Satellite communications provider Globalstar today reported a 50% year-over-year surge in full-year 2023 revenues to $224 million. Fourth-quarter revenues were $52.4 million, down 2.2% quarter over quarter but up 27% YoY. WHY IT MATTERS: Rebecca Clary, vice president and chief financial officer at Covington, La.-based Globalstar (NYSE: GSAT), attributed the revenue performance to increases in […]