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

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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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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Free cash flow

Iridium's (IRDM) performance is gaining from increasing subscriber base and a robust demand for consumer-oriented devices.

Iridium (IRDM) Gains 23% YTD: Will the Uptrend Continue?

Global satellite communications specialist Iridium Communications Inc. NASDAQ: IRDM has a lot going for it. The stock isn't exactly at new heights, but several of its characteristics look stellar.

Upbeat Analysts Project Promising Prospects For Iridium Stock

Iridium (IRDM) combines its Edge Solar with Laird Connectivity's low-powered sensors to help customers accelerate time to market.

Iridium (IRDM) Partners Laird to Extend IoT Capabilities

MCLEAN, Va. , May 24, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) is proud to announce that it has partnered with Laird Connectivity™, a global leader in wireless technology, to integrate their low-powered sensors with the self-charging Iridium Edge® Solar.

Iridium Edge Solar Integrates with Laird Connectivity Sensors to Expand Remote IoT Operations

MCLEAN, Va. , May 24, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Chief Executive Officer Matthew Desch is scheduled to participate at the 43rd Annual William Blair Growth Stock Conference on Wednesday, June 7, 2023 at 3:40 p.m.

Iridium to Participate at the William Blair Growth Stock Conference

Iridium (IRDM) launches and deploys five spare satellites using a SpaceX Falcon 9 rocket to further improve its satellite constellation.

Iridium (IRDM) Launches Spare Satellites Using SpaceX Rocket

MCLEAN, Va. , May 20, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today a key milestone in its long-term constellation resilience and redundancy planning, with the successful launch and deployment of five spare satellites.

Iridium Adds to Constellation Resilience with Launch of Spare Satellites

MCLEAN, Va. , May 15, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Jacqueline Yeaney has been elected to the Iridium Board of Directors, effective May 4, 2023.

Iridium Names Jacqueline Yeaney to Board of Directors

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Iridium Communications: Best Of Group For Near-Term Capital-Gain

Does Iridium Communications (IRDM) have what it takes to be a top stock pick for momentum investors? Let's find out.

Iridium Communications (IRDM) is a Great Momentum Stock: Should You Buy?

Iridium's (IRDM) first-quarter 2023 results benefit from momentum across all business segments.

Iridium (IRDM) Q1 Earnings & Revenues Beat Estimates, Up Y/Y

Iridium Communications Inc. (IRDM) Q1 2023 Earnings Call Transcript.

Iridium Communications Inc. (IRDM) Q1 2023 Earnings Call Transcript

Iridium reported Q1 earnings and revenue that topped Wall Street targets. IRDM stock climbed as the company reiterated its 2023 outlook.

Iridium Earnings, Revenue Top Wall Street Estimates

MCLEAN, Va. , April 20, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the first quarter of 2023 and reiterated its full-year 2023 outlook.

Iridium Announces First Quarter 2023 Results

Iridium's (IRDM) first-quarter 2023 performance is likely to have gained from increasing subscriber base and a robust demand for consumer-oriented devices. However, global macro weakness is expected to have remained a concern.

Iridium (IRDM) to Report Q1 Earnings: What's in the Offing?

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MCLEAN, Va. , March 30, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, April 20, 2023 at 8:30 a.m.

Iridium Announces Release Date for First-Quarter 2023 Financial Results

As the bank crisis grounds SVB Financial, Iridium discovers support, partnering with Qualcomm, Amazon. and NatGeo.

As Earthly Banks Crash, Satellite Leader Gets Galactic Support

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Space Is Far, But Investing In Space Is Closer To Home

Iridium posted a growing top line, thanks to its increasing subscribers. However, it showed decelerating YoY revenue growth outlook and has decelerating margins, which puts pressure on its short-term valuation.

Iridium: Improving Moat, But Wait For A Pullback

Iridium's (IRDM) fourth-quarter 2022 results benefit from an increase in service revenues and growth in the subscriber base.

Iridium (IRDM) Posts Loss in Q4, Revenues Beat Estimates

Start Time: 08:30 January 1, 0000 9:40 AM ET Iridium Communications Inc. (NASDAQ:IRDM ) Q4 2022 Earnings Conference Call February 16, 2023, 08:30 AM ET Company Participants Matthew Desch - CEO Thomas Fitzpatrick - CFO and Chief Administrative Officer Kenneth Levy - VP, IR Conference Call Participants Ric Prentiss - Raymond James Landon Park - Morgan Stanley Walter Piecyk - LightShed Mathieu Robilliard - Barclays Louie DiPalma - William Blair Hamed Khorsand - BWS Financial Chris Quilty - Quilty Analytics Operator Good day, and welcome to the Iridium Communications Fourth Quarter Earnings Conference Call. All participants will be in listen-only mode.

Iridium Communications Inc. (IRDM) Q4 2022 Earnings Call Transcript

Iridium stock climbed on fourth-quarter revenue that topped estimates while a partnership with Qualcomm is expected to deliver in 2024. The post Iridium Tops Views As It Waits For Qualcomm Deal To Deliver appeared first on Investor's Business Daily.

News for Iridium Communications Stock (IRDM)