MCLEAN, Va. (AP) _ Iridium Communications Inc. (IRDM) on Tuesday reported a loss of $2.1 million in its third quarter.
On a per-share basis, the McLean, Virginia-based company said it had a loss of 2 cents.
The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 2 cents per share.
The satellite phone company posted revenue of $162.2 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $155.4 million.
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
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