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Globalstar Revenues, Earnings, Subscribers Drop

Submit on Wednesday, May 16th, 2007 11:00

Globalstar Inc. reported revenues of $23.2 million in the 2007 first quarter, down from $30.3 million in the same period a year ago, the company announced May 14. Service revenue was $17.5 million in the first three months of 2007, down from $20.7 million in the 2006 first quarter, while subscriber equipment…

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