Iridium Communications Inc. (IRDM)
Few firms could replicate Starlink's success: Iridium Communications
Matt Desch, CEO of Iridium Communications, discusses the space economy and how the company is providing a supplementary offering to SpaceX's product portfolio.
Eutelsat to Deliver IRDM's Certus & STL Services to US Government
Iridium Communications Inc. IRDM and Eutelsat Group's EUTLF subsidiary Eutelsat America Corp. and OneWeb Technologies Inc. (“EACOWT”) recently inked a partnership whereby EACOWT will deliver Iridium Certus and Iridium Satellite Time and Location (STL) services to U.S. government clients. These services will be available to the government through the IRDM's U.S. Space Force's Proliferated Low Earth Orbit (P-LEO) contracts and OneWeb Technologies.
Iridium's Q3 Earnings Beat on Higher Revenues, Stock Soars 11%
With strong revenue growth in commercial service and government engineering units and an expanding subscriber base, IRDM delivers impressive Q3 performance.
Iridium Communications Inc. (IRDM) Q3 2024 Earnings Call Transcript
Iridium Communications Inc (NASDAQ:IRDM ) Q3 2024 Results Conference Call October 17, 2024 8:30 AM ET Company Participants Ken Levy - Vice President, Investor Relations Matt Desch - Chief Executive Officer of Iridium Communications Inc. Tom Fitzpatrick - CFO Vincent O'Neill - Senior Vice President of Finance Conference Call Participants Ric Prentiss - Raymond James Simon Flannery - Morgan Stanley Edison Yu - Deutsche Bank Walter Piecyk - LightShed Ventures Hamed Khorsand - BWS Chris Quilty - Quilty Space Louis DiPalma - William Blair Operator Good day and welcome to the Iridium's 2024 third quarter earnings call. All participants will be in listen-only mode.
Here's What Key Metrics Tell Us About Iridium (IRDM) Q3 Earnings
The headline numbers for Iridium (IRDM) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Iridium Communications (IRDM) Q3 Earnings and Revenues Surpass Estimates
Iridium Communications (IRDM) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to loss of $0.01 per share a year ago.
Iridium Gearing Up to Report Q3 Earnings: Here's What to Expect
Iridium's third-quarter performance is likely to have benefited from momentum in commercial service revenues and increasing subscriber base.
Iridium (IRDM) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Get a deeper insight into the potential performance of Iridium (IRDM) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Here's Why Iridium Communications (IRDM) is a Strong Growth Stock
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Iridium Communications: Still A Solid Long-Term Play On Steady Growth
Iridium Communications' stock was upgraded to 'buy' after a significant price decline, leading to a 15.2% gain versus the S&P 500's 1.6%. The company showed strong performance in its Commercial Services segment, with revenue increasing by 6.1%, despite some weaknesses in other areas. Management's optimistic outlook includes a robust share buyback program and expected revenue growth, with EBITDA projected to rise to $460-$470 million.
Iridium Gains 21% in Past Six Months: Is it Time to Buy the Stock?
IRDM's impressive buyback plan and improving sales performance augur well. Though its massive debt and volatile macro backdrop are concerning.
Iridium's Advanced Certus System Used by Brazil's Railway Network
Satcom Direct Brasil and MRS Logistica S.A. implement IRDM's Certus technology to ensure railway operations' efficiency, safety and reliability.
