Why Is Iridium (IRDM) Up 1.1% Since Last Earnings Report?

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 ...