GlobalStar (GSAT) Reports In-Line Q4 EPS
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Globalstar Announces 2015 Fourth Quarter and Annual Results
February 25, 2016 4:15 PM ESTCOVINGTON, La., Feb. 25, 2016 (GLOBE NEWSWIRE) -- Globalstar, Inc. (NYSE: GSAT) today announced its financial and operating results for the fourth quarter and year ended December 31, 2015.
Jay Monroe, Chairman and CEO of Globalstar, commented, Throughout 2015, including through the fourth quarter of the year, we remained focused on executing our operational initiatives and continuing to drive our regulatory proceeding. We added nearly 50,000 subscribers on our network last year, including 26,000 SPOT subscribers. In the fourth quarter, Duplex gross additions increased 29% from the last quarter of 2014 as we focused on an expanded international presence and... More
