Iridium Communications Inc.

Equities

IRDM

US46269C1027

Wireless Telecommunications Services

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-17 pm EDT			5-day change	1st Jan Change
24.71 ^USD	-0.28%		-2.60%	-39.97%

Apr. 09	Iridium Gets Contract With L3Harris to Provide Satellite Timing Sync Service to Back US FAA	MT
Apr. 02	Iridium Communications Closes Satelles Acquisition	MT

Iridium Communications Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021

April 20, 2021 at 07:07 am EDT

Iridium Communications Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 146.535 million compared to USD 145.287 million a year ago. Operating income was USD 9.016 million compared to USD 11.822 million a year ago. Net loss was USD 5.183 million compared to USD 31.702 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.24 a year ago.

Latest news about Iridium Communications Inc.

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% stake in Satelles, Inc.	Apr. 01	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
Iridium Communications Swings to Q4 Profit as Revenue Gains	Feb. 15	MT
Transcript : Iridium Communications Inc., Q4 2023 Earnings Call, Feb 15, 2024	Feb. 15
Earnings Flash (IRDM) IRIDIUM COMMUNICATIONS Reports Q4 Revenue $194.7M, vs. Street Est of $192.4M	Feb. 15	MT
Tranche Update on Iridium Communications Inc.'s Equity Buyback Plan announced on July 27, 2023.	Feb. 15	CI
Iridium Communications Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 15	CI
Iridium Communications Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 15	CI
Iridium Communications Inc. Provides Earnings Guidance for the Full Year 2024	Feb. 15	CI
Iridium Communications Inc. Plans to Increase Quarterly Dividend Starting with the Second Quarter 2024	Feb. 15	CI
Jane L. Harman to Retire as Member of the Board of Directors of Iridium Communications Inc	Dec. 29	CI
Iridium Launches GMDSS Academy	Dec. 05	CI
Transcript : Iridium Communications Inc. Presents at 2023 Raymond James TMT and Consumer Conference, Dec-04-2023 09:45 AM	Dec. 04

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

2024-04-17 - Q1 2024 Earnings Release

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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

24.71 USD

Average target price

42.23 USD

Spread / Average Target

+70.92%

Consensus

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Quarterly earnings - Rate of surprise

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