from the previous year. The company reiterated its full-year 2025 revenue guidance of $260 million to $285 million, with an anticipated adjusted EBITDA margin of around 50%.Revenue Growth
Total revenue increased by 6% to $60 million compared to the prior year period of $56.5 million. Service revenue increased by 7%, driven primarily by wholesale capacity services.
Increase in Adjusted Free Cash Flow
Adjusted free cash flow rose significantly to $47.6 million compared to $19.9 million in the prior year's first quarter.
Successful Launch of Two-Way Satellite IoT Solution
Globalstar launched a two-way satellite IoT solution via its low earth orbiting satellite constellation, marking a significant expansion beyond traditional one-way tracking capabilities.
New State-of-the-Art Satellite Operations Control Center
Opened a new satellite operations control center in Covington, Louisiana, enhancing satellite fleet management capabilities and improving network performance.
Strategic Leadership Appointments
Appointed Dr. Tamer Kadous as Vice President and General Manager of Terrestrial Network Business, and Daaman Hejmadi as Vice President and General Manager of Wholesale Consumer Business, strengthening the leadership team.
Technological Breakthrough at Mobile World Congress
Demonstrated XCOM RAN technology using n53 spectrum, achieving speeds of 400 megabits per second and showcasing advancements in robotics, autonomous vehicles, and augmented reality.
Partnership with MDA Space
Signed a C$1.1 billion contract with MDA Space to build more than 50 satellites for Globalstar's next-generation LEO constellation, marking a significant milestone for the company's extended MSS network plans.
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GSAT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GSAT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 08, 2025 | $20.19 | $17.58 | -12.93% |
| Feb 27, 2025 | $21.56 | $21.59 | +0.14% |
| Nov 07, 2024 | $27.75 | $29.70 | +7.03% |
| Aug 08, 2024 | $16.35 | $18.00 | +10.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Globalstar (GSAT) report earnings?
Globalstar (GSAT) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Globalstar (GSAT) earnings time?
Globalstar (GSAT) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GSAT EPS forecast?
GSAT EPS forecast for the fiscal quarter 2025 (Q2) is -0.04.
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