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Globalstar’s CEO Discusses Q4 2013 Results – Earnings Call Transcript

By Marc Boucher
March 12, 2014
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Globalstar released its fourth quarter and year-end 2013 financial results today and conducted a conference call with financial analysts and investors. This is the transcript.
From Globalstar on the conference call were:

– Kathryn Singer, Investor Relations
– Jay Monroe, Chairman and CEO
– Rebecca Clary, CAO and Corporate Controller
– Tim Taylor, VP of Finance

– Press release: Globalstar Announces 2013 Fourth Quarter and Annual Results



Welcome to the Globalstar Inc. Fourth Quarter and Full Year 2013 Earnings Conference Call. My name is Sherry and I’ll be your operator for today’s call. At this time, all participants are in a listen-only mode. Later, we will conduct the question-and-answer session. Please note that this conference is being recorded.

I’d like to turn the call over to Kathryn Singer. Kathryn, please go ahead.

Kathryn Singer – IR

Thank you, operator. Good afternoon, everyone. Thank you for joining us for today’s conference call to discuss Globalstar’s three and 12 month results for the period ended December 31, 2013.

Before we begin, please note the following. This call may contain forward-looking statements within the meaning of federal securities laws. Factors that could cause results to differ materially are described in the Safe Harbor section of recent press releases and in Globalstar’s SEC filings, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

The press release, this conference call and the associated slide presentation, which is available on the Investor Relations page of Globalstar’s website, include discussions of certain non-GAAP financial measures, as defined under SEC rules. The press release provides a reconciliation of each of those non-GAAP measures to the most comparable GAAP measure.

Please note that the information in this call is accurate only as of today, Monday, March 10, 2014. The fourth quarter and full year 2013 press release that was issued this afternoon, which contains certain financial information, is available on the Company website at Later today an audio recording of this conference call will also be available via telephone dial-in and a webcast recording, along with the copy of the slide presentation will also be made available on the Company website.

Today’s call is being presented by Mr. Jay Monroe, Chairman and CEO; and Rebecca Clary, Chief Accounting Officer and Corporate Controller. Joining Jay and Rebecca for the question-and-answer session will be Tim Taylor, Vice President of Finance.

Now it’s my pleasure to turn the call over to Jay.

Read the complete transcript on Seeking Alpha.

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