Globalstar, Inc. Earnings Release Notice

Rhea-AI Summary

Globalstar, Inc. (AMEX: GSAT) will release its Q1 2022 financial results and business update on May 5, 2022, after market close. The company, known for its pioneering SPOT Satellite GPS Messenger, utilizes a low-earth orbit (LEO) satellite constellation, enhancing safety and operational efficiency for users across 120 countries. Globalstar offers a range of satellite-powered solutions, including IoT products, GPS messengers, and cloud-based telematics, aimed at improving asset visibility and connectivity.

Positive

• Globalstar operates a low-earth orbit satellite constellation, enhancing global connectivity.
• The company serves over 120 countries, indicating a broad market reach.
• Q1 2022 results could potentially show growth in revenue from satellite-powered solutions.

Negative

• None.

COVINGTON, La.--(BUSINESS WIRE)-- Globalstar, Inc. (NYSE American: GSAT) will announce its first quarter 2022 financial results and business update on Thursday, May 5, 2022 after the market closes.

About Globalstar, Inc.

Globalstar pioneered personal safety by introducing its SPOT Satellite GPS Messenger in 2007. Today, leveraging its low-earth orbit (LEO) satellite constellation, Globalstar reliably connects and protects assets, transmits key operational data, and saves lives – from any location – for consumers, industrial companies and government agencies in over 120 countries. With a portfolio that includes SPOT GPS messengers, next-generation IoT products and modems, and cloud-based telematics solutions, Globalstar’s cost effective satellite-powered innovations give users visibility and intelligence for improving safety and operational efficiencies.

Note that all SPOT products described in this press release are the products of SPOT LLC, which is not affiliated in any manner with Spot Image of Toulouse, France or Spot Image Corporation of Chantilly, Virginia.

For more information, visit www.globalstar.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220502005799/en/

Investor Contact Information:

Denise Davila

investorrelations@globalstar.com

Source: Globalstar, Inc.

FAQ

When will Globalstar announce its Q1 2022 financial results?

Globalstar will announce its Q1 2022 financial results on May 5, 2022, after the market closes.

What is the stock symbol for Globalstar?

The stock symbol for Globalstar is GSAT.

What products does Globalstar offer?

Globalstar offers a range of products including SPOT GPS messengers and next-generation IoT devices.

How many countries does Globalstar operate in?

Globalstar operates in over 120 countries worldwide.

What technology does Globalstar utilize?

Globalstar utilizes a low-earth orbit (LEO) satellite constellation to provide connectivity.