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

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Margins

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

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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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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MCLEAN, Va., Jan. 21, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, February 11, 2021 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter 2020 financial results. In advance of the call on February...

Iridium Announces Release Date For Fourth-Quarter 2020 Financial Results

The past year has been a wild time for Iridium Communications, as shares of the firm have soared. Management continues to provide improved outlooks for the firm and its fundamental condition is solid.

Iridium Communications: Lofty Today But Long-Term Room To Run

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Concord, Ontario, January 11, 2021 – Ultrack Systems Inc. (OTC US: MJLB), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that the Company has entered into contractual agreement with both Kore Wireless and Iridium Satellite in a strategic effort to expand Ultrack services worldwide. Ultrack renegotiated an existing Kore […]

Ultrack Systems (OTC US: MJLB) Expands Worldwide Through Iridium Satellite (NASDAQ: IRDM) and Kore Wireless Contract

Iridium's (IRDM) Edge Solar is a standalone and programmable, solar-powered device with Bluetooth capability for wireless sensor integration and local device connectivity.

Iridium (IRDM) Boosts Remote Asset Tracking With Edge Solar

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The Global Maritime Distress and Safety System (GMDSS) now covers 100% of the globe with real-time satellite connectivity for the first time MCLEAN, Va., Dec. 15, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced a historic achievement with the launch of the...

World's First Truly Global, Real-Time Maritime Emergency Service Launched by Iridium

MCLEAN, Va., Dec. 15, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") is hosting a virtual press conference this morning (Tuesday, December 15) at 9:00 a.m. Eastern Time (ET), to share a historic maritime and satellite industry announcement. The event includes...

Iridium to Make Historic Satellite and Maritime Industry Announcement

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

Why Is Iridium (IRDM) Up 12.9% Since Last Earnings Report?

MCLEAN, Va., Nov. 11, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced that Kobelco Construction Machinery Co., Ltd. (KCM), a leading original equipment manufacturer (OEM), has integrated Iridium's two-way satellite communications into its hydraulic excavator...

Kobelco Partners with Iridium to Enable Truly Global Remote Asset Tracking for Fleet Management Systems

Iridium Communications increased full-year guidance again, and is now well into free-cash-flow-positive territory.

This Space Economy Stock Remains One of Just a Few Generating Positive Cash Flow

Iridium's (IRDM) third-quarter 2020 results reflect growing subscriber base and higher service revenues with robust subscriber equipment demand.

Iridium (IRDM) Reports Narrower Q3 Loss, Ups 2020 Outlook

Iridium Communications' (IRDM) CEO Matt Desch on Q3 2020 Results - Earnings Call Transcript

Shares of Iridium Communications (NASDAQ:IRDM) remained unaffected after the company reported Q3 results. Quarterly Results Earnings per share increased 78.57% year over year to ($0.03), which beat the estimate of ($0.11).

Iridium Communications: Q3 Earnings Insights

MCLEAN, Va., Oct. 20, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the third quarter of 2020 and updated its full-year 2020 outlook. Net loss was $4.0 million, or $0.03 per diluted share, for the third quarter of 2020, as...

Iridium Announces Third-Quarter 2020 Results; Improves 2020 Outlook

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Iridium Communications Q3 2020 Earnings Preview

MCLEAN, Va., Oct. 7, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), whose technology provides connections beyond where terrestrial cell phones are used, today announced their data shows consumers are indeed heading far off the grid during the COVID-19 pandemic and...

Iridium® Satellite Data Confirms Consumers are Increasingly Staying Connected when Going Off-the-Grid During COVID-19 Pandemic

MCLEAN, Va., Sept. 29, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced commercial availability of its newest standalone asset management device, Iridium Edge Pro. The latest addition to the Iridium Edge family of products, Iridium Edge Pro is the company's...

Iridium Edge® Pro Brings Programmable Intelligence to Asset Management Beyond Terrestrial Coverage

MCLEAN, Va., Sept. 29, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Tuesday, October 20, 2020 at 8:30 a.m. Eastern Time (ET) to discuss the Company's third-quarter 2020 financial results. In advance of the call on October 20,...

Iridium Announces Release Date For Third-Quarter 2020 Financial Results

MCLEAN, Va., Sept. 23, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced SKYTRAC as the newest aviation Value Added Manufacturer (VAM) for the Iridium Certus 9810 transceiver. Already an Iridium Certus service provider, SKYTRAC will now be able to both...

SKYTRAC Becomes the Newest Aviation Terminal Manufacturer Using the Iridium Certus­™ 9810 Transceiver

Why Is Iridium (IRDM) Up 0.9% Since Last Earnings Report?

MCLEAN, Va., Aug. 13, 2020 /PRNewswire/ -- Iridium Communications Inc.

Iridium Announces Beta Partners to Validate its New Iridium Edge® Solar Remote Asset Management Device

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Iridium Communications sees its Relative Strength Rating reach the 80-plus level.
The post Iridium Communications Clears Technical Benchmark, Hitting 80-Plus RS Rating appeared first on Investor's Business Daily.

News for Iridium Communications Stock (IRDM)