Globalstar Stock Is Surging Monday: What's Going On?
Globalstar Stock Is Surging Monday: What's Going On?
The partnership includes provisions for Globalstar to earn incremental service fees from Apple, which will increase based on performance milestones, regulatory achievements and other service conditions. Apple also agreed to pay Globalstar an annual service fee of $30 million, which will increase over time as the new network becomes operational.Globalstar Inc. (AMEX:GSAT) shares are trading higher Monday after the company on Friday announced an extended services agreement with Apple Inc. (NASDAQ:AAPL), which includes plans to build and launch a new mobile satellite services (MSS) network.
全球星公司（美交所：GSAT）股價週一有所上漲，因爲該公司週五宣佈與蘋果公司（納斯達克：AAPL）達成了一項延長服務協議，計劃建設和發射新的移動衛星服務（MSS）網絡。
What To Know: Under the new terms of the updated services agreement, Apple will prepay up to $1.1 billion to Globalstar, funding the construction, launch and operation of the new MSS network.
重點了解：根據更新後的服務協議新條款，蘋果將向全球星預付高達11億美元，用於建設、發射和運營新的MSS網絡。
The funding will cover costs for new satellites, expanded ground facilities and broader MSS licensing globally. Apple will also invest $400 million to acquire a 20% stake in Globalstar's newly created subsidiary, Globalstar Licensee, which will own and operate the MSS network.
這項資金將覆蓋新衛星的成本、擴建地面設施以及全球範圍的MSS許可費用。蘋果還將投資40000萬美元以收購全球星新成立的子公司全球星特許人，後者將擁有並運營MSS網絡。
The partnership includes provisions for Globalstar to earn incremental service fees from Apple, which will increase based on performance milestones, regulatory achievements and other service conditions. Apple also agreed to pay Globalstar an annual service fee of $30 million, which will increase over time as the new network becomes operational.
合作協議包括全球星從蘋果獲取遞增式服務費的條款，這些費用將根據績效里程碑、監管成就和其他服務條件遞增。蘋果還同意向全球星支付3000萬美元的年度服務費，隨着新網絡的投入運營，這一費用將逐漸增加。
Apple's equity in the MSS network will be structured to allow quarterly redemptions once the full prepayment has been repaid. Additionally, Globalstar can repurchase Apple's stake under certain conditions, while Apple has the option to redeem its shares if specific contract terms are not met by Globalstar.
蘋果在MSS網絡中的股權結構將允許在全額預付款償還後進行季度贖回。此外，全球星可以在特定條件下回購蘋果的股份，而蘋果則可以按照合同條款未能達到的特定條件贖回其股份。
In an effort to support Globalstar's financial stability, the revised agreement also adjusts Globalstar's 2023 funding terms. These adjustments include removing cash sweeps, deferring repayment dates to 2026 and easing certain loan conditions.
爲了支持全球星的財務穩定性，修訂後的協議還調整了全球星2023年的融資條款。這些調整包括取消現金清算、將償還日期推遲至2026年並放寬某些貸款條件。
In the second quarter of 2024, Globalstar reported revenue growth of 10% as sales climbed to $60.4 million. The company's adjusted EBITDA for the quarter was $32.6 million. Globalstar projected its revenue for the year to come in between $235 million and $250 million, versus consensus estimates of $237.5 million.
2024年第二季度，全球星的營業收入增長了10%，銷售額攀升至6040萬美元。該公司當季調整後的EBITDA爲3260萬美元。全球星預計年度營業收入將在23500萬至25000萬美元之間，而市場共識估計爲23750萬美元。
Globalstar is scheduled to report third-quarter financial results after the market close on Thursday. Analysts expect the company to report quarterly revenue of $60.34 million, according to estimates from Benzinga Pro.
全球星計劃在週四收盤後公佈第三季度財務業績。根據Benzinga Pro的估算，分析師預計該公司將報告第四季度營業收入爲6034萬美元。
GSAT Price Action: Globalstar shares were up 30.4% at $1.80 at the time of writing, according to Benzinga Pro.
全球星股價走勢：根據Benzinga Pro的數據，在撰寫時全球星股價上漲了30.4%，至1.80美元。
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譯文內容由第三人軟體翻譯。
