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Iridium Unveils Iridium Certus GMDSS: Defining a New Standard in Maritime Safety and Communications
Prnewswire· 2024-09-03 10:01
MCLEAN, Va., Sept. 3, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today unveiled Iridium Certus® GMDSS, a generational advancement in maritime safety, compliance, and communication. Building on the powerful capabilities of Iridium Certus technology, Iridium Certus GMDSS features distress alert, safety voice and Maritime Safety Information (MSI), while integrating additional regulated services like Long Range Identification and Tracking (LRIT) and Ship Security Alert System (SSAS). The co ...
Iridium Network becomes first center in the world to use RayCare and TrueBeam to treat a patient
Prnewswire· 2024-09-03 07:17
STOCKHOLM, Sept. 3, 2024 /PRNewswire/ -- RaySearch Laboratories AB (publ) is pleased to announce that Iridium Network in Belgium has treated its first patient using RaySearch's oncology information system RayCare®* together with a Varian TrueBeam®** linear accelerator. The treatment was successfully carried out on September 2, 2024. Since its establishment in 2006, Iridium Network has grown to become the largest radiotherapy network in Belgium, providing highly specialized radiation oncology for three hospi ...
Why Is Iridium (IRDM) Up 1.1% Since Last Earnings Report?
ZACKS· 2024-08-22 16:36
It has been about a month since the last earnings report for Iridium Communications (IRDM) . Shares have added about 1.1% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Iridium due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Iridium Q2 Earnings Beat Estimates Ir ...
Iridium Announces Executive Retirements; Names Vincent O'Neill as New Chief Financial Officer and Timothy Last as new Executive Vice President, Sales and Marketing, each effective January 1, 2025
Prnewswire· 2024-08-21 11:00
MCLEAN, Va., Aug. 21, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Thomas J. Fitzpatrick, 66, the Company's Chief Financial Officer (CFO) and Chief Administrative Officer and Bryan J. Hartin, 60, Executive Vice President, Sales and Marketing, plan to retire at year-end. Mr. Fitzpatrick will continue to serve on the Company's Board of Directors after his retirement as CFO. The Company named Vincent O'Neill as its new Chief Financial Officer and Timothy Last as the new ...
Why Iridium Communications (IRDM) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-08-13 14:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks S ...
7 Space Exploration Stocks That Could Pioneer New Frontiers
Investor Place· 2024-08-13 14:30
Ongoing developments in next generation launch vehicles, as well as lunar missions, together with the rising interest of the private sector in space exploration, make space explorations stocks potentially lucrative targets for investors. The rivalry between the two global superpowers is growing ever more heated, and both the United States and China are pouring money into space exploration and development, from satellites to moon landing missions. Space exploration stocks could then be potentially lucrative ...
Iridium (IRDM) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2024-07-25 17:00
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Therefore, the Zacks rating upgrade for Iridium basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. The change in a company's future earnings potential, as reflected in earnings estimate r ...
Here's Why Iridium Communications (IRDM) is a Strong Growth Stock
ZACKS· 2024-07-25 14:46
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. What are the Zacks Style Scores? The Style Scores are broken down into four categories: Growth Score Momentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the tre ...
Iridium (IRDM) Q2 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2024-07-24 14:05
2024 Guidance Reiterated The company expects cash taxes to remain below $10 million annually through 2026. It aims to reduce net leverage below 4.0 times OEBITDA through 2026 and eventually below 2.0 times by the end of the decade. Iridium currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. BlackBerry's (BB) reported first-quarter fiscal 2025 adjusted adjusted loss per share of 3 cents, narrower than the company's estimate of a loss of 4 ...
Iridium(IRDM) - 2024 Q2 - Earnings Call Transcript
2024-07-23 19:03
Iridium Communications, Inc. (NASDAQ:IRDM) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants Kenneth Levy - Vice President of Investor Relations Matthew Desch - Chief Executive Officer Thomas Fitzpatrick - Chief Financial Officer Conference Call Participants Ric Prentiss - Raymond James Simon Flannery - Morgan Stanley Hamed Khorsand - BWS Financial Chris Quilty - Quilty Space Mathieu Robilliard - Barclays Bryce Sandberg - William Blair Operator Good morning and welcome to the Ir ...