NASDAQ$GSAT
Globalstar · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Globalstar's Q4 2019 financial performance remained relatively stable compared to the previous year, with growth in Commercial IoT offsetting declines in other areas such as Duplex and SPOT services. The company refinanced its capital structure and is focused on capitalizing on IoT growth opportunities and terrestrial spectrum development.
Globalstar reported Q4 2019 total revenue of $31.835 million, essentially flat compared to Q4 2018. The net loss for the quarter was $37.747 million, a significant decrease from the $96.453 million loss in the same period of 2018, primarily due to changes in non-cash derivative valuation adjustments. Adjusted EBITDA increased slightly to $9.798 million.
- Total revenue remained flat, with subscriber equipment sales increase offsetting a service revenue decrease.
- Commercial IoT service revenue increased by 22%, driven by subscriber growth and higher ARPU.
- Net loss decreased significantly due to non-cash derivative valuation adjustments.
- Adjusted EBITDA increased slightly due to higher revenue offset by increased operating expenses.
Headline financials
Revenue & EPS history
Globalstar · Revenue · Quarterly
$31.8M
Revenue by segment
Globalstar · $26.1M total across 3 segments · Q4 2019
- SPOT$12.3M-2.5%47.0%
- Duplex$9.41M-6.7%36.1%
- Commercial IoT$4.4M+21.7%16.9%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
-0.3%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+4.8%
Avg return
30 days after
52%
34 / 65 earnings
Positive
+24.0%
Q4 2021
Best reaction
-18.0%
Q3 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | +0.8% | -0.6% | |
| Q4 2025 | +7.5% | +5.9% | +10.9% | |
| Q3 2025 | +4.6% | +33.4% | +41.9% | |
| Q1 2025 | -12.9% | -7.6% | -1.4% | |
| Q4 2024 | +0.1% | +7.1% | -1.3% | |
| Q3 2024 | +6.5% | +2.2% | +18.8% | |
| Q2 2024 | +7.3% | +11.0% | +14.7% | |
| Q1 2024 | -6.2% | -9.3% | -15.5% | |
| Q4 2023 | -10.3% | -20.1% | -15.5% | |
| Q3 2023 | +1.4% | -2.9% | +10.7% | |
| Q2 2023 | +5.4% | +11.6% | +32.1% | |
| Q1 2023 | -0.8% | +8.5% | +25.5% | |
| Q4 2022 | -7.0% | -9.4% | -9.4% | |
| Q3 2022 | -6.5% | -10.6% | -13.8% | |
| Q2 2022 | +2.5% | -3.1% | +26.7% | |
| Q1 2022 | -7.4% | -12.4% | +9.9% | |
| Q4 2021 | +24.0% | +25.0% | +53.1% | |
| Q3 2021 | +1.2% | +5.5% | -20.0% | |
| Q2 2021 | +7.0% | +10.1% | +70.5% | |
| Q1 2021 | -8.3% | -8.3% | -2.5% | |
| Q4 2020 | -16.6% | -18.3% | -17.8% | |
| Q3 2020 | +9.7% | +10.0% | +10.0% | |
| Q2 2020 | -3.5% | +0.0% | -18.4% | |
| Q1 2020 | +4.1% | -3.2% | +12.9% | |
| Q4 2019 | -13.0% | -6.4% | -27.7% | |
| Q3 2019 | -2.2% | -2.5% | +0.0% | |
| Q2 2019 | -3.2% | -7.1% | -11.9% | |
| Q1 2019 | +6.8% | +15.1% | +5.7% | |
| Q4 2018 | -7.1% | -10.0% | -14.0% | |
| Q3 2018 | +9.2% | +2.9% | +11.4% | |
| Q2 2018 | -14.5% | -3.6% | -7.3% | |
| Q1 2018 | +10.2% | +10.0% | -15.0% | |
| Q4 2017 | -0.7% | +3.3% | -23.9% | |
| Q3 2017 | +1.8% | -1.2% | -4.8% | |
| Q2 2017 | +2.6% | +7.9% | +5.8% | |
| Q1 2017 | -1.1% | +3.9% | +14.4% | |
| Q4 2016 | -3.5% | -4.2% | +14.7% | |
| Q3 2016 | -5.8% | +12.5% | -8.0% | |
| Q2 2016 | +1.7% | +1.7% | +26.3% | |
| Q1 2016 | -12.0% | — | — | |
| Q4 2015 | +3.9% | — | — | |
| Q3 2015 | +5.5% | — | — | |
| Q2 2015 | +2.1% | — | — | |
| Q1 2015 | -2.5% | — | — | |
| Q4 2014 | +0.8% | — | — | |
| Q3 2014 | +5.6% | — | — | |
| Q2 2014 | +0.3% | — | — | |
| Q1 2014 | +3.4% | — | — | |
| Q4 2013 | -0.8% | — | — | |
| Q3 2013 | +6.1% | — | — | |
| Q2 2013 | +1.6% | — | — | |
| Q1 2013 | +6.1% | — | — | |
| Q1 2010 | -2.9% | — | — | |
| Q4 2012 | +1.4% | — | — | |
| Q3 2012 | -12.5% | — | — | |
| Q1 2011 | -6.4% | — | — | |
| Q2 2012 | +4.9% | — | — | |
| Q1 2012 | +16.3% | — | — | |
| Q2 2011 | -6.3% | — | — | |
| Q4 2009 | -6.3% | — | — | |
| Q4 2011 | -6.3% | — | — | |
| Q3 2010 | -18.0% | — | — | |
| Q3 2011 | -18.0% | — | — | |
| Q4 2010 | +16.7% | — | — | |
| Q2 2010 | +16.7% | — | — |
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