Extends estimate of useful life of satellites by five years MCLEAN, Va., Feb. 15, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2023 and issued its full-year 2024 guidance. Net income was $38.0 million, or $0.30 per diluted share, for the fourth quarter of 2023, as compared to net loss of $0.8 million, or $0.01 per diluted share, for the fourth quarter of 2022. Operational EBITDA ("OEBITDA")(1) for the fourt ...

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, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For th ...

MCLEAN, Va., Jan. 25, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, February 15, 2024 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter 2023 financial results. In advance of the call on February 15, 2024, Iridium will issue its fourth-quarter 2023 earnings press release, which will be available on the investor relations page of the Company's websi ...

Space is the final frontier. And thanks to technological advancements, ideas that were once science fiction are becoming increasingly possible. With billionaires such as Elon Musk and Jeff Bezos investing huge sums in space firms, the time is right for considering the best space stocks.It’s important to note that this in still an industry in its early days. That means many companies in the industry are more speculative. But, on the other hand, upside could be tremendous as today’s first movers in the space ...

Iridium Communications (IRDM) has unveiled Project Stardust, marking the evolution of its direct-to-device (D2D) strategy through the development of a 3GPP 5G standards-based Narrowband-Internet of Things (NB-IoT) Non-Terrestrial Network (NB-NTN) service.The solution will be integrated into Iridium's existing satellite network, which will position the company uniquely to deliver both proprietary and standardized D2D and IoT services globally. Iridium's low-Earth orbiting (LEO) satellites present a strategic ...

The company plans to upload NB-IoT NTN standards into its operational LEO constellationMCLEAN, Va., Jan. 10, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced Project Stardust, the evolution of its direct-to-device (D2D) strategy with 3GPP 5G standards-based Narrowband-Internet of Things (NB-IoT) Non-Terrestrial Network (NB-NTN) service development. As a new standards-based solution, it will be deployed on I ...

| --- | --- | --- | --- | |---------------------------------------|-------------------------|-------------------------|-------------------------| | ($ Millions, Except per Share) | 2021 Pro Forma Results | 2022 Pro Forma Results | 2023 Pro Forma Outlook | | Operational EBITDA (1) | $ 378 | $ 424 | $ 463 | | Hosted Payload Cash Timing (2) | ( $ 14) | ( $ 6) | ( $ 6) | | Working Capital (3) | ( $ 8) | ( $ 8) | ( $ 10) | | Iridium CapEx (4) | ( $ 45) | ( $ 68) | ( $ 75) | | Net Interest (5) | ( $ 66) | ( $ 62) ...

Iridium Communications, Inc. (NASDAQ:IRDM) Q3 2023 Earnings Conference Call October 19, 2023 8:30 AM ET Company Participants Kenneth Levy - Vice President of Investor Relations Matthew Desch - Chief Executive Officer Thomas Fitzpatrick - Chief Financial Officer and Chief Administrative Officer Conference Call Participants Ric Prentiss - Raymond James Hamed Khorsand - BWS Caleb Henry - Quality Space Edison Yu - Deutsche Bank Greg Mesniaeff - Westpark Capital Louie DiPalma - William Blair Operator Good mornin ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-33963 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2023 OR Iridium Communications Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) DE 26- ...

Iridium Communications, Inc. (NASDAQ:IRDM) Q2 2023 Earnings Conference Call July 25, 2023 8:30 AM ET Company Participants Kenneth Levy - Vice President of Investor Relations Matthew Desch - Chief Executive Officer Thomas Fitzpatrick - Chief Financial Officer and Chief Administrative Officer Conference Call Participants Ric Prentiss - Raymond James Chris Quilty - Quilty Analytics Hamed Khorsand - BWS Financial Mathieu Robilliard - Barclays Capital Louie DiPalma - William Blair Operator Good morning and welco ...