Iridium(IRDM)

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Compared to Estimates, Iridium (IRDM) Q4 Earnings: A Look at Key Metrics
ZACKS· 2025-02-13 15:36
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) Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2025-02-13 14:15
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 ...
Iridium(IRDM) - 2024 Q4 - Annual Report
2025-02-13 12:01
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 ...
Iridium(IRDM) - 2024 Q4 - Annual Results
2025-02-13 12:01
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 ...
Iridium Announces 2024 Results, Issues 2025 Outlook
Prnewswire· 2025-02-13 12:01
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 ...
Iridium Announces Release Date for Fourth-Quarter and Full Year 2024 Financial Results
Prnewswire· 2025-01-23 12:00
MCLEAN, Va., Jan. 23, 2025 /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 13, 2025 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter and full year 2024 financial results. In advance of the call on February 13, 2025, Iridium will issue its fourth-quarter 2024 earnings press release, which will be available on the investor relations page of the C ...
Iridium to Participate at 27th Annual Needham Growth Conference
Prnewswire· 2025-01-02 22:22
MCLEAN, Va., Jan. 2, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today announced that Company executives would participate at the 27th Annual Needham Growth Conference on Tuesday, January 14, 2025 at 4:30 p.m. ET. A presentation from the conference will be webcast on the Investor Relations section of Iridium's website at http://investor.iridium.com/events. The webcast will be archived at the same location ...
Signal Boost: 2 Key Satellite Stocks Driving Industry Growth
MarketBeat· 2024-12-16 12:22
The global demand for seamless connectivity is soaring, fueling a multi-billion dollar boom in the satellite communication sector, which is projected to grow from $220 billion to $630 billion over the next seven years. This unprecedented growth is driven by the need for reliable communication access to even the most remote locations, and it presents a unique opportunity for investors. But with multiple companies employing a diverse range of technologies and strategies, how can investors effectively navigate ...
Blynk Selected by Iridium as Pre-Integrated Software Solution for their New Satellite IoT Development Kit
Prnewswire· 2024-12-12 18:15
MIAMI, Dec. 12, 2024 /PRNewswire/ -- Blynk, the leading Low-Code IoT SaaS platform, has partnered with Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, in support of the new Iridium Certus™ 9704 Development Kit, an end-to-end product evaluation tool for the Iridium Certus 9704 module. This partnership allows engineering teams to jumpstart their projects with Iridium's new hardware using Blynk's powerful IoT platform, creating an ideal environm ...
Iridium Transforms Satellite IoT with the Launch of Revolutionary Iridium Certus 9704 Module
Prnewswire· 2024-12-12 12:01
The new module is supported by the Iridium Certus 9704 Development Kit, and is ideal for data, audio messages and image transfers, while positioning companies as more future ready in anticipation of Satellite AIoTMCLEAN, Va., Dec. 12, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today launched the Iridium Certus™9704, its newest IoT module, and Iridium Certus 9704 Development Kit. This transformational new module, fea ...