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Globalstar, Inc. (GSAT) CEO Jay Monroe on Q2 2018 Results - Earnings Call Transcript

Aug. 03, 2018 11:11 PM ETGlobalstar, Inc. (GSAT)
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Globalstar, Inc. (NYSE:GSAT) Q2 2018 Results Earnings Conference Call August 2, 2018 5:00 PM ET


Kathryn Singer - IR

Jay Monroe - Chairman and CEO

Rebecca Clary - VP and CFO


Simon Flannery - Morgan Stanley

Jason Bernstein - Cantor

John Petrozzi - Muller Road Capital


Hello and welcome to Globalstar Incorporated Second Quarter 2018 Earnings Conference Call. My name is Michelle, and I will be your operator for today’s conference. At this time all participants are in a listen only mode. Later we will conduct a question and answer session. [Operator Instructions] Please note that today’s conference is being recorded.

I will now turn the call over to Ms. Kathryn Singer. Ma’am, you may begin.

Kathryn Singer

Thank you, operator. Good afternoon, everyone. Thank you for joining us for today’s conference call to discuss Globalstar’s three month results for the period ended June 30, 2018. Before we begin, please note the following. This call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Factors that could cause results to differ materially are described in the safe harbor section of recent press releases and in Globalstar’s SEC filings, including its annual report on Form 10-K and quarterly reports on Form 10-Q.

In order to provide investors additional information, the press release and this conference call include discussions of certain non-GAAP financial measures. The press release provides a reconciliation of each of these non-GAAP measures to the most comparable GAAP measures in accordance with SEC rules.

Please note that the information in this call is accurate only as of today, Thursday, August 2, 2018. The second quarter 2018 press release that was issued this afternoon, which contains certain financial information is available on the company website at www.globalstar.com and has been submitted to the SEC on

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