Globalstar: Q1 Earnings Snapshot

Published: 2026-05-07 17:17:14 ET GSAT

Published on 05/07/2026 at 05:17 pm EDT

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.

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