Latest news with #PaulJacobs
The Irish Sun
11 hours ago
- Entertainment
- The Irish Sun
Katie Price sparks concern with her skinny frame as she performs on stage in tiny bodysuit
KATIE Price has sparked new concerns after showing off her tiny frame while performing on stage. The 7 Katie Price showed off her tiny frame in a bodysuit on the stage Credit: Paul Jacobs/ 7 The performer stripped down to a back thong bodysuit with a bejeweled belt and hat Credit: Paul Jacobs/ Her boyfriend JJ Slater's ex-girlfriend, Married At First Sight star Ella Morgan, was also down on the line-up. Taking to the stage, Katie channeled her inner pop princess, donning a tiny black thong bodysuit that She strutted on stage in a frilled pink jacket and a giant, jewel-encrusted hat embossed with the word "Pricey" in pink rhinestones, which matched a tiny silver belt around her hips. Over the course of her set, she sang songs including a piano led version of RnB classic (We Don't Have To Take Our) Clothes Off and Tell It To My Heart by Taylor Dayne, and A Whole New World – which she previously released as a single with ex-husband Peter André. READ MORE KATIE PRICE But as she shed her shimmering jacket and danced in just her bodysuit, Katie's slim frame – But the performer, podcaster and model has Speaking on her Snapchat in May, Katie said in the clip: "Yes I've lost weight. "Yes that what I've wanted to do, I've wanted to lose weight. Most read in Showbiz "Because the past three, four years ago when I broke my feet and I was in a wheelchair for 10 months because they said I'd never walk again, and obviously you put weight on being in a wheelchair. "And then I did all the IVF stuff, that also puts on weight. Katie Price boasts she earns 'really good money' but claims she can't rent anywhere to live after bankruptcy hell "So yeah I did put on weight and I hated it, I felt uncomfortable and it wasn't me." She then explained how, after finishing her failed IVF treatment, she became more active with healthy eating. "Everyone is talking about it - it's driving me mad," she said. "I'm healthy and I do eat. "If you look at old old pictures of me in the Jordan days, I was always skinny. "But today where i have lost weight, I feel, my butt looks like a deflated balloon." Some fans have asked Katie whether she has taken popular weight loss jabs to shed the pounds - but the star, who has been open in the past about procedures she's gone through, has strongly denied it . 7 The star has sparked concern with her tiny frame in the past Credit: Paul Jacobs/ 7 Fans cheers on the star as she performed on stage Credit: Portsmouth Pride 7 The singer showed off her bum as she danced in the outfit Credit: Portsmouth Pride 7 Confetti rained down on the star as she wrapped up her set Credit: Portsmouth Pride 7 Katie was one of three main stars performing at the Pride event Credit: Portsmouth Pride
Globe and Mail
22-05-2025
- Business
- Globe and Mail
This ‘Strong Buy' Satellite Stock Is Being Put to the Test Against Elon Musk's Starlink
The satellite communications industry is witnessing an epic showdown between two tech titans, with billions in market value at stake. In one corner stands Elon Musk's Starlink, powering T-Mobile's (TMUS) satellite smartphone service, which will launch officially this summer. On the other end is Paul Jacobs, the former Qualcomm (QCOM) CEO who helped revolutionize smartphone connectivity and now leads Globalstar (GSAT). Globalstar, valued at $2.3 billion, provides mobile satellite services, offering two-way voice and data communications for remote areas. It serves various markets, including recreation, government, oil and gas, and maritime, through products like SPOT devices for emergency alerts and location tracking. It also offers commercial IoT solutions for asset monitoring and business continuity applications. Globalstar currently provides satellite emergency services for Apple's (AAPL) iPhone users and competes with Starlink. T-Mobile ' s new Starlink service, which has already launched in a public beta, promises broader device compatibility, while Apple's existing Globalstar integration offers global spectrum coverage and seamless international roaming. As T-Mobile prepares to challenge Apple's existing satellite SOS monopoly, thousands of customers have already signed up for the beta service. Let's see if this competitive landscape presents a compelling opportunity for Globalstar stock and GSAT investors. Is the satellite stock undervalued, or will it struggle to compete with Musk's growing empire? Is the Satellite Stock a Good Buy Right Now? Globalstar's sales increased from $97 million in 2016 to $250.4 million in 2024. While it reported an adjusted net loss of $0.14 per share or $7 million in 2024, Globalstar ended the year with a free cash flow of $178.6 million. In Q1 2025, Globalstar reported revenue of $60 million, an increase of 6% year over year. The top line was driven by wholesale capacity services and continued growth in commercial IoT subscribers. The satellite communications company posted adjusted EBITDA of $30.4 million, up 3% year-over-year, though margins were pressured by investments in its XCOM RAN terrestrial network technology. CEO Paul Jacobs said the company remains 'bullish that this business will be profitable' and expects commercial deployment next quarter. Globalstar recently showcased its XCOM RAN technology at Mobile World Congress in Barcelona. The system delivered speeds of 400 megabits per second using just 10 megahertz of licensed n53 spectrum, positioning the company for advanced applications including robotics and autonomous vehicles. Globalstar reached a major milestone with MDA Space (MDALF), securing a 1.1 billion CAD contract for more than 50 satellites for its next-generation constellation. CFO Rebecca Clary said Globalstar is 'well positioned to minimize' potential tariff impacts through global manufacturing partnerships and supply chain flexibility. Globalstar reiterated its full-year 2025 outlook, expecting revenue of $260 million to $285 million with adjusted EBITDA margins of approximately 50%. With $241.4 million in cash and a strong operational cash flow of $51.9 million in the quarter, Globalstar appears positioned to execute its long-term growth strategy across satellite and terrestrial network businesses. What Is the Target Price for GSAT Stock? Analysts expect Globalstar to increase sales to $378 million in 2029. Comparatively, adjusted earnings per share are forecast at $0.36 with a free cash flow of $210 million. If GSAT stock is priced at 20 times forward FCF, the stock could surge over 75% over the next four years. Two analysts who track GSAT stock have a 'Strong Buy' recommendation. The average target price for the satellite stock is $52.50, 184% higher than its current trading price.
Finextra
22-05-2025
- Business
- Finextra
Affirm and Kayak expand partnership to Canada
Just in time for the busy summer travel season, Kayak, the world's leading travel search engine, and Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced the expansion of their exclusive partnership into Canada. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This builds on the companies' successful collaboration in the U.S., which has empowered consumers to plan and pay over time for their travels since January 2023. By selecting Affirm at checkout on approved KAYAK travellers in Canada can split the total cost of flights, accommodations, and car rentals/sharing into monthly payments. From there, consumers go through a quick, real-time eligibility check. If approved, they can choose the customized payment plan that best suits their needs and never pay any late or hidden fees. 'Consumers are increasingly turning to Affirm when booking their flights, hotels, rides, and more as flexible payment options remain a top priority for travellers across Canada,' said Wayne Pommen, Chief Revenue Officer of Affirm. 'This expansion with KAYAK is a natural next step for our long-standing partnership as we look to offer even more travellers peace of mind when paying for their next trip using Affirm.' 'Our partnership with Affirm opens up possibilities for travellers who are looking for more flexibility in their payment options. With international flight prices averaging $1,2701, travellers can plan and pay for those bucket list trips over time, without any hidden fees,' said Paul Jacobs, GM and SVP of KAYAK North America. Expanding with KAYAK into Canada further builds on Affirm's rapid growth worldwide, with over 350,000 merchants offering Affirm at checkout, including partnerships with Booking Holdings brands Agoda, and Priceline. Leading Canadian retailers, including Amazon, Apple, Samsung, Brown's Shoes, CheapOair, and more offer Affirm's payment solutions to their customers.
Business Wire
22-05-2025
- Business
- Business Wire
KAYAK and Affirm expand exclusive partnership into Canada
TORONTO--(BUSINESS WIRE)--Just in time for the busy summer travel season, KAYAK, the world's leading travel search engine, and Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced the expansion of their exclusive partnership into Canada. This builds on the companies' successful collaboration in the U.S., which has empowered consumers to plan and pay over time for their travels since January 2023. By selecting Affirm at checkout on approved KAYAK travellers in Canada can split the total cost of flights, accommodations, and car rentals/sharing into monthly payments. From there, consumers go through a quick, real-time eligibility check. If approved, they can choose the customized payment plan that best suits their needs and never pay any late or hidden fees. 'Consumers are increasingly turning to Affirm when booking their flights, hotels, rides, and more as flexible payment options remain a top priority for travellers across Canada,' said Wayne Pommen, Chief Revenue Officer of Affirm. 'This expansion with KAYAK is a natural next step for our long-standing partnership as we look to offer even more travellers peace of mind when paying for their next trip using Affirm.' 'Our partnership with Affirm opens up possibilities for travellers who are looking for more flexibility in their payment options. With international flight prices averaging $1,270 1, travellers can plan and pay for those bucket list trips over time, without any hidden fees,' said Paul Jacobs, GM and SVP of KAYAK North America. Expanding with KAYAK into Canada further builds on Affirm's rapid growth worldwide, with over 350,000 merchants offering Affirm at checkout, including partnerships with Booking Holdings brands Agoda, and Priceline. Leading Canadian retailers, including Amazon, Apple, Samsung, Brown's Shoes, CheapOair, and more offer Affirm's payment solutions to their customers. About Affirm Affirm's mission is to deliver honest financial products that improve lives. By building a new kind of payment network—one based on trust, transparency, and putting people first—we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike most credit cards and other pay-over-time options, we never charge any late or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | X. About KAYAK KAYAK, part of Booking Holdings (NASDAQ: BKNG), is the world's leading travel search engine. With billions of queries across our platforms, we help people find their perfect flight, stay, rental car and vacation package. Trusted by millions of travelers, the KAYAK app makes travel planning seamless on iOS and Android, and we also support business travelers with our corporate travel solution. Rates from 0-31.99% APR (subject to provincial regulations). Payment options through Affirm Canada Holdings Ltd. ('Affirm') are subject to an eligibility check and depend on purchase amount, vary by merchant, and may not be available in all provinces/territories. A down payment (or a payment due today) may be required. AFRM-PA
Yahoo
09-05-2025
- Business
- Yahoo
Globalstar Inc (GSAT) Q1 2025 Earnings Call Highlights: Revenue Growth and Strategic Expansions ...
Release Date: May 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Total revenue increased by 6% to $60 million compared to the prior year period. Service revenue saw a 7% increase, primarily driven by wholesale capacity services. Globalstar Inc (NASDAQ:GSAT) successfully launched a two-way satellite IoT solution, expanding beyond traditional one-way tracking capabilities. The company opened a new state-of-the-art satellite operations control center, enhancing satellite fleet management capabilities. Strategic appointments of seasoned executives are expected to drive growth in key business segments. Higher cash costs to support excom negatively impacted adjusted EBITA by $1.3 million. Adjusted EBITA margin decreased by approximately 200 basis points compared to the prior year period. The sales cycle for the excom ran product is long and dependent on factors outside of Globalstar Inc (NASDAQ:GSAT)'s control. There is uncertainty regarding the launch dates for the 50 Aurora satellites, as the second launch has not been contracted yet. The private network cellular network business has been less successful than expected, impacting the anticipated growth from CBRS. Warning! GuruFocus has detected 2 Warning Signs with GSAT. Q: Can you provide more details on the economics or assumptions regarding the Excom RAN business? A: We haven't announced any forward-looking revenues yet. Our primary initial customer is a large retailer, and while we're engaged with them, the sales cycle can be lengthy. We're confident in moving forward, and we've expanded our direct sales capability to explore opportunities beyond our current customer. We've also secured some initial government contracts, which we hope will grow. Paul Jacobs, CEO Q: How is the progress on bringing more vendors into the ecosystem, particularly for lower-cost radios? A: We've developed new radios that are lower cost and offer flexibility in terms of the bands we can cover. These radios, showcased at Mobile World Congress, support Band 53 and CBRS. We're also interested in unlicensed cellular opportunities, using Band 53 as an anchor channel, which provides both cost and performance benefits. Paul Jacobs, CEO Q: How important is Band 53 as an anchor spectrum given potential changes in the CBRS band? A: Band 53 is crucial for mission-critical applications, offering guaranteed availability unlike CBRS, which hasn't met expectations for private network business. Our global Band 53 spectrum provides a differentiated position, especially for global IoT applications. Paul Jacobs, CEO Q: When do you expect the replenishment constellation to be completed, and when will the 50 Aurora satellites be launched? A: We haven't announced the launch date for the 50 satellites yet. The service fees tied to the CapEx for replacement satellites will start once the first batch is operational. We're expecting two launches, but the second launch hasn't been contracted yet. Rebecca Clary, CFO Q: What are the financial implications of the service fees related to the replacement satellites? A: The service fees will increase once the first batch of replacement satellites is operational and providing service. Rebecca Clary, CFO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
