Recent 8-K filings for GSAT

• May 7, 2026, 7:59 PM ET earnings materiality 0.95 positive item 2.02item 9.01 ◈ Earnings Releases

  Globalstar Q1 revenue $70.1M (+17% YoY); announces merger with Amazon at $90/share

  Q1 2026 revenue $70.1M (+17% YoY); service revenue $66.7M, equipment sales $3.4M.

• April 14, 2026, 7:59 PM ET M&A materiality 1.00 positive item 1.01item 2.03item 7.01item 9.01 ◈ Material Agreements

  Globalstar enters merger agreement with Amazon; stockholders to receive $90/share cash or Amazon stock

  Consideration: $90.00 per share cash (subject to adjustment capped at $110M) or Amazon common stock with variable exchange ratio based on Amazon's VWAP.

• February 27, 2026, 6:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01

  Globalstar reports record FY2025 revenue of $273M, net loss narrows to $8.7M

  Full year revenue $273.0M (+9% YoY); service revenue $257.3M, equipment sales $15.7M.

• November 6, 2025, 6:59 PM ET earnings materiality 0.70 neutral item 2.02item 9.01

  Globalstar Q3 2025 revenue record $73.8M, net income falls to $1.1M

  Total revenue $73.8M (record), service revenue $69.6M, equipment sales $4.2M; YoY service revenue up $0.7M.

• August 7, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Globalstar Q2 revenue $67.1M (+11% YoY), net income $19.2M, reaffirms FY guidance

  Revenue $67.1M, up 11% YoY; service revenue $63.2M, equipment sales $3.9M.

• May 8, 2025, 7:59 PM ET earnings materiality 0.60 neutral item 2.02item 9.01

  Globalstar Q1 revenue $60M (+6%), net loss $17.3M; reiterates FY 2025 guidance

  Q1 2025 revenue $60.0M (+6% YoY); net loss $17.3M vs $13.2M loss in Q1 2024.

• February 27, 2025, 6:59 PM ET earnings materiality 0.85 positive item 2.02item 9.01

  Globalstar reports record FY2024 revenue $250.3M (+12% YoY); adj EBITDA record $135.3M

  Full year service revenue rose 16% to $237.7M; Commercial IoT service revenue up 15% YoY.

• February 7, 2025, 6:59 PM ET other material materiality 0.65 positive item 3.03item 5.03item 8.01item 9.01

  Globalstar to implement 1-for-15 reverse stock split and transfer listing to Nasdaq on Feb 11, 2025

  Reverse stock split at 1-for-15 ratio effective Feb 10, 2025 at 5:30 PM ET; no fractional shares, rounding up.

• December 19, 2024, 6:59 PM ET other material materiality 0.60 neutral item 5.07

  Shareholders approve reverse stock split (1:10 to 1:25) and proportional authorized share reduction

  Holders of ~58% of shares (1,099,945,953 shares) approved charter amendments via written consent.

• December 12, 2024, 6:59 PM ET other material materiality 0.60 neutral item 7.01item 9.01

  Globalstar holds investor day; reaffirms FY2024 guidance, introduces FY2025 guidance

  Company hosted analyst and investor day on Dec 12, 2024 with executive presentations on strategic initiatives and growth opportunities.

• November 7, 2024, 6:59 PM ET debt materiality 0.70 positive item 8.01

  Globalstar consummates payoff of 13% Notes and issues 400K Class B Units of subsidiary

  Conditions precedent satisfied as of Nov 5, 2024; transactions completed.

• November 7, 2024, 6:59 PM ET earnings materiality 0.85 positive item 2.02item 9.01

  Globalstar Q3 revenue up 25% to $72.3M; net income $9.9M; raises FY guidance

  Q3 revenue $72.3M (+25% YoY); service revenue $68.9M, driven by wholesale capacity including $7.5M out-of-period bonus.

• November 1, 2024, 7:59 PM ET other material materiality 0.90 positive item 1.01item 2.03item 1.02item 3.02item 7.01

  Globalstar enters $1.5B Apple deal for new satellite network; doubles revenue outlook

  Apple to prepay up to $1.1B for infrastructure and buy 20% equity stake in Globalstar SPE for $400M.

• August 8, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Globalstar Q2 revenue $60.4M, raises FY2024 outlook; Adj. EBITDA up 20%

  Total revenue $60.4M (+10% YoY); service revenue up 18% on wholesale capacity growth.

• May 8, 2024, 7:59 PM ET earnings materiality 0.65 neutral item 2.02item 9.01 ◈ Earnings Releases

  Globalstar Q1 2024 net loss $13.2M, Adj EBITDA $29.6M; reiterates FY revenue $225M-$250M

  Service revenue up $0.5M YoY; excluding nonrecurring items, up 7% YoY. Subscriber equipment sales down $2.7M vs record prior-year quarter.

• February 28, 2024, 6:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01 ◈ Earnings Releases

  Globalstar reports record 2023 revenue of $224M; guides 2024 rev $225-250M

  Q4 revenue $52.4M (+27% YoY); Q4 net loss $15.1M vs $5.3M loss in prior year quarter.

Earnings & guidance

Materiality & sentiment trend

Max materiality 1.00 · Median 0.70 · Most common event earnings

11 positive 1 negative 9 neutral

source · GSAT on sec.gov