Iridium Communications Inc reports results for the quarter ended in March - Earnings Summary
Iridium Communications Inc reports quarterly adjusted earnings of 16 cents per share for the quarter ended in March. Revenue fell 0.7% to $203.85 million. The company reported quarterly income of $19.65 million. Iridium Communications Inc shares had fallen by 5.5% this quarter and lost 40.0% so far this year.
Reuters · 4h ago
Earnings Scheduled For April 18, 2024
Addex Therapeutics is estimated to report earnings for its fourth quarter. Nokia is likely to report quarterly earnings at $0.06 per share on revenue of $5.09 billion. Snap-on is projected to report Earnings Before The Bell. Other companies expected to report before and after the bell include Infosys and Nokia.
Benzinga · 5h ago
Iridium Communications (IRDM) Q1 Earnings Meet Estimates
NASDAQ · 5h ago
Iridium Reiterates FY24 Service Revenue Growth Outlook - Update
NASDAQ · 6h ago
Iridium Communications Reiterated FY24 Service Revenue Growth of 4%-6%, OEBITDA of $460M-$470M
The company reiterated its full-year 2024 outlook. Total service revenue growth is expected to be between 4% and 6% for the year. We expect the longer-term cash tax rate to move closer to the statutory rate in 2028. Net leverage was 3.1 times OEBITDA in 2023.
Benzinga · 6h ago
Iridium Communications  GAAP EPS of $0.16 beats by $0.01, revenue of $203.85M beats by $10.11M
Iridium Communications reported first-quarter total revenue of $203.9 million. The company's GAAP EPS of $0.16 beats by $10.11 million. Service revenue grew 7% from the year-ago period and was 73% of total revenue for the first quarter of 2024.
Seeking Alpha · 6h ago
Iridium Communications Inc. Q1 Profit Advances, Beats estimates
NASDAQ · 6h ago
Iridium Comms Q1 EPS $0.16 Beats $0.15 Estimate, Sales $203.85M Beat $193.75M Estimate
Iridium Comms (NASDAQ:IRDM) reported quarterly earnings of $0.16 per share. The company reported quarterly sales of $203.85 million. This is a 0.69 percent decrease over sales of the same period last year. The company beat the analyst consensus estimate of $1.01 per share .
Benzinga · 6h ago
*Iridium Communications 1Q Net $19.7M >IRDM
Dow Jones · 6h ago
*Iridium Communications 1Q EPS $0.16 >IRDM
Dow Jones · 6h ago
Reuters · 6h ago
*Iridium Communications 1Q Rev $203.9M >IRDM
Dow Jones · 6h ago
Press Release: Iridium Announces First-Quarter 2024 Results
Iridium Completes acquisition of Satelles, Inc., its first ever acquisition, on April 1. The company reported first-quarter total revenue of $203.9 million for the first quarter of 2024. Total billable subscribers grew 14% year-over-year, led by growth in commercial IoT. Iridium reiterated full-year 2024 outlook.
Dow Jones · 6h ago
Iridium: Q1 Earnings Snapshot
Iridium Communications reports first-quarter net income of $19.7 million. The satellite phone company posted revenue of $203.9 million in the period. The results met Wall Street expectations. The company said it had a net profit of 16 cents per share.
Barchart · 11h ago
Iridium Communications Q1 2024 Earnings Preview
Iridium Communications Inc. Is scheduled to announce Q1 earnings results on Thursday, April 18th. The consensus EPS Estimate is $0.19 and the consensus revenue estimate is $193.74M. Over the last 2 years, IRDM has beaten EPS estimates 50% of the time.
Seeking Alpha · 1d ago
America Movil's (AMX) Q1 Earnings & Revenues Decrease Y/Y
NASDAQ · 1d ago
Notable earnings before Thursday's open
Major earnings expected before the bell on Thursday include: Blackstone, D.R. Horton and Nokia Oyj. Other major earnings slated for release before Thursday's open include Blackstone and Taiwan Semiconductor Manufacturing. Notable earnings before the open include: Apple, Microsoft and Blackstone.
Seeking Alpha · 1d ago
NetApp (NTAP) Up 51% in a Year: Will the Rally Continue?
NASDAQ · 1d ago
Blackbaud (BLKB) Receives Buyout Offer From Clearlake Capital
NASDAQ · 2d ago
Generac (GNRC) Reportedly Focusing on M&A to Drive Growth
NASDAQ · 2d ago
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About IRDM
Iridium Communications Inc. is a commercial provider of communications services. The Company is engaged in providing mobile voice and data communications services using a constellation of orbiting satellites. It provides voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via its satellite network, which has an architecture of 66 operational satellites with in-orbit spares and related ground infrastructure. It utilizes an interlinked mesh architecture to route traffic across its satellite constellation using radio frequency crosslinks between satellites. It serves market, such as emergency services, maritime, aviation, government, utilities, oil and gas, mining, recreation, forestry, heavy equipment, construction, railways and other transportation. Its products include Satellite Handsets and Iridium GO!, Broadband Data Devices, Voice and Data Modems and Internet of Things Data Devices.