Iridium Communications (IRDM) closed the last trading session at $31.63, gaining 12.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $40.50 indicates a 28% upside potential.The average comprises six short-term price targets ranging from a low of $30 to a high of $50, with a standard deviation of $6.75. While the lowest estimate indicates a decline of 5.2% from the current price l ...

Iridium Communications (IRDM) reported earnings per share (EPS) of 32 cents for the fourth quarter of 2024, beating the Zacks Consensus Estimate by 94%. The bottom line compared favorably with the prior quarter's figure of 30 cents per share.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Quarterly revenues were $213 million, up 9% from the year-ago level. The expansion is driven by increasing sales momentum across all its segments – service, subscriber equipment and engineering and ...

February 13th ended up being an excellent day for shareholders of satellite company Iridium Communications Inc. (NASDAQ: IRDM ). Shares of the business skyrocketed around 15% after news broke that management announced financial results for the finalCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account ...

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Iridium Communications Inc. (NASDAQ:IRDM) Q4 2024 Results Conference Call February 13, 2025 8:30 AM ET Company Participants Ken Levy - Vice President, Investor Relations Matt Desch - Chief Executive Officer of Iridium Communications Inc. Vincent O'Neill - CFO Conference Call Participants Edison Yu - Deutsche Bank Simon Flannery - Morgan Stanley Chris Quilty - Quilty Space Ric Prentiss - Raymond James Hamed Khorsand - BWS Colin Canfield - Cantor Walter Piecyk - LightShed Ventures Greg Mesniaeff - Kingswood C ...

For the quarter ended December 2024, Iridium Communications (IRDM) reported revenue of $212.99 million, up 9.4% over the same period last year. EPS came in at $0.31, compared to $0.30 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $203.78 million, representing a surprise of +4.52%. The company delivered an EPS surprise of +93.75%, with the consensus EPS estimate being $0.16.While investors closely watch year-over-year changes in headline numbers -- revenue and earni ...

Iridium Communications (IRDM) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 93.75%. A quarter ago, it was expected that this satellite phone company would post earnings of $0.20 per share when it actually produced earnings of $0.21, delivering a surprise of 5%.Over the last four qua ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________________________________________________ FORM 10-K _____________________________________________________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For th ...

FOR RELEASE THURSDAY, FEBRUARY 13, 2025 Investor Contact: Press Contact: Kenneth Levy Iridium Communications Inc. +1 (703) 287-7570 ken.levy@iridium.com Jordan Hassin Iridium Communications Inc. +1 (703) 287-7421 jordan.hassin@iridium.com Iridium Announces 2024 Results, Issues 2025 Outlook • Returned a record $469 million to shareholders in 2024 MCLEAN, Va. – February 13, 2025 – Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2024 a ...

Returned a record $469 million to shareholders in 2024MCLEAN, Va., Feb. 13, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2024 and issued its full-year 2025 guidance. Net income was $36.3 million, or $0.32 per diluted share, for the fourth quarter of 2024, as compared to net income of $38.0 million, or $0.30 per diluted share, for the fourth quarter of 2023. Operational EBITDA ("OEBITDA")(1) for the fourth qu ...