COVINGTON, La. (AP) _ Globalstar Inc. (GSAT) on Thursday reported a first-quarter loss of $38.2 million, after reporting a profit in the same period a year earlier.

The Covington, Louisiana-based company said it had a loss of 2 cents per share.

The satellite communications company posted revenue of $32.2 million in the period.

In the final minutes of trading on Thursday, the company's shares hit 32 cents. A year ago, they were trading at 61 cents.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSAT at https://www.zacks.com/ap/GSAT

Automated Insights, source Associated Press News