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

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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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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

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Earnings data Q1 2023

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Earnings data Q4 2023

Earnings data Q1 2024

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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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ARK Innovation ETF

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Rocket Lab USA

Virgin Galactic

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ViaSat

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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.

Iridium Tops Views As It Waits For Qualcomm Deal To Deliver

MCLEAN, Va. , Feb. 16, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2022 and issued its full-year 2023 guidance.

Iridium Announces 2022 Results; Company Issues 2023 Outlook

Iridium's (IRDM) fourth-quarter 2022 performance is likely to benefit from a growing subscriber base and a robust demand for consumer-oriented devices.

Factors to Note Ahead of Iridium (IRDM) Q4 Earnings Release

MCLEAN, Va. , Jan. 31, 2023 /PRNewswire/ -- Iridium Communications (Nasdaq: IRDM) today unveiled the most capable, ultra-portable solution for truly global connections to all smartphones, tablets and laptops – a new class of personal satellite communication device called the Iridium GO!

The New Iridium GO! exec Redefines Personal Off-the-Grid Connectivity

MCLEAN, Va. , Jan. 24, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, February 16, 2023 at 8:30 a.m.

Iridium Announces Release Date for Fourth-Quarter 2022 Financial Results

QUALCOMM

Qualcomm's partnership with Iridium brings satellite-based messaging technology to phones, laptops and other devices, providing new opportunities for connectivity in any location.

Qualcomm's partnership with Iridium takes connectivity to new heights

Iridium's partner for satellite-based smartphone services turns out to be chipmaker Qualcomm, though Samsung could still figure in its plans. The post Iridium, Qualcomm To Partner In Satellite-Based Smartphone Text Services appeared first on Investor's Business Daily.

Iridium, Qualcomm To Partner In Satellite-Based Smartphone Text Services

Iridium (IRDM) and Qualcomm Technologies to support satellite messaging and emergency services in premium Android smartphones in select regions from the second half of 2023.

Iridium (IRDM) and Qualcomm to Enable Satellite Messaging

MCLEAN, Va. , Jan. 5, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced it has entered into an agreement with Qualcomm Technologies, Inc. to enable satellite messaging and emergency services in smartphones powered by Snapdragon® Mobile Platforms.

Iridium and Qualcomm Collaborate to Support Satellite Messaging in Smartphones

Qualcomm Inc has partnered with Iridium Communications Inc to provide a satellite-based messaging service on premium smartphones running Google's Android operating system, the chipmaker said on Thursday.

Qualcomm, Iridium partner to bring satellite-based messaging to Android phones

Qualcomm Inc. is looking to leapfrog Apple Inc. by offering emergency satellite phone service using Android smartphones, with specific product announcements expected by the middle of the year.

Qualcomm jumps into emergency services with Snapdragon Satellite, in cooperation with Iridium

For the past several CESes, Qualcomm's big announcements have largely revolved around automotive news. There will likely still be a fair bit of that this week, as well, but the company just announced an upcoming mobile feature in this down time between the Snapdragon Summit and MWC.

Qualcomm partners with Iridium to bring satellite messaging to Android phones

The two companies said said they are introducing technology that would allow smartphone users to send and receive messages via satellite when regular cellular connectivity isn't available.

Qualcomm, Iridium Take Aim at Satellite-to-Mobile Phone Market

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Iridium (IRDM) launches the Iridium Messaging Transport to make it easier for developers to add satellite connectivity to IoT solutions.

Iridium (IRDM) Unveils Iridium Messaging Transport Solution

Iridium Messaging Transport (IMT) simplifies the development of satellite IoT services MCLEAN, Va. , Dec. 21, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced the service introduction of Iridium Messaging TransportSM (IMTSM), a two-way cloud-native networked data service optimized for use over Iridium Certus® and designed to make it easier to add satellite connections to existing or new IoT solutions.

Iridium Introduces its Next Generation Satellite IoT Data Service

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Kratos Defense & Security Solutions

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The company has created a special program to support Smithsonian scientists advancing conservation through the science of animal tracking MCLEAN, Va. , Dec. 14, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) announced it has created a first-of-its-kind program in support of the Smithsonian Institution's Movement of Life  Initiative, which advances conservation through the science of animal tracking.

Iridium and Smithsonian's Movement of Life Initiative Team Up to Help Protect Endangered and Threatened Species

Iridium is the IBD Stock Of The Day amid speculation over its push into satellite-based smartphone services and a Samsung partnership. The post Iridium Bucks Bear Market Amid Speculation Over Samsung Deal appeared first on Investor's Business Daily.

Iridium Bucks Bear Market Amid Speculation Over Samsung Deal

Iridium's (IRDM) Board of Directors declares a quarterly dividend program of 13 cents per share, which is payable on Mar 30, 2023.

Iridium (IRDM) Launches First Quarterly Dividend Program

MCLEAN, Va. , Dec. 8, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced that its Board of Directors has initiated a quarterly dividend program and declared the first ever cash dividend on its common stock of $0.13 per share.

News for Iridium Communications Stock (IRDM)