Spotting Winners: Globalstar (NASDAQ:GSAT) And Telecommunication Services Stocks In Q4

Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Globalstar (NASDAQ:GSAT) and its peers.

The sector is a tale of two cities. Satellite telecommunication is generally buoyed by rising global demand for connectivity in costly-to-connect and remote areas. On the other hand, terrestrial telecommunication companies face an uphill battle, as they mostly sell into a deflationary market, where the price of moving a bit tends to decrease over time with better technology. Despite the differences in demand drivers, companies across the entire industry must contend competition from larger telecom conglomerates and hyperscalers expanding their own networks as well as newer entrants such as SpaceX's StarLink.

The 6 telecommunication services stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 0.6%.

In light of this news, share prices of the companies have held steady as they are up 3.5% on average since the latest earnings results.

Globalstar (NASDAQ:GSAT)

Known for powering the emergency SOS feature in newer Apple iPhones, Globalstar (NASDAQ:GSAT) operates a network of low-earth orbit satellites that provide voice and data communications services in remote areas where traditional cellular networks don't reach.

Globalstar reported revenues of $71.96 million, up 17.6% year on year. This print exceeded analysts’ expectations by 1.9%. Despite the top-line beat, it was still a softer quarter for the company with full-year revenue guidance missing analysts’ expectations significantly and a significant miss of analysts’ EPS estimates.

Interestingly, the stock is up 9.1% since reporting and currently trades at $63.16.

Is now the time to buy Globalstar? Access our full analysis of the earnings results here, it’s free.

Best Q4: Array (NYSE:AD)

Operating as a majority-owned subsidiary of Telephone and Data Systems since its founding in 1983, Array (NYSE:Array) is a regional wireless telecommunications provider serving 4.6 million customers across 21 states with mobile phone, internet, and IoT services.

Array reported revenues of $60.33 million, up 131% year on year, outperforming analysts’ expectations by 7%. The business had an incredible quarter with a beat of analysts’ EPS estimates and a solid beat of analysts’ revenue estimates.

Array scored the biggest analyst estimates beat and fastest revenue growth among its peers. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 9.2% since reporting. It currently trades at $45.72.

Is now the time to buy Array? Access our full analysis of the earnings results here, it’s free.

Iridium (NASDAQ:IRDM)

With a constellation of 66 low-earth orbit satellites providing coverage to every inch of the planet, Iridium Communications (NASDAQ:IRDM) operates a global satellite network that provides voice and data services to customers in remote areas where traditional telecommunications are unavailable.

Iridium reported revenues of $212.9 million, flat year on year, falling short of analysts’ expectations by 3.2%. It was a mixed quarter as it posted a beat of analysts’ EPS estimates but a significant miss of analysts’ revenue estimates.

Iridium delivered the weakest performance against analyst estimates in the group. Interestingly, the stock is up 51.4% since the results and currently trades at $27.95.

Read our full analysis of Iridium’s results here.

Lumen (NYSE:LUMN)

With approximately 350,000 route miles of fiber optic cable spanning North America and the Asia Pacific, Lumen Technologies (NYSE:LUMN) operates a vast fiber optic network that provides communications, cloud connectivity, security, and IT solutions to businesses and consumers.

Lumen reported revenues of $3.04 billion, down 8.7% year on year. This print met analysts’ expectations. Overall, it was a very strong quarter as it also put up a beat of analysts’ EPS estimates.

Lumen had the slowest revenue growth among its peers. The stock is down 21.4% since reporting and currently trades at $6.65.

Read our full, actionable report on Lumen here, it’s free.

Viasat (NASDAQ:VSAT)

Operating a fleet of 23 satellites that orbit the Earth and beam connectivity from space, Viasat (NASDAQ:VSAT) provides satellite-based communications networks and services for airlines, maritime vessels, governments, businesses, and residential customers worldwide.

Viasat reported revenues of $1.16 billion, up 3% year on year. This number lagged analysts' expectations by 1%. Aside from that, it was a strong quarter as it recorded a beat of analysts’ EPS estimates.

The stock is up 24.2% since reporting and currently trades at $46.50.

Read our full, actionable report on Viasat here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.