GlobalStar (GSAT) Reports Q2 results; offers outlook
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Price: $80.41 +0.50%
Financial Fact:
Cost of subscriber equipment sales: 2.41M
Today's EPS Names:
DTGI, CRMT, MAYS, More
Financial Fact:
Cost of subscriber equipment sales: 2.41M
Today's EPS Names:
DTGI, CRMT, MAYS, More
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(Updated - August 3, 2023 8:36 AM EDT)
GlobalStar (NYSE: GSAT) reported Q2 Revenue for the quarter at $55.07 million.
GUIDANCE:
Total revenue between $200 million and $230 million, which would represent an increase of approximately 35% to 55% over 2022 total revenue; Adjusted EBITDA margin of approximately 55%, compared to 39% in 2022.
For earnings history and earnings-related data on GlobalStar (GSAT) click here.
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