COVINGTON, La. (AP) — COVINGTON, La. (AP) — Globalstar Inc. (GSAT) on Wednesday reported a loss of $13.2 million in its first quarter.
On a per-share basis, the Covington, Louisiana-based company said it had a loss of 1 cent.
The satellite communications company posted revenue of $56.5 million in the period.
Globalstar expects full-year revenue in the range of $225 million to $250 million.
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