MCLEAN, Va. (AP) _ Iridium Communications Inc. (IRDM) on Tuesday reported a loss of $12.4 million in its second quarter.

On a per-share basis, the McLean, Virginia-based company said it had a loss of 9 cents.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.

The satellite phone company posted revenue of $140.2 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $135.7 million.

Iridium shares have climbed 11% since the beginning of the year. The stock has climbed 8% in the last 12 months.

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

Automated Insights, source Associated Press News