Revenue segments as reported by the company.

Services

Subscriber Equipment

Engineering & Support Service

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Iridium Communications

Iridium Communications, Inc. engages in the provision of global satellite communications services and products. Its products include personal communicators, messengers, and trackers, satellite phones, push-to-talk-devices, broadband, midband, and external terminals, docking stations, apps, and accessories. It offers its services to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers via satellite network. The company was founded in 2000 and is headquartered in McLean, VA.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Iridium Communications excels in 2022, poised for growth ahead

Iridium Communications delivered a stellar performance in 2022, surpassing expectations and setting the stage for continued growth in 2023. The company's strategic partnerships, financial outlook, and focus on innovation position it well for future success.
While facing competition and payment structure uncertainties, Iridium's strengths in diverse services, customer base, and market positioning offer resilience and growth potential. Balancing challenges with opportunities, the company remains agile and forward-thinking in navigating the evolving landscape.
Investors can look forward to Iridium's momentum in 2023, driven by core business growth, new revenue streams, and a clear vision for the future. The company's commitment to sustainability, innovation, and community impact underpins its long-term strategy and value proposition.

Iridium Communications reports robust Q1 earnings, eyes IoT growth

Iridium Communications delivered strong financial performance in Q1 2023, with revenue and EBITDA growth across key segments. The company remains focused on shareholder value through dividends and share repurchases.
Challenges include potential revenue delays in automotive integration and managing seasonal fluctuations in subscriber adds. However, opportunities in IoT, new technologies, and strategic investments position Iridium for future growth.
Investors can look forward to insights on long-term growth projections at the upcoming Investor Day. Overall, Iridium's strategic initiatives and financial performance indicate a positive outlook for the company's future.

Iridium Communications reports robust Q2 performance and eyes growth opportunities

Iridium Communications showcased strong financial performance, strategic focus on niche services, and growth opportunities in emerging markets like UAV connectivity and autonomous aircraft. Despite challenges in equipment revenue and SG&A expenses, the company remains resilient and aims for moderation in expense growth. Management anticipates discussing long-term potential opportunities at an upcoming Investor Day in September.

Iridium reports robust Q3 results, eyes growth amid supply challenges

Iridium Communications delivered solid financial performance in Q3 2023, driven by revenue growth and record operational EBITDA, despite challenges in equipment sales.
The company's strategic strengths include ambitious revenue targets, a healthy cash balance, and updated guidance reflecting growth prospects.
While facing challenges such as supply chain issues and increased expenses, Iridium has opportunities to leverage partnerships and market demand for future growth.
Overall, Iridium's performance highlights resilience and potential for expansion in key market segments, supported by strategic initiatives and financial stability.

Iridium Communications excels in Q4, eyes $1B revenue milestone

Iridium Communications demonstrated strong financial performance, strategic foresight, and resilience in the face of industry dynamics, positioning itself for continued growth.
While facing challenges such as ARPU fluctuations and inventory management, the company is leveraging opportunities in IoT, aviation services, and R&D to drive future success.
Investors can be optimistic about Iridium's trajectory, with a clear roadmap for revenue growth, operational targets, and technological advancements shaping its competitive edge.

Iridium reports robust Q1 results, eyes Satelles for future growth

Iridium Communications showcased strong financial performance in Q1 2024, driven by service revenue growth and operational EBITDA.
The Satelles acquisition enhances Iridium's leadership in satellite-based services, with revenue projections exceeding $100 million annually by 2030.
Analyst inquiries focused on the impact of Satelles, free cash flow guidance adjustments, and revenue synergies.
Strategic investments in IoT, mid-band services, and directed device initiatives position Iridium for long-term growth.

Iridium Communications (IRDM) excels in Q2, eyes growth in IoT and emerging markets

Iridium Communications (IRDM) delivers a strong Q2 performance with revenue growth, subscriber expansion, and strategic investments driving operational success.
Challenges in managing service revenue guidance, market trends, and competitor impacts require proactive strategies and continuous innovation.
Opportunities in emerging markets, partnerships, and margin optimization position Iridium for sustained growth and market leadership.
Management's transparency, financial stability, and global resilience underscore the company's commitment to long-term success and shareholder value.

Iridium reports strong Q3 earnings, eyes growth through innovation

Iridium Communications demonstrated solid financial performance in Q3, driven by revenue growth and operational EBITDA hitting a record high of $124.4 million.
The company's strategic partnerships, innovative product launches, and focus on returning value to shareholders position it well for future growth and market leadership.
While facing challenges like CFO transition and operational integration, Iridium has opportunities to capitalize on market demand, expand product offerings, and enhance shareholder value.

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The company plans to upload NB-IoT NTN standards into its operational LEO constellation MCLEAN, Va. , Jan. 10, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced Project Stardust, the evolution of its direct-to-device (D2D) strategy with 3GPP 5G standards-based Narrowband-Internet of Things (NB-IoT) Non-Terrestrial Network (NB-NTN) service development.

Iridium Unveils Project Stardust; Developing the Only Truly Global, Standards-Based IoT and Direct-to-Device Service

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Iridium Communications is a global satellite communications company with extensive coverage in remote and challenging environments. Their competitive advantages include a robust LEO satellite constellation, interlinked mesh architecture, and the use of the resilient L-band spectrum. The company now has the opportunity to leverage the low incremental cost of adding new users against the backdrop of their high initial capital cost infrastructure.

Beyond The Horizon: A Primer On Iridium Communications

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Cathie Wood's Playbook: 7 Stocks to Mimic Her Rate Hike Strategy

MCLEAN, Va. , Dec. 5, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced the launch of the Iridium® Global Maritime Distress and Safety System Academy (GMDSS Academy).

Iridium Launches GMDSS Academy

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Qualcomm terminates its partnership with Iridium Communications, causing shares to drop some. IRDM remains optimistic about achieving significant growth and $1 billion in service revenue by 2030. Current performance shows growth in subscribers and revenue, but it may not be an ideal time to invest in the company due to how shares are priced.

Iridium Communications Descent Doesn't Change The Bigger Picture

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The move comes as major players pursue the nascent market to connect unmodified phones directly to satellites.

Iridium announces end of Qualcomm satellite-to-phone partnership

MCLEAN, Va. , Nov. 9, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global personal satellite communications, today announced an update to its relationship with Qualcomm Technologies, Inc. (Qualcomm), a subsidiary of QUALCOMM Incorporated.

Iridium Announces New D2D Direction

MCLEAN, Va. , Nov. 1, 2023  /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global personal satellite communications, marked a historic moment in the world of satellite communications, celebrating the 25th anniversary of truly global services provided by the Iridium® network with events held in Arizona and Virginia.

Iridium Celebrates 25 Years of Innovation, Transformation and Global Connectivity

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Iridium's (IRDM) third-quarter 2023 top line benefits from continued momentum in the Service segment's performance. However, the bottom line is affected by refinancing costs.

Iridium (IRDM) Incurs Loss in Q3, Misses Revenue Estimates

Iridium Communications, Inc. (IRDM) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for Iridium (IRDM) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Iridium (IRDM) Q3 Earnings: A Look at Key Metrics

Iridium Communications (IRDM) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.02 per share a year ago.

Iridium Communications (IRDM) Reports Q3 Loss, Misses Revenue Estimates

MCLEAN, Va. , Oct. 19, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the third quarter of 2023 and updated its full-year 2023 outlook.

Iridium Announces Third-Quarter 2023 Results; Reports Record Operational EBITDA; Updates Guidance

Iridium's (IRDM) third-quarter performance is likely to have benefited from momentum in the Service, and Engineering and Support Service segments.

Factors to Note Ahead of Iridium's (IRDM) Q3 Earnings Release

MCLEAN, Va. , Sept. 28, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, October 19, 2023 at 8:30 a.m.

Iridium Announces Release Date for Third-Quarter 2023 Financial Results

Iridium (IRDM) receives a five-year contract from the U.S. Space Force to enhance the capabilities of DoD's SATCOM portfolio.

Iridium (IRDM) Receives Major Contract From U.S. Space Force

MCLEAN, Va. , Sept. 12, 2023  /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced it has been awarded a five-year base Indefinite Delivery, Indefinite Quantity (IDIQ) contract with one five-year option by the U.S. Space Force for Iridium Certus® services.

DISA and U.S. Space Force Award Iridium PLEO Satellite-Based Services Contract

Iridium (IRDM) collaborates with XCMG to maintain crucial connectivity for its heavy equipment.

Iridium's (IRDM) IoT Services Boost XCMG's Heavy Machinery

MCLEAN, Va. , Sept. 6, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, announced today that Xuzhou Construction Machinery Group (XCMG), a leading global heavy original equipment manufacturer (OEM), will deploy Iridium® IoT services on its global fleet of heavy equipment, starting with excavators and expanding to loaders and crane trucks as needed.

News for Iridium Communications Stock (IRDM)