News
IRDM
26.06
+5.46%
1.35
U.S. RESEARCH ROUNDUP- Blackstone, Ellington Financial, Netflix
Wall Street analysts revise their ratings and price targets on several U.S.-listed companies. Blackstone, Ellington Financial and Netflix among companies with revised targets. Netflix raises target price to $800 from $765, according to Pivotal Research. Analysts cut target prices on several companies, including Biogen and Banner Corp.
Reuters · 8h ago
IRIDIUM COMMUNICATIONS INC <IRDM.O>: RAYMOND JAMES RAISES TARGET PRICE TO $50 FROM $48
Reuters · 11h ago
Iridium Stock Rises 8.4% on Revenue, EPS Beat
Shares of Iridium Communications rise 8.4% to $26.79 in midday trading. The global voice and data satellite company reported first-quarter earnings and revenue above Wall Street expectations. Shares remain down nearly 35% year to date. Iridium reported a profit of $19.7 million in the first quarter.
Dow Jones · 21h ago
Ally Financial Reports Upbeat Earnings, Joins Badger Meter, Genuine Parts And Other Big Stocks Moving Higher On Thursday
Ally Financial shares jumped 7.7% to $39.06 on Thursday after the company reported better-than-expected quarterly results. The Nasdaq Composite fell over 50 points in today's session. Shares of Trump Media & Technology Group Corp. Also rose sharply.
Benzinga · 22h ago
Iridium Communications Inc. Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the Quarterly Period Ended March 31, 2024
Press release · 23h ago
IRDM Stock Earnings: Iridium Comms Beats EPS, Beats Revenue for Q1 2024
Iridium Comms reported earnings per share of 16 cents for the first quarter of 2024. The company reported revenue of $203.85 million. This was 5.21% better than the analyst estimate of $193.75 million. Iridium Comms also reported results for the fourth quarter of 2015.
Investorplace · 1d ago
Iridium Communications Jump 10% After Q1 Results - Here's Why
Iridium Communications Inc (NASDAQ:IRDM) reported first-quarter earnings per share of 16 cents. The company beat the Wallstreet estimate of 15 cents. Quarterly revenues of $203.85 million beat the analyst consensus of $193.75 million. Iridium stock has lost over 53% in the past year.
Benzinga · 1d ago
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 · 1d ago
Iridium (IRDM) Reports Q1 Earnings: What Key Metrics Have to Say
NASDAQ · 1d 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 · 1d ago
Iridium Communications (IRDM) Q1 Earnings Meet Estimates
NASDAQ · 1d ago
Iridium Reiterates FY24 Service Revenue Growth Outlook - Update
NASDAQ · 1d 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 · 1d ago
Iridium Communications&nbsp; 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 · 1d ago
Iridium Communications Inc. Q1 Profit Advances, Beats estimates
NASDAQ · 1d 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 · 1d ago
*Iridium Communications 1Q Net $19.7M >IRDM
Dow Jones · 1d ago
*Iridium Communications 1Q EPS $0.16 >IRDM
Dow Jones · 1d ago
IRIDIUM COMMUNICATIONS INC - NET INCOME WAS $19.7 MLN, OR $0.16 PER DILUTED SHARE, FOR Q1 OF 2024
Reuters · 1d ago
*Iridium Communications 1Q Rev $203.9M >IRDM
Dow Jones · 1d 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.