Globalstar GSAT Consolidation Eliminations — Net Income Loss
Discontinued — last reported Q1 '18
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Where this comes from
Reported directly by Globalstar in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
The official record: Globalstar’s 10-Q, filed May 10, 2018, on SEC EDGAR. View the filing →
Questions, answered.
- What does consolidation eliminations — net income loss mean?
- This metric reflects the accounting adjustments made to eliminate intercompany profits or losses that remain unrealized at the consolidated level. It ensures that the net income reported by the parent company reflects only transactions with external parties. It is a necessary reconciliation step in financial reporting.