Here's What Key Metrics Tell Us About Iridium (IRDM) Q3 Earnings

For the quarter ended September 2024, Iridium Communications (IRDM) reported revenue of $212.77 million, up 7.7% over the same period last year. EPS came in at $0.21, compared to -$0.01 in the year-ago quarter. The reported revenue represents a surprise of +3.45% over the Zacks Consensus Estimate of $205.68 million. With the consensus EPS estimate being $0.20, the EPS surprise was +5.00%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectation ...