Globalstar Inc (AMEX:GSAT)
$ 1.24 0.04 (3.33%) Market Cap: 2.34 Bil Enterprise Value: 2.63 Bil PE Ratio: 0 PB Ratio: 6.20 GF Score: 77/100
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Q1 2023 Globalstar Inc Earnings Call Transcript

May 05, 2023 / 01:00PM GMT
Release Date Price: $0.9985 (+6.52%)
Operator

Good day, and thank you for standing by. Welcome to the Globalstar First Quarter 2023 Earnings Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Jay Monroe.

James Monroe
Globalstar, Inc. - Executive Chairman

Good morning, everyone. Thanks for joining Globalstar's First Quarter 2023 Investor Call, which will consist of a very brief opening update, and then we will move directly to Q&A. Please note that today's call contains forward-looking statements intended to fall within the safe harbor provided under the securities laws. Factors could cause the results to differ materially are described in the forward-looking statements and Risk Factors section of Globalstar's SEC filings, including its annual report on Form 10-K for the financial year ended 2022, its 10-Q filed for the first quarter of 2023 and this week's earnings release.

As outlined in the release, Globalstar had record growth and revenue this quarter, led by an 80%

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