8-KEarnings & ResultsExhibits & Filings

Globalstar, Inc. 8-K Report, Financial Results (Aug 2, 2018)

Filed August 2, 2018For Securities:GSAT

Summary

Globalstar, Inc. (GSAT) filed an 8-K on August 2, 2018, to report its second quarter 2018 financial results via a press release. While the filing itself does not contain the detailed financial figures, it serves as notification that the company is disclosing its performance for the period. Investors should refer to the furnished press release (Exhibit 99.1) for the specific operational and financial data. The company also announced an investor teleconference scheduled for the same day to discuss these second quarter results. The webcast of this call will be available on Globalstar's investor relations website. This reporting indicates a standard disclosure process, and the market will be looking for key metrics and management commentary from the earnings release and webcast to assess the company's progress and outlook.

Key Highlights

  • 1Globalstar announced its second quarter 2018 financial results on August 2, 2018, via an 8-K filing.
  • 2The press release containing the detailed financial results is furnished as Exhibit 99.1 to the 8-K.
  • 3A teleconference for investors to discuss the Q2 2018 results was scheduled for August 2, 2018.
  • 4The investor teleconference was webcast on the company's investor relations website.
  • 5The filing serves as a notification of results disclosure and provides access to the earnings release and webcast.
  • 6Information furnished under Item 2.02 is not considered 'filed' for certain legal purposes but is made available to investors.

Frequently Asked Questions

The detailed financial results for Globalstar's second quarter 2018 are available in the press release furnished as Exhibit 99.1 to the Form 8-K filed on August 2, 2018. Investors should review this exhibit for specific figures and commentary.

This 8-K filing primarily serves to formally announce and provide access to Globalstar's Q2 2018 earnings release and related investor teleconference. It indicates the company is making its financial performance information public.

The information furnished under Item 2.02 of this Current Report on Form 8-K, including the press release, is furnished and shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, unless expressly incorporated by reference into a specific filing.

The investor teleconference was scheduled to allow management to discuss the second quarter 2018 financial results in more detail and to answer investor questions. The webcast provides an opportunity for investors to listen in on these discussions.