Iridium Communications (IRDM) Q4 Earnings and Revenues Top Estimates

Iridium Communications (IRDM) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 900%. A quarter ago, it was expected that this satellite phone company would post earnings of $0.03 per share when it actually produced a loss of $0.01, delivering a surprise of -133.33%.Over the last four quart ...