![Globalstar, Inc. [GSAT] posts $256.92M profit as revenue rises 19.48% to $148.50M](/_next/image?url=http%3A%2F%2F10kinfo-appdata.s3.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FGSAT.png&w=3840&q=75)
Globalstar, Inc. [GSAT] posts $256.92M profit as revenue rises 19.48% to $148.50M
By USInMinutes
Published - Mar 03, 2023, 10:45 AM ET
Last Updated - Mar 06, 2023, 12:25 PM EST
| Net Sales: | $148.50M |
Globalstar, Inc. [GSAT] posted a profit of $256.92M, marking a rise of 328.12% for this year.
Revenue rose to $148.50M this year compared to $124.30M in the previous year.
According to the latest annual report the company has filed with the SEC, current earnings were $256.92M, up 328.12% from $-112.62M.
The company’s net sales for the period were $148.50M, up 19.48%. Net sales in the previous year were $124.30M.
