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Globalstar Inc. Message Board

  • bsmithflex bsmithflex Mar 5, 2013 11:31 AM Flag

    GSAT- Earnings Release Next Week

    I emailed GSAT investor relation's earlier this morning to inquire when they would release their quartering earnings report. Yahoo business has it as Monday, March 11. Jody Burfening from GSAT returned my email with the following, "Globalstar will report Q4 earnings next week and we will issue a conference call advisory detailing the date, time and dial in information beforehand."

    I also inquired about my concern regarding their latest "Puts" press release and she responded, "I expect management will address the company’s capital structure on the Q4 earnings call just as they did on the Q3 call".

    The past year of so, I haven't been that impressed with GSAT's management of strategic monies capitalization. However, I have renewed hope with there "Wi-Fi Super Highway Spectrum Strategy"; hopefully the FCC with give the okay soon.

    Best luck to all!

    Sentiment: Hold

1.14-0.07(-5.79%)Feb 5 4:00 PMEST