Satellite communications provider Globalstar today reported second-quarter revenues of $55.1 million, a 50% year-over-year increase, but down 14.4% from Q1. The company’s service revenues saw a 47% YoY jump but an 8.1% quarter-over-quarter decrease to $48.7 million. WHY IT MATTERS: While Q2 performance declined from the previous quarter, Globalstar (NYSE: GSAT) continues to see strong […]