GSAT

AST SpaceMobile, Inc. ASTS reported soft first-quarter 2026 results. Adjusted earnings and revenues both fell short of the Zacks Consensus Estimate. Net loss in the reported quarter was $191 million or a loss of 66 cents per share, wider than the Zacks Consensus Estimate of a loss of 23 cents. Quarterly revenues increased to $14.7 million from $0.72 million in the year-ago quarter. However, it fell short of the Zacks Consensus Estimate of $38.2 million. ASTS is building a global satellite broadband constellation. This is a highly capital-intensive venture. As of March 31, 2026, the company has disclosed approximately $1.8 billion of gross capitalized property and equipment costs. Bluebird satellite development, launch payments, manufacturing facilities, ground infrastructure, assembly and test equipment require substantial investment continuously. In large-scale operations such as ASTS, execution risk remains a major concern for investors. The company has to simultaneously execute satellite manufacturing, telecom integration, regulatory approvals and eventually commercial activation. Recently, AST SpaceMobile announced that BlueBird 7 was placed into a lower-than-planned orbit during the New Glenn 3 mission. Although the satellite successfully separated from the launch vehicle and powered on, the company stated that the altitude was insufficient to sustain operations, and the satellite is expected to de-orbit. Such incidents highlight the execution risks more clearly. It is to be noted that although ASTS has demonstrated technology success, large-scale consumer adoption, pricing models, carrier monetization and long-term economics are still unproven. Investors are pricing on ASTS’ large-scale monetization, the company’s growing prowess in direct-to-cell technology. However, high dependence on telecom partners, regulatory complexities and scaling the ground infrastructure will be a complex endeavor. Competition in direct-to-device satellite communications is increasing rapidly. Existing and new industry leaders like SpaceX’s Starlink, Viasat, Inc. VSAT and Globalstar, Inc. GSAT are also expanding their satcom infrastructure. Hence, to combat such competitive pressure, ASTS has to continuously customize its network offerings and invest heavily in network expansion, which can increase operating costs and reduce margins. AST SpaceMobile is targeting one of the l...

Globalstar, Inc. (NASDAQ:GSAT) last week reported its latest quarterly results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. It was a pretty bad result overall; while revenues were in line with expectations at US$70m, statutory losses exploded to US$0.16 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Globalstar after the latest results. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Taking into account the latest results, the consensus forecast from Globalstar's three analysts is for revenues of US$298.8m in 2026. This reflects a credible 5.6% improvement in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 20% to US$0.12. Before this earnings announcement, the analysts had been modelling revenues of US$296.2m and losses of US$0.05 per share in 2026. While this year's revenue estimates held steady, there was also a considerable increase to loss per share expectations, suggesting the consensus has a bit of a mixed view on the stock. See our latest analysis for Globalstar Despite expectations of heavier losses next year,the analysts have lifted their price target 5.9% to US$90.00, perhaps implying these losses are not expected to be recurring over the long term. Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's pretty clear that there is an expectation that Globalstar's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 7.5% growth on an annualised basis. This is compared to a historical growth rate of 19% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.8% annually. Even after the forecast slowdown in growth, it seems obvious...

Generated first quarter 2026 revenue of $70.1 million, a 17% increase from the prior year's first quarter, bolstered by higher wholesale capacity services revenue Announced entry into definitive merger agreement with Amazon Advanced satellite constellation roadmap with two planned launches during 2026 and further development of next-generation satellites Received further regulatory clarity from the Federal Communications Commission's ("FCC") Space Bureau reaffirming Globalstar’s exclusive MSS operating rights in the Big LEO spectrum band COVINGTON, La., May 07, 2026--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) ("Globalstar" or the "Company") today announced its financial results for the first quarter ended March 31, 2026. "We delivered strong operational and financial results in the first quarter, continuing the momentum we built entering 2026," said Dr. Paul E. Jacobs, CEO of Globalstar. "Demand is growing across our government, defense, and private wireless businesses, reflecting the market's need for scalable, integrated solutions across both satellite and terrestrial based connectivity. Subsequent to the quarter end, we announced our entry into a merger agreement with Amazon, which we believe marks a significant milestone — one that validates the long-term strategy Globalstar has pursued for more than 30 years and positions us to deliver on the vision of connecting users and devices anywhere and anytime. Finally, Globalstar greatly appreciates the recent decision of the FCC’s Space Bureau regarding the exclusive nature of our licensed MSS spectrum." RECENT OPERATIONAL HIGHLIGHTS Pending Mergers with Amazon.com, Inc.: On April 13, 2026, the Company entered into an Agreement and Plan of Merger (the "Merger Agreement") with Amazon.com, Inc. ("Amazon"), pursuant to which Amazon intends to acquire the Company, subject to the satisfaction of certain conditions (collectively, the "Mergers"). Globalstar satellites, radio frequency spectrum, and operational expertise will enable Amazon Leo to add direct-to-device services to future generations of its low Earth orbit satellite network. Globalstar stockholders will elect to receive for each share of Globalstar common stock they own either (i) $90.00 in cash or (ii) 0.3210 shares of Amazon common stock with a value capped at $90.00 per share. This consideration is subject to a proration mechanism that caps aggr...

COVINGTON, La. (AP) — COVINGTON, La. (AP) — Globalstar Inc. (GSAT) on Thursday reported a loss of $20 million in its first quarter. On a per-share basis, the Covington, Louisiana-based company said it had a loss of 16 cents. The satellite communications company posted revenue of $70.1 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSAT at https://www.zacks.com/ap/GSAT

AST SpaceMobile ASTS is scheduled to report first-quarter 2026 earnings on May 11, 2026, after market closes. The Zacks Consensus Estimate for revenues and earnings is pegged at $38.24 million and a loss of 23 cents per share, respectively. Over the past 60 days, the earnings estimate for ASTS for fiscal 2026 has increased 1%. Image Source: Zacks Investment Research The company delivered a negative four-quarter earnings surprise of 81.97%, on average. In the last reported quarter, the company delivered a negative earnings surprise of 44.44%. Image Source: Zacks Investment Research Our proven model predicts a likely earnings beat for ASTS this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is exactly the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. ASTS currently has an ESP of +20.59% with a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here. During the quarter, ASTS announced that it had been selected as a prime contractor under the U.S. Missile Defense Agency’s SHIELD program. This repositions the company from a commercial satellite-to-phone connectivity to a major player in the U.S. defense and national security ecosystem. AST’s satellite architecture can have potential use cases in military communications, command-and-control systems, surveillance and other applications. A 95% vertical integration and manufacturing process under U.S.-controlled headquarters in Texas makes ASTS a secure and trustworthy partner for the U.S. defense industry. In the quarter under review, the company secured a $30 million contract from the United States Space Development Agency (SDA) for the Europa Track 2 Commercial Solutions program. The company will integrate its commercial satellite infrastructure with existing tactical military radios to support direct satellite connectivity between government end devices. DoD aims to develop a scalable, resilient space-based defense communication architecture. This presents a solid growth opportunity for ASTS. These factors are expected to be reflected in the upcoming quarterly results. However, the direct-to-device satellite market is becoming crowded. The company faces competition from existing and new industry leaders like Space...

Amazon reported $181.5 billion in revenue, up 17% year-over-year, with operating income of $23.9 billion and a record 13.1% operating margin. AWS continues to accelerate—Q1 revenue was $37.6 billion (+28% YoY) with a $150 billion annualized run rate and AI-related services driving rapid adoption and a >$15 billion AI revenue run rate. Amazon is investing heavily in custom silicon, data‑center capacity, and satellites: Q1 cash capex was $43.2 billion, the chips business has a >$20 billion run rate with Trainium largely sold out, and the Amazon Leo satellite rollout (including a planned Globalstar deal) is moving toward commercial launch. Interested in Amazon.com, Inc.? Here are five stocks we like better. Is Oracle Undervalued as Cloud Growth Accelerates? Amazon.com (NASDAQ:AMZN) executives highlighted accelerating growth in AWS, record operating margins, and continued heavy investment in AI infrastructure and satellites during the company’s first-quarter 2026 earnings call on April 29. CEO Andy Jassy said Amazon reported $181.5 billion in revenue, up 17% year-over-year. He added that excluding a $2.9 billion favorable foreign exchange impact, net sales increased 15%. Operating income was $23.9 billion. → Homebuilder Earnings: D.R. Horton Sticks Out as Pulte & NVR Sales Tank UPS Stock Reversal Is Backed by Institutions—And a 6% Yield CFO Brian Olsavsky said worldwide operating income of $23.9 billion translated to a 13.1% operating margin, which he called Amazon’s highest operating margin ever. Olsavsky also broke out segment performance: North America: $104.1 billion in revenue, up 12% year-over-year; operating income of $8.3 billion; operating margin of 7.9%. International: $39.8 billion in revenue, up 11% year-over-year excluding FX; operating income of $1.4 billion; operating margin of 3.6%. AWS: $37.6 billion in revenue, up 28% year-over-year; operating income of $14.2 billion. Jassy emphasized that AWS growth “continued to accelerate,” rising 28% year-over-year—the “fastest growth rate in 15 quarters.” He said AWS revenue increased by $2 billion quarter-over-quarter, which he described as the “largest Q4 to Q1 AWS revenue increase ever,” and pegged AWS at a $150 billion annualized revenue run rate. → Meta Platforms Earnings Preview: What to Watch in Q1 2026 Report 3 Stocks Leading the Charge in the Agentic AI Era Jassy said Amazon is seeing rapid adopti...

Iridium Communications reported Q1 earnings that missed consensus estimates while revenue edged by views. Iridium stock fell on the news.

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Globalstar (GSAT) caught investor attention after its share price climbed 11.5% in afternoon trading, coinciding with record financial results, an optimistic 2026 outlook, and sector momentum linked to SpaceX IPO headlines. See our latest analysis for Globalstar. Beyond the latest jump, Globalstar’s 1-day share price return of 10.3% sits within a broader pattern of positive momentum, with a 7-day share price return of 14.83% and a very large 1-year total shareholder return of 192.32% indicating strong recent enthusiasm that has built over time. If this kind of sector excitement has your attention, it can be useful to compare Globalstar with other space and communications names using a curated list of 33 robotics and automation stocks With Globalstar’s shares already up sharply and trading only about 3% below the average analyst price target, the key question now is simple: is there still a potential entry point here, or has the market already priced in future growth? According to the most followed narrative, Globalstar’s fair value of $3 sits far below the last close at $67.38, setting up a sharp valuation gap that stands out against the recent price move. Read the complete narrative. This narrative leans heavily on Apple’s backing, robust revenue assumptions, and a rich profit margin outlook. Want to see how those inputs combine to justify a fair value so far below today’s price and what growth profile DailyInvestors is baking in for GSAT over the coming years? Result: Fair Value of $3 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this story can break if Apple support does not translate into durable revenue or if current enthusiasm around GSAT’s recent share price performance cools quickly. Find out about the key risks to this Globalstar narrative. With sentiment this divided, it helps to look past headlines and test the numbers for yourself, then weigh them against the 2 key rewards If GSAT has you thinking bigger, do not stop here; broaden your watchlist with focused stock ideas that match your goals and risk comfort. Target potential mispricing by scanning for companies that combine quality fundamentals with attractive valuations...

Globalstar posted record 2025 revenue of $273 million (up 9%) and record Adjusted EBITDA of $136.1 million (50% margin), with net loss narrowed to $7.6 million, cash of $447.5 million, and $550.4 million in capital spending on replacement satellites and its extended MSS network. Management commercialized two-way satellite IoT and the RM200M module (now in mass production) and advanced XCOM RAN 5G work, while the C3 constellation cleared its Critical Design Review with the first launch expected in Q2 and a second launch later in the year. For 2026 Globalstar guided total revenue of $280–$305 million with an Adjusted EBITDA margin of ~50%, and reiterated its strategic focus on direct-to-device IoT rather than pursuing “data centers in space.” Interested in Globalstar, Inc.? Here are five stocks we like better. Globalstar: The Next Big Satellite Winner After Deal With Apple? Globalstar (NYSEAMERICAN:GSAT) reported fourth quarter and full-year 2025 results highlighted by record annual revenue, an improved operating result, and continued investment in next-generation satellite and terrestrial connectivity initiatives. Management emphasized progress in two-way satellite IoT capabilities, government and defense activity through partners, and ongoing infrastructure expansion tied to the company’s replacement satellites and extended mobile satellite services (MSS) network. Chief Financial Officer Rebecca Clary said total revenue for 2025 reached a record $273 million, up 9% from 2024 and “in line with our guidance,” marking the company’s fourth consecutive year of record revenue. Service revenue rose to $257.3 million, up 8%, driven primarily by increased wholesale capacity services. Subscriber equipment revenue increased to $15.7 million, up 24%, which Clary attributed to a higher volume of commercial IoT device sales. → The Head Fake: Buying the Chinese Stocks Post-Ruling Dip Globalstar generated income from operations of $7.4 million, compared with an operating loss of $0.9 million in 2024. Clary said the improvement reflected higher revenue, partially offset by higher operating expenses, including personnel costs tied to the next-generation infrastructure build-out, continued investment in XCOM RAN development, and increased legal and professional fees. Operating expenses also benefited from $3.9 million in employee retention credits under the CARES Act, allocate...

This article first appeared on GuruFocus. Total Revenue (2025): $273 million, a 9% increase over 2024. Service Revenue (2025): $257.3 million, up 8%. Subscriber Equipment Revenue (2025): $15.7 million, up 24%. Income from Operations (2025): $7.4 million, compared to a loss of $0.9 million in 2024. Net Loss (2025): $7.6 million, improved from $63.2 million in 2024. Adjusted EBITDA (2025): $136.1 million, representing a 50% margin. Q4 Total Revenue: $72 million. Q4 Service Revenue: $67.4 million, increased 17% year-over-year. Q4 Equipment Revenue: $4.6 million, increased 31% year-over-year. Q4 Loss from Operations: $0.4 million, improved from a $4.2 million loss in Q4 2024. Q4 Net Loss: $10.6 million, improved from $50.2 million in Q4 2024. Q4 Adjusted EBITDA: $32.4 million, up 7% from the prior year's quarter. Cash and Cash Equivalents (Year-end 2025): $447.5 million, up from $391.2 million in 2024. Operating Cash Flows (2025): $621.7 million. Capital Expenditures (2025): $550.4 million. Adjusted Free Cash Flow (2025): $171.5 million, up from $131.9 million in 2024. Principal Debt Balance (Year-end 2025): $410 million, down from $417.5 million in 2024. 2026 Revenue Guidance: $280 million to $305 million. 2026 Adjusted EBITDA Margin Guidance: Approximately 50%. Warning! GuruFocus has detected 5 Warning Signs with GSAT. Is GSAT fairly valued? Test your thesis with our free DCF calculator. Release Date: February 27, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Globalstar Inc (NASDAQ:GSAT) achieved record full-year revenue of $273 million in 2025, marking a 9% increase over 2024. The company reported a significant improvement in profitability, with income from operations reaching $7.4 million compared to a loss of $0.9 million in 2024. Adjusted EBITDA reached a record $136.1 million, representing a 50% margin, reflecting higher revenue and strategic investments. Globalstar Inc (NASDAQ:GSAT) successfully launched two-way satellite IoT capabilities, expanding its IoT portfolio and addressable market. The company made significant progress in infrastructure expansion, including the deployment of a new satellite constellation and expanded ground infrastructure. Despite improvements, Globalstar Inc (NASDAQ:GSAT) reported a net loss of $7.6 million for the year, although this was an improvement from a $63.2 mi...

Strong year-over-year growth demonstrates improved market position Increased full year 2025 revenue 9% to a record $273.0 million in line with guidance Launched two-way satellite IoT capabilities and completed the commercial rollout of the RM200M module, expanding Globalstar’s addressable markets Progressed global expansion of ground infrastructure to support launch of next-generation constellation Diversified market approach with key collaborations in government and defense COVINGTON, La., February 27, 2026--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) ("Globalstar" or the "Company") today announced its financial results for the fourth quarter and year ended December 31, 2025. Globalstar reported full year revenue of $273.0 million, representing a 9% increase from 2024, and lower net loss, delivering an Adjusted EBITDA* margin of 50%, reflecting disciplined execution and continued progress across its business. Both total revenue and Adjusted EBITDA margin were in line with guidance. "2025 was a transformational year for Globalstar," said Dr. Paul E. Jacobs, Globalstar's CEO. "We advanced our strategy across every dimension of the business: from global infrastructure expansion to product innovation and growing commercial adoption across government, enterprise, and industrial markets. We expanded our addressable markets and validated technologies that position us at the center of next-generation satellite and private wireless connectivity. Throughout the year, we have made significant progress with our satellite and ground station partners and are now poised to deploy not only the satellites to replenish our existing constellation but also extend our reach with our third-generation system." Dr. Jacobs continued, "As we enter 2026, we believe the momentum we have built gives us a strong foundation to scale. With replacement 2nd generation satellites rolling off the line, continued progress on key regulatory and network infrastructure initiatives, the commercial rollout of two-way IoT capabilities, and traction for XCOM RAN, we are moving decisively from groundwork to growth. We believe Globalstar is uniquely positioned to deliver differentiated connectivity solutions that combine satellite innovation, licensed spectrum, and proprietary wireless technology to meet the evolving needs of customers worldwide." 2025 OPERATIONAL HIGHLIGHTS Advanced Development o...

Image source: The Motley Fool. Feb. 27, 2026 at 9 a.m. ET Chief Financial Officer — Rebecca S. Clary Chief Executive Officer — Paul E. Jacobs Need a quote from a Motley Fool analyst? Email [email protected] Rebecca S. Clary: Thank you, operator, and good morning, everyone. Before we begin, please note that today's call contains forward-looking statements intended to fall within the safe harbor provided under the securities laws. Factors that could cause results to differ materially are described in the Risk Factors section of Globalstar, Inc.’s SEC filings, including its most recent Annual Report on Form 10-Ks and its other SEC filings, as well as today's earnings release. Also note that management may reference EBITDA, adjusted EBITDA, free cash flow, or adjusted free cash flow on this call, which are financial measures not recognized under U.S. GAAP. As required by SEC rules and regulations, these non-GAAP financial measures are reconciled to their most comparable GAAP financial measures in the earnings release, which is available on our website. Today, I will walk through our fourth quarter and full year 2025 financial results, then discuss liquidity and our 2026 guidance. Starting with the full year, total revenue reached a record $273,000,000, a 9% increase over 2024 and in line with our guidance. This marks our fourth consecutive year of record revenue. Service revenue was $257,300,000, up 8%, driven primarily by increased wholesale services. Subscriber equipment revenue was $15,700,000, up 24%, reflecting a higher volume of commercial IoT device sales. Turning to profitability, we generated income from operations of $7,400,000 compared to a loss of $900,000 in 2024. This improvement was due to higher revenue, as previously discussed, partially offset by increased operating expenses, including personnel costs to support our next-generation buildout, continued investment in XCOM RAN development, and higher legal and professional fees. During the year, operating expenses benefited from $3,900,000 in employee retention credits received under the CARES Act, which were allocated between cost of services and SG&A. Net loss improved to $7,600,000 from $63,200,000 in 2024. This improvement was due primarily to the prior year reflecting a non-recurring non-cash loss on extinguishment of debt related to the paydown of the 2023 13% notes. We also benefited from favorab...