BRIEF-Globalstar Q1 Net Income USD -17.42 Million

Globalstar, Inc.

Globalstar, Inc.

GSAT

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May 07 (Reuters) - Globalstar Q1 operating income USD 8.17 million.

  • Q1 pretax profit USD -15.823 million
  • Q1 operating expenses USD 61.894 million
  • Q1 EBITDA USD 24.99 million
  • Q1 adjusted EBITDA USD 33.492 million vs. IBES estimate USD 34.3 million
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