Iridium Communications Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 174.92 million compared to USD 149.92 million a year ago. Net income was USD 4.56 million compared to USD 3.83 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 0.03 a year ago.
For the six months, revenue was USD 343.14 million compared to USD 296.45 million a year ago. Net income was USD 7.38 million compared to net loss of USD 1.35 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to diluted loss per share from continuing operations of USD 0.01 a year ago.