What's Going On With Globalstar Stock?

Globalstar, Inc. GSAT shares are trading flat at $1.20 during Tuesday's after-hours session after the company announced it had reaffirmed previously announced revenue guidance for FY23.

On a prior earnings conference call, the company's CFO indicated guidance for FY23, and Globalstar continues to expect that its total revenues for 2023 will be in the range of $185 million to $230 million.

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Traders and investors can find a recording of the earnings conference call mentioning FY23 guidance on the company's website.

According to data from Benzinga Pro, GSAT has a 52-week high of $2.98 and a 52-week low of $0.99.