- Globalstar press release (NYSE:GSAT): Q4 GAAP EPS of $0.00 beats by $0.01.
- Revenue of $41.31M (+19.8% Y/Y) beats by $2.56M.
- Adjusted EBITDA increased 48% to $18.3 million for the fourth quarter of 2022 from $12.4 million for the same period in 2021.
- Cash and cash equivalents were $32.1 million as of December 31, 2022 compared to $14.3 million as of December 31, 2021.
- The total carrying amount of our debt and vendor financing outstanding was $191.9 million at December 31, 2022, compared to $237.9 at December 31, 2021.
- Shares +2.34% PM.