Globalstar Inc. has risen more than 21% in the last five trading days and over 37% in the last month. The company's revenue for the third quarter was $73.8 million, exceeding analysts' expectations of $68.8 million; the loss per share was $0.01, lower than analysts' expectations of $0.018. The company maintains its full-year revenue guidance between $260 million and $285 million, with analysts expecting $265 million
Globalstar Inc. maintains an increase of about 18%, having risen over 21% in the last five trading days and over 37% in the last month.
The company's revenue for the third quarter was $73.8 million, while analysts expected $68.8 million.
The loss per share for the third quarter was $0.01, with analysts expecting a loss of $0.018.
The overall revenue forecast for the year remains unchanged at $260 million to $285 million, with analysts expecting $265 million