Iridium Communications (IRDM) Surpasses Q4 Earnings Estimates

Iridium Communications (IRDM) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +3.72%. A quarter ago, it was expected that this satellite phone company would post earnings of $0.26 per share when it actually produced earnings of $0.35, delivering a surprise of +34.62%.Over the last fou ...