Revenue segments as reported by the company.

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

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

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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

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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.

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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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Iridium Communications Has Come Back Down To Earth

MCLEAN, Va. , July 10, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced that for a second time, its Tempe, Arizona facility has received the James S.

Iridium Receives 2024 James S. Cogswell Outstanding Industrial Security Achievement Award

MCLEAN, Va. , July 2, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Tuesday, July 23, 2024 at 8:30 a.m.

Iridium Announces Release Date for Second-Quarter 2024 Financial Results

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The size of the 5G services market is expected to grow from $98.3 billion in 2023 to more than $427 billion by 2028. That equates to forecast compounding annual growth rates above 34% in that period.

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HUNTSVILLE, Ala.--(BUSINESS WIRE)-- #5G--Adtran, in partnership with Iridium Communications Inc. (NASDAQ: IRDM), today announced the European and Asia-Pacific launch of its synchronization solutions featuring Iridium® Satellite Time and Location (STL) technology, a significant step in countering growing threats to Global Navigation Satellite Systems (GNSS). Adtran's OSA 5405-S PTP compact grandmaster clock with STL capabilities and its OSA 5400 STL module are now available to timing network operators.

Adtran and Iridium strengthen PNT resilience in Europe and Asia-Pacific with Satellite Time and Location technology

Increased international demand from partners to accelerate market adoption worldwide MCLEAN, Va. , June 20, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced expanded commercial availability of its Satellite Time and Location (STL) service, the leading alternative positioning, navigation, and timing (PNT) solution.

Iridium Satellite Time and Location Service Activated for Europe and Asia Pacific Regions

Iridium (IRDM) secures a five-year contract from Space Systems Command valued at roughly $94 million with a potential total value of $103 million.

Iridium (IRDM) Wins $94M Contract From Space Systems Command

MCLEAN, Va. , June 4, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced it has been awarded a new five-year contract by the United States Space Force's Space Systems Command's Commercial Space Office (COMSO) for Enhanced Mobile Satellite Services (EMSS) capabilities and security sustainment services (ECS3).

Iridium Awarded Five-Year, $94 Million Contract by Space Systems Command

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Iridium partner American Aerospace received FAA approval for BVLOS drone operations on behalf of a recently announced oil and gas industry customer, based on proven Detect and Avoid aircraft right of way capability MCLEAN, Va. , May 15, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced a historic development for uncrewed aerial systems (UAS) operations beyond visual line of sight (BVLOS).

Watershed Moment for UAS: Iridium Connected Drones from American Aerospace Granted First FAA Waiver for BVLOS Commercial Operations

Iridium (IRDM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Is Trending Stock Iridium Communications Inc (IRDM) a Buy Now?

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Iridium Communications beats revenue estimates in its latest earnings report, with revenue of $203.85 million.

Iridium Communications Is A Momentum Buy On Forward Growth Potential

Iridium's (IRDM) first-quarter performance benefits from solid momentum in commercial business lines.

Iridium (IRDM) Q1 Earnings Match Estimates, Revenues Down Y/Y

Iridium Communications, Inc. (NASDAQ:IRDM ) Q1 2024 Earnings Conference Call April 18, 2024 8:30 AM ET Company Participants Kenneth Levy - VP, IR Matthew Desch - CEO Thomas Fitzpatrick - CFO Conference Call Participants Ric Prentiss - Raymond James Simon Flannery - Morgan Stanley Walter Piecyk - LightShed Chris Quilty - Quilty Space Hamed Khorsand - BWS Financial Louie DiPalma - William Blair Operator Good morning, and welcome to the Iridium Communications First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

Iridium Communications, Inc. (IRDM) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for Iridium (IRDM) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Iridium (IRDM) Reports Q1 Earnings: What Key Metrics Have to Say

Iridium Communications (IRDM) came out with quarterly earnings of $0.16 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.08 per share a year ago.

Iridium Communications (IRDM) Q1 Earnings Meet Estimates

–        Completes acquisition of Satelles, Inc., its first ever acquisition, on April 1 MCLEAN, Va. , April 18, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the first quarter of 2024 and reiterated its full-year 2024 outlook.

Iridium Announces First-Quarter 2024 Results

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Iridium (IRDM), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

Seeking Clues to Iridium (IRDM) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

Iridium's (IRDM) first-quarter performance is likely to have benefited from momentum in commercial service revenues and increasing subscriber base.

Factors to Note Ahead of Iridium's (IRDM) Q1 Earnings Release

Iridium (IRDM) secures a five-year contract from L3Harris Technologies to bolster the security of critical infrastructure for the FAA with the use of Iridium STL service.

News for Iridium Communications Stock (IRDM)