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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 54.41+7.1%Oct 31 9:30 AM EDT
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To: Maurice Winn who wrote (29902)10/27/2023 5:06:15 PM
From: Geoff Goodfellow  Read Replies (1) of 29986
 
MQ, in September Jonathan Hofeller, SpaceX vice president of Starlink and commercial sales said during a panel at the World Satellite Business Week conference that
“We were subsidizing terminals, but we’ve been iterating on our terminal production so much that we’re no longer subsidizing terminals, which is a good place to be,”
==> cnbc.com

&

SpaceX President and COO Gwynne Shotwell, speaking earlier this year, said that
Starlink “had a cash flow positive quarter” in 2022. The overall company reportedly turned a profit in Q1 2023.
==> advanced-television.com

geoff
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