Revenue segments as reported by the company.

Services

Subscriber Equipment

Engineering & Support Service

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

S&GA

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Iridium Communications

Iridium Communications, Inc. engages in the provision of global satellite communications services and products. Its products include personal communicators, messengers, and trackers, satellite phones, push-to-talk-devices, broadband, midband, and external terminals, docking stations, apps, and accessories. It offers its services to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers via satellite network. The company was founded in 2000 and is headquartered in McLean, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Iridium Communications excels in 2022, poised for growth ahead

Iridium Communications delivered a stellar performance in 2022, surpassing expectations and setting the stage for continued growth in 2023. The company's strategic partnerships, financial outlook, and focus on innovation position it well for future success.
While facing competition and payment structure uncertainties, Iridium's strengths in diverse services, customer base, and market positioning offer resilience and growth potential. Balancing challenges with opportunities, the company remains agile and forward-thinking in navigating the evolving landscape.
Investors can look forward to Iridium's momentum in 2023, driven by core business growth, new revenue streams, and a clear vision for the future. The company's commitment to sustainability, innovation, and community impact underpins its long-term strategy and value proposition.

Iridium Communications reports robust Q1 earnings, eyes IoT growth

Iridium Communications delivered strong financial performance in Q1 2023, with revenue and EBITDA growth across key segments. The company remains focused on shareholder value through dividends and share repurchases.
Challenges include potential revenue delays in automotive integration and managing seasonal fluctuations in subscriber adds. However, opportunities in IoT, new technologies, and strategic investments position Iridium for future growth.
Investors can look forward to insights on long-term growth projections at the upcoming Investor Day. Overall, Iridium's strategic initiatives and financial performance indicate a positive outlook for the company's future.

Iridium Communications reports robust Q2 performance and eyes growth opportunities

Iridium Communications showcased strong financial performance, strategic focus on niche services, and growth opportunities in emerging markets like UAV connectivity and autonomous aircraft. Despite challenges in equipment revenue and SG&A expenses, the company remains resilient and aims for moderation in expense growth. Management anticipates discussing long-term potential opportunities at an upcoming Investor Day in September.

Iridium reports robust Q3 results, eyes growth amid supply challenges

Iridium Communications delivered solid financial performance in Q3 2023, driven by revenue growth and record operational EBITDA, despite challenges in equipment sales.
The company's strategic strengths include ambitious revenue targets, a healthy cash balance, and updated guidance reflecting growth prospects.
While facing challenges such as supply chain issues and increased expenses, Iridium has opportunities to leverage partnerships and market demand for future growth.
Overall, Iridium's performance highlights resilience and potential for expansion in key market segments, supported by strategic initiatives and financial stability.

Iridium Communications excels in Q4, eyes $1B revenue milestone

Iridium Communications demonstrated strong financial performance, strategic foresight, and resilience in the face of industry dynamics, positioning itself for continued growth.
While facing challenges such as ARPU fluctuations and inventory management, the company is leveraging opportunities in IoT, aviation services, and R&D to drive future success.
Investors can be optimistic about Iridium's trajectory, with a clear roadmap for revenue growth, operational targets, and technological advancements shaping its competitive edge.

Iridium reports robust Q1 results, eyes Satelles for future growth

Iridium Communications showcased strong financial performance in Q1 2024, driven by service revenue growth and operational EBITDA.
The Satelles acquisition enhances Iridium's leadership in satellite-based services, with revenue projections exceeding $100 million annually by 2030.
Analyst inquiries focused on the impact of Satelles, free cash flow guidance adjustments, and revenue synergies.
Strategic investments in IoT, mid-band services, and directed device initiatives position Iridium for long-term growth.

Iridium Communications (IRDM) excels in Q2, eyes growth in IoT and emerging markets

Iridium Communications (IRDM) delivers a strong Q2 performance with revenue growth, subscriber expansion, and strategic investments driving operational success.
Challenges in managing service revenue guidance, market trends, and competitor impacts require proactive strategies and continuous innovation.
Opportunities in emerging markets, partnerships, and margin optimization position Iridium for sustained growth and market leadership.
Management's transparency, financial stability, and global resilience underscore the company's commitment to long-term success and shareholder value.

Iridium reports strong Q3 earnings, eyes growth through innovation

Iridium Communications demonstrated solid financial performance in Q3, driven by revenue growth and operational EBITDA hitting a record high of $124.4 million.
The company's strategic partnerships, innovative product launches, and focus on returning value to shareholders position it well for future growth and market leadership.
While facing challenges like CFO transition and operational integration, Iridium has opportunities to capitalize on market demand, expand product offerings, and enhance shareholder value.

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Cost of revenue

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SG&A

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Operating income

EBITDA

Net income

Earnings per share

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Current assets

Cash & equivalents

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Cash from other sources

Net change in cash

Free cash flow

Iridium (IRDM) approves an additional share buyback plan that reflects the company's strengthening business prospects.

Iridium (IRDM) Boosts Shareholder Value With $300M Buyback Plan

MCLEAN, Va., March 9, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced AnsuR Technologies as a Value-Added Developer (VAD) providing optimized video software solutions for use over the Iridium Certus service.

Iridium Optimizing Live Video Over Iridium Certus® with AnsuR Technologies

MCLEAN, Va., March 7, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that its Board of Directors has authorized the repurchase of an additional $300 million of Iridium common stock through December 31, 2023.

Iridium Board of Directors Approves Additional $300 Million Share Repurchase Program

Times have been tough for shareholders in Iridium Communications, even as the company has performed well on its top and bottom lines.

Iridium Communications: Looking Much Better Today

The consensus price target hints at a 31.7% upside potential for Iridium (IRDM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 32% Upside in Iridium (IRDM): Can the Stock Really Move This High?

MCLEAN, Va., Feb. 22, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Company executives would speak at two investor conferences in March: The Raymond James 43rd Annual Institutional Investors Conference on Tuesday, March 8, 2022 at 4:35 p.m.

Iridium to Present at March Investor Conferences

Iridium's (IRDM) fourth-quarter 2021 results benefit from increasing service revenues and a growing subscriber base.

Iridium (IRDM) Q4 Earnings Meet Estimates, Revenues Up Y/Y

Iridium Communications Inc. (IRDM) CEO Matt Desch on Q4 2021 Results - Earnings Call Transcript

Iridium (IRDM) delivered earnings and revenue surprises of 0% and 2.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Iridium Communications (IRDM) Reports Q4 Loss, Tops Revenue Estimates

MCLEAN, Va., Feb. 17, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2021 and issued its full-year 2022 guidance.

Iridium Announces 2021 Results; Company Issues 2022 Outlook

Iridium (IRDM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Iridium Communications (IRDM) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

Global satellite communication provider Iridium (NASDAQ: IRDM) stock has been coming back down to earth since peaking at $54.65 a year ago.

Iridium Stock is Making a Soft Landing

MCLEAN, Va., Feb. 3, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Kathy Morgan has been named its Chief Legal Officer (CLO).

Iridium Names Kathy Morgan as New Chief Legal Officer

MCLEAN, Va., Jan. 27, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, February 17, 2022 at 8:30 a.m.

Iridium Announces Release Date for Fourth-Quarter 2021 Financial Results

Archaeologists test capabilities in Honduras for the next generation of the famed World War II Monuments Men and Women MCLEAN, Va., Jan. 19, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today shared its supporting role in the U.S. Army Reserve's recently reactivated Monuments Officers in partnership with the Virginia Museum of Natural History's (VMNH) Cultural Heritage Monitoring Lab (CHML).

Iridium Supports Reactivated Monuments Officers

Ron Baron (Trades, Portfolio), leader of Baron Capital Management, disclosed earlier this month his firm expanded its stake in Iridium Communications Inc. ( IRDM , Financial) by 15.21%.

Ron Baron Strengthens Iridium Communications Connection

MCLEAN, Va., Jan. 5, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Manjula Sriram has joined the company as Vice President & Chief Information Officer (CIO).

Iridium Names Manjula Sriram as New Chief Information Officer

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Virgin Galactic

Space stocks are set to blast off in 2022, but if Elon Musk starts focusing on SpaceX, the momentum could drive the sector to new heights. The post Elon Musk Could Send Space Stocks to the Moon in 2022.

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One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Thursday.

Cathie Wood's ARK Invest Dumps Over 380,000 Shares of Iridium Communications Stock

MCLEAN, Va, Dec. 27, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Chief Executive Officer Matthew Desch is scheduled to participate at the 24th Annual Needham Virtual Growth Conference on Monday, January 10, 2022 at 2:45 p.m. ET. A live webcast of the presentation will be available on the investor relations section of Iridium's website at https://investor.iridium.com/events.

IRIDIUM TO PARTICIPATE AT THE 24TH ANNUAL NEEDHAM VIRTUAL GROWTH CONFERENCE

MCLEAN, Va., Dec. 1, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Chief Financial Officer Thomas Fitzpatrick is scheduled to present virtually at the Barclays Global Technology, Media and Telecommunications Conference on Wednesday, December 8, 2021 at 9:10 a.m.

Iridium To Present At The Barclays Global Technology, Media And Telecommunications Conference

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Iridium (IRDM) reported earnings 30 days ago. What's next for the stock?

Why Is Iridium (IRDM) Down 0.8% Since Last Earnings Report?

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Cheaper access to space technology leading to a diversification in end-market users bodes well for the Zacks Satellite and Communication industry. Global security threats and increasing defense budgets might aid The Liberty SiriusXM Group (LSXMK), Iridium Communications (IRDM), and EchoStar (SATS).

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Iridium (IRDM) unveils Iridium Certus 100 "midband" service along with two partner products for land, air, sea, and industrial IoT applications.

News for Iridium Communications Stock (IRDM)