Globalstar Inc. (GSAT) reported Loss for its fourth quarter of -$50.22 million
The company's bottom line totaled -$50.22 million, or -$0.42 per share. This compares with -$15.08 million, or -$0.14 per share, last year.
The company's revenue for the period rose 16.7% to $61.18 million from $52.41 million last year.
Globalstar Inc. earnings at a glance (GAAP) :
-Earnings: -$50.22 Mln. vs. -$15.08 Mln. last year.
-EPS: -$0.42 vs. -$0.14 last year.
-Revenue: $61.18 Mln vs. $52.41 Mln last year.
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