GSAT Q3 DEEP DIVE: COMMERCIAL IOT AND INFRASTRUCTURE EXPANSION DRIVE RESULTS
https://s.yimg.com/ny/api/res/1.2/OpFEWhpqx1SA2grW.x_pmg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02MDA-/https://media.zenfs.com/en/stockstory_922/f172144c3c6656246c0a2fea93ab1b67
✍️ Globalstar, a satellite communications provider, reported strong Q3 CY2025 earnings, beating revenue and EPS estimates, driven by growth in wholesale capacity services and IoT device adoption.
👉 Revenue: $73.85 million vs analyst estimates of $68.94 million (2.1% year-on-year growth, 7.1% beat) 👉 EPS (GAAP): -$0.01 vs analyst estimates of -$0.03 ($0.02 beat) 👉 Adjusted EBITDA: $37.57 million vs analyst estimates of $36.06 million (50.9% margin, 4.2% beat) 👉 Operating Margin: 13.9%, in line with the same quarter last year
-- #RebeccaClary #PaulJacobs #business
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