Apple's Satellite Connectivity Provider Globalstar's Q2 Revenue Grows 10% On Wholesale Capacity Surge, Hikes FY24 Outlook
Apple's Satellite Connectivity Provider Globalstar's Q2 Revenue Grows 10% On Wholesale Capacity Surge, Hikes FY24 Outlook
Globalstar, Inc (NYSE: GSAT) reported fiscal second-quarter 2024 sales growth of 10% year-on-year to $60.4 million, beating the analyst consensus estimate of $57.2 million. Revenue jumped on increases in service revenue.
全球之星公司（纽约证券交易所代码：GSAT）报告称，2024财年第二季度的销售额同比增长10％，达到6,040万美元，超过了分析师共识估计的5,720万美元。随着服务收入的增加，收入猛增。
The Apple Inc (NASDAQ:AAPL) mobile satellite connectivity provider's EPS loss for the quarter was $(0.01), compared with the consensus of $0.00. The stock price gained after the results.
苹果公司（纳斯达克股票代码：AAPL）移动卫星连接提供商本季度每股亏损为0.01美元（0.01美元），而市场普遍的亏损为0.00美元。业绩公布后，股价上涨。
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Adjusted EBITDA was $32.6 million in the quarter, an increase of 20% year over year primarily due to an increase in high-margin service revenue.
本季度调整后的息税折旧摊销前利润为3,260万美元，同比增长20％，这主要是由于高利润服务收入的增加。
The loss from operations was $(1.4) million versus an income from operations of $2.6 million Y/Y.
运营亏损为140万美元，而运营收入同比为260万美元。
Net loss was $(9.7) million in the quarter, compared to a net income of less than $0.1 million a year ago.
本季度净亏损为970万美元，而去年同期的净收入不到10万美元。
GSAT held cash and equivalents of $64.3 million as of June 30, 2024.
截至2024年6月30日，GSat持有6,430万美元的现金及等价物。
"Globalstar reported record revenue during the second quarter, driven primarily by growth in wholesale capacity services and other recent business initiatives. The high-margin nature of this revenue contributed to a 20% increase in Adjusted EBITDA and an increase in cash on hand to $64 million as of June 30, 2024," commented Rebecca Clary, Chief Financial Officer.
“Globalstar报告了第二季度创纪录的收入，这主要是由批发产能服务的增长和最近的其他业务举措推动的。截至2024年6月30日，该收入的高利润率使调整后的息税折旧摊销前利润增长了20％，手头现金增加至6400万美元。” 首席财务官丽贝卡·克拉里评论道。
FY24 Outlook: Globalstar expects revenue of $235 million–$250 million (prior $225 million–$250 million) against the consensus of $237.5 million.
24财年展望：Globalstar预计收入为2.35亿美元至2.5亿美元（之前为2.25亿美元至2.5亿美元），而市场普遍预期为2.375亿美元。
It expects adjusted EBITDA margin of approximately 53% (prior approximately 50%).
该公司预计调整后的息税折旧摊销前利润率约为53％（之前约为50％）。
Price Action: GSAT shares are trading higher by 7.34% at $1.17 at the last check Thursday.
价格走势：在周四的最后一次支票中，GSat股价上涨7.34％，至1.17美元。
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