Iridium (IRDM) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, Iridium Communications (IRDM) reported revenue of $203.85 million, down 0.7% over the same period last year. EPS came in at $0.16, compared to $0.08 in the year-ago quarter.The reported revenue represents a surprise of +3.58% over the Zacks Consensus Estimate of $196.81 million. With the consensus EPS estimate being $0.16, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...