Globalstar, Inc (NYSE: GSAT)  inventory rose over 9% within the after-hours buying and selling at present.
What Occurred: The satellite tv for pc options supplier declared earnings per share of $0.01 within the fourth quarter of this yr beating analyst projected earnings of $0 per share. 

Final yr EPS stood at $0.03 in the identical interval and income got here in at $31.84 million.

Globalstar This fall income this yr has risen 4.17% YoY to $33.17 million. 

Why It Issues: Earlier, the corporate’s shares rose 84% on Feb. 9 after an announcement concerning the addition of Qualcomm Inc’s (NASDAQ: QCOM) Band n53 in Globalstar’s flagship X65 modem.

This yr, Globalstar has additionally introduced partnerships with Battlebox and Nokia Oyj (NYSE: NOK). 

Value Motion: Globalstar shares rose 9.03% to $1.69  within the after-hours buying and selling on Wednesday after closing 8.28% within the common session at $1.55.

© 2021 Benzinga

Empowering you

Shereitta Myrick is the driving power behind Assured Purpose Digital Creative Agency LLC, a North Carolina-based operation that offers an array of services to empower clients’ success. Catch up with Shereitta on Instagram and Facebook.

The who:

Given a business name is so central to a brand, we tend to put a lot of importance on it. How did you arrive at a name, and how do you feel about it now that you’ve been in business a while? 

My creative side as well as my mentor kept reminding me to not only make it meaningful but to name my business something that would be versatile at the same time.

The world, the internet changes so much and you want to be able to adjust and add on to your business as needed.

So I would say don’t pick a name for your business that boxes you into