Investing.com - Globalstar Inc reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Globalstar Inc announced earnings per share of $-0.1100 on revenue of $37.63M. Analysts polled by Investing.com EPS of $-0.0100 on revenue of $32.33M.
Globalstar Inc 's are down 12% and is trading at $1.9700 , still down 26.17% from its 52 week high of $2.98 set on Wednesday, September 7, 2022.
Globalstar Inc follows other major Communication Services sector earnings this month
Globalstar Inc's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, for EPS of $1.93 on revenue of $27.57B.
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