Globalstar: Q2 Earnings Snapshot

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COVINGTON, La. (AP) — COVINGTON, La. (AP) — Globalstar Inc. (GSAT) on Thursday reported a loss of $2.6 million in its second quarter.

On a per-share basis, the Covington, Louisiana-based company said it had a loss of less than 1 cent.

The satellite communications company posted revenue of $55.1 million in the period.

Globalstar expects full-year revenue in the range of $200 million to $230 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSAT at https://www.zacks.com/ap/GSAT

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