Skip to main content

Globalstar (GSAT) Reports Q3: Everything You Need To Know Ahead Of Earnings

GSAT Cover Image

Satellite communications provider Globalstar (NASDAQ: GSAT) will be announcing earnings results this Thursday afternoon. Here’s what to expect.

Globalstar beat analysts’ revenue expectations by 6.4% last quarter, reporting revenues of $67.15 million, up 11.2% year on year. It was an incredible quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ revenue estimates.

Is Globalstar a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Globalstar’s revenue to decline 4.7% year on year to $68.94 million, a reversal from the 25.4% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.03 per share.

Globalstar Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Globalstar has only missed Wall Street’s revenue estimates once since going public and has exceeded top-line expectations by 0.2% on average.

Looking at Globalstar’s peers in the telecommunication services segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Iridium delivered year-on-year revenue growth of 6.7%, beating analysts’ expectations by 1.7%, and Lumen reported a revenue decline of 4.2%, topping estimates by 0.9%. Iridium traded down 8% following the results while Lumen’s stock price was unchanged.

Read our full analysis of Iridium’s results here and Lumen’s results here.

Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the telecommunication services stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.4% on average over the last month. Globalstar is up 3.6% during the same time and is heading into earnings with an average analyst price target of $60 (compared to the current share price of $46.34).

The biggest winners—Microsoft, Alphabet, Coca-Cola, Monster Beverage—were all riding powerful megatrends before Wall Street caught on. We’ve just identified an under-the-radar profitable growth stock positioned at the center of the AI boom. Get it FREE here before the crowd discovers it. GO HERE NOW.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

Recent Quotes

View More
Symbol Price Change (%)
AMZN  249.32
+0.00 (0.00%)
AAPL  270.04
+0.00 (0.00%)
AMD  250.05
+0.00 (0.00%)
BAC  53.54
+0.00 (0.00%)
GOOG  278.06
+0.00 (0.00%)
META  627.32
+0.00 (0.00%)
MSFT  514.33
+0.00 (0.00%)
NVDA  198.69
+0.00 (0.00%)
ORCL  248.17
+0.00 (0.00%)
TSLA  444.26
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.