
GSAT
Globalstar Soars to New Heights: Record Revenue and EBITDA Mark 2024 Q4
Globalstar, a leading provider of satellite-based communication services, has reported record-breaking financial results in its fourth quarter of 2024. The company's total revenue increased by 17% to $61.2 million compared to the prior year period, with service revenue rising by 18%, driven primarily by wholesale capacity revenue.