Globalstar, Inc. (GSAT): A Bull Case Theory

We came across a bullish thesis on Globalstar, Inc. (GSAT) on wallstreetbets Subreddit Page by tke248. In this article, we will summarize the bulls’ thesis on GSAT. Globalstar, Inc. (GSAT)'s share was trading at $1.85 as of Nov 7^th.

Globalstar’s Q3 earnings report highlights a strong performance, showcasing significant revenue growth and operational achievements. The company reported $72.3 million in revenue, exceeding estimates by 19.5% and driven largely by high-margin wholesale capacity services, positioning Globalstar for continued expansion. Adjusted EBITDA increased 34%...