Iridium Communications Inc.

Equities

IRDM

US46269C1027

Wireless Telecommunications Services

Market Closed - Nasdaq Other stock markets 04:00:00 2024-06-14 pm EDT			5-day change	1st Jan Change
26.45 ^USD	-1.89%		-5.50%	-35.74%

Jun. 04	Iridium Communications Gets Satellite Services Contract by US Space Force	MT
May. 23	Iridium Communications Inc. Declares Cash Dividend on Its Common Stock, Payable on June 28, 2024	CI

Iridium Communications Inc. Declares Cash Dividend on Its Common Stock, Payable on June 28, 2024

May 23, 2024 at 04:07 pm EDT

Iridium Communications Inc. announced that on May 23, 2024, the Company announced that its board of directors had declared a cash dividend on its common stock of $0.14 per share. The dividend is payable on June 28, 2024, to stockholders of record as of June 14, 2024.

Latest news about Iridium Communications Inc.

Iridium Communications Gets Satellite Services Contract by US Space Force	Jun. 04	MT
Iridium Communications Inc. Declares Cash Dividend on Its Common Stock, Payable on June 28, 2024	May. 23	CI
Iridium Communications Says Its Partner Received US Federal Aviation Administration Approval for Drone Operations	May. 15	MT
Iridium Communications Says Its Partner Received US Federal Aviation Administration Approval for Drone Operations	May. 15	MT
Communications Services Up Ahead of Netflix Earnings -- Communications Services Roundup	Apr. 18	DJ
Transcript : Iridium Communications Inc., Q1 2024 Earnings Call, Apr 18, 2024	Apr. 18
Iridium Communications Q1 Earnings Climb, Revenue Decreases	Apr. 18	MT
Earnings Flash (IRDM) IRIDIUM COMMUNICATIONS Reports Q1 Revenue $203.9M, vs. Street Est of $193.7M	Apr. 18	MT
Tranche Update on Iridium Communications Inc.'s Equity Buyback Plan announced on July 27, 2023.	Apr. 18	CI
Iridium Communications Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 18	CI
Iridium Communications Inc. Reiterates Earnings Guidance for the Full Year 2024	Apr. 18	CI
Iridium Gets Contract With L3Harris to Provide Satellite Timing Sync Service to Back US FAA	Apr. 09	MT
Iridium Communications Closes Satelles Acquisition	Apr. 02	MT
Iridium Communications Inc. completed the acquisition of 80.5% stake in Satelles, Inc. for approximately $130 million.	Mar. 31	CI
Transcript : Iridium Communications Inc. Presents at Deutsche Bank's 32 Annual Media, Internet & Telecom Conference, Mar-12-2024 02:40 PM	Mar. 12
Sector Update: Tech Stocks Steady at Monday Close	Mar. 04	MT
Transcript : Iridium Communications Inc. Presents at 45th Annual Raymond James Institutional Investors Conference 2024, Mar-04-2024 04:00 PM	Mar. 04
Sector Update: Tech Stocks Rise in Afternoon Trading	Mar. 04	MT
Iridium to Acquire Remaining Stake in Satellite Services Firm Satelles for $115 Million	Mar. 04	MT
Iridium Communications Inc. agreed to acquire a 80% stake in Satelles, Inc. for $115 million.	Mar. 03	CI
Barclays Adjusts Price Target on Iridium Communications Inc to $42 From $45, Maintains Overweight Rating	Feb. 23	MT
North American Morning Briefing : Earnings Back in -2-	Feb. 20	DJ
Raymond James Lowers Price Target on Iridium Communications to $48 From $53, Keeps Strong Buy Rating	Feb. 16	MT
William Blair Downgrades Iridium Communications to Market Perform From Outperform	Feb. 16	MT
North American Morning Briefing : S&P 500 Seen -2-	Feb. 16	DJ

Chart Iridium Communications Inc.

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Company Profile

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.

Sector

Wireless Telecommunications Services

Calendar

2024-07-22 - Q2 2024 Earnings Release (Projected)

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Ratings for Iridium Communications Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

26.45 USD

Average target price

39.8 USD

Spread / Average Target

+50.47%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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