IRDM earnings
Iridium Communications Inc (IRDM) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Iridium Announces First Quarter 2026 ResultsMCLEAN, Va., April 23, 2026 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium" or the "Company"), a leading provider of global voice, data, and PNT satellite services, today reported financial results for the first quarter of 2026 and reiterated its full-year 2026 outlook. Iridium reported first quarter total revenue of $219.1 million, which consisted of $158.0 million of service revenue and $61.0 million of revenue related to equipment sales and engineering and support projects. Total revenue increased 2% versus the comparable period of 2025. Service revenue,
- Iridium Announces Release Date for First-Quarter 2026 Financial ResultsMCLEAN, Va., April 2, 2026 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice, data, and PNT satellite services, will host a conference call on Thursday, April 23, 2026 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2026 financial results. In advance of the call on April 23, 2026, Iridium will issue its first-quarter 2026 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time
- Iridium Announces 2025 Results; Issues 2026 OutlookMCLEAN, Va., Feb. 12, 2026 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice, data, and PNT satellite services, today reported financial results for the fourth quarter and full-year 2025 and issued its full-year 2026 guidance. Iridium reported fourth-quarter 2025 total revenue of $212.9 million, which consisted of $158.9 million of service revenue and $54.0 million of revenue related to equipment sales and engineering and support projects. Total revenue was in line with last year's comparable period, in part due to an inc
- Iridium Announces Release Date for Fourth-Quarter and Full Year 2025 Financial ResultsMCLEAN, Va., Jan. 22, 2026 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice, data, and PNT satellite services, will host a conference call on Thursday, February 12, 2026 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter and full year 2025 financial results. In advance of the call on February 12, 2026, Iridium will issue its fourth-quarter 2025 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the
- Iridium Announces Third Quarter 2025 Results; Updates Full-Year OutlookMCLEAN, Va., Oct. 23, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice, data, and PNT satellite services, today reported financial results for the third quarter of 2025 and updated its full-year 2025 outlook. During the quarter, the Company continued to strengthen its position in mission-critical communications and safety services, while delivering strong cash flow. "We continue to execute with discipline, focusing efforts on growth markets where our unique network delivers a competitive advantage, specifically in g
- Iridium Announces Release Date for Third-Quarter 2025 Financial ResultsMCLEAN, Va., Oct. 2, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice, data, and PNT satellite services, will host a conference call on Thursday, October 23, 2025 at 8:30 a.m. Eastern Time (ET) to discuss the Company's third-quarter 2025 financial results. In advance of the call on October 23, 2025, Iridium will issue its third-quarter 2025 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start ti
- Iridium Announces Second Quarter 2025 Results; Updates Full-Year OutlookMCLEAN, Va., July 24, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the second quarter of 2025 and updated its full-year 2025 outlook. Net income was $22.0 million, or $0.20 per diluted share, for the second quarter of 2025, as compared to net income of $32.3 million, or $0.27 per diluted share, for the second quarter of 2024. The decrease in net income was primarily the result of a one-time $19.8 million gain related to the acquisition of Satelles, Inc. recognized in the second quarter of 2024, which did not reoccur in 2025. Operational EBITDA ("OEBITDA")(
- Iridium Announces Release Date for Second-Quarter 2025 Financial ResultsMCLEAN, Va., July 3, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, July 24, 2025 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2025 financial results. In advance of the call on July 24, 2025, Iridium will issue its second-quarter 2025 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time t
- Iridium Announces First Quarter 2025 ResultsMCLEAN, Va., April 22, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the first quarter of 2025 and reiterated its full-year 2025 outlook. Net income was $30.4 million, or $0.27 per diluted share, for the first quarter of 2025, as compared to net income of $19.7 million, or $0.16 per diluted share, for the first quarter of 2024. Operational EBITDA ("OEBITDA")(1) for the first quarter was $122.1 million, as compared to $115.0 million for the prior-year period, representing a year-over-year increase of 6%.
- Iridium Announces Release Date for First-Quarter 2025 Financial ResultsMCLEAN, Va., March 31, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Tuesday, April 22, 2025 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2025 financial results. In advance of the call on April 22, 2025, Iridium will issue its first-quarter 2025 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time
- Iridium Announces 2024 Results, Issues 2025 OutlookReturned a record $469 million to shareholders in 2024MCLEAN, Va., Feb. 13, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2024 and issued its full-year 2025 guidance. Net income was $36.3 million, or $0.32 per diluted share, for the fourth quarter of 2024, as compared to net income of $38.0 million, or $0.30 per diluted share, for the fourth quarter of 2023. Operational EBITDA ("OEBITDA")(1) for the fourth quarter was $117.1 million, as compared to $114.1 million for the prior-year period, representing a year-over-year increase of 3%.
- Iridium Announces Release Date for Fourth-Quarter and Full Year 2024 Financial ResultsMCLEAN, Va., Jan. 23, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, February 13, 2025 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter and full year 2024 financial results. In advance of the call on February 13, 2025, Iridium will issue its fourth-quarter 2024 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the
- Iridium Announces Record Third-Quarter 2024 Results; Improves 2024 OEBITDA OutlookMCLEAN, Va., Oct. 17, 2024 /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 2024 and updated its full-year 2024 outlook. Net income was $24.4 million, or $0.21 per diluted share, for the third quarter of 2024, as compared to net loss of $1.6 million, or $0.01 per diluted share, for the third quarter of 2023. Operational EBITDA ("OEBITDA")(1) for the third quarter was a record $124.4 million, as compared to $121.3 million for the prior-year period. Net income benefitted from the year-over-year increases in service revenue, engineering and suppor
- Iridium Announces Release Date for Third-Quarter 2024 Financial ResultsMCLEAN, Va., Sept. 30, 2024 /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 17, 2024 at 8:30 a.m. Eastern Time (ET) to discuss the Company's third-quarter 2024 financial results. In advance of the call on October 17, 2024, Iridium will issue its third-quarter 2024 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 a
- Iridium Announces Second-Quarter 2024 ResultsMCLEAN, Va., July 23, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the second quarter of 2024 and reiterated its full-year 2024 outlook. Net income was $32.3 million, or $0.27 per diluted share, for the second quarter of 2024, as compared to net loss of $30.7 million, or $0.24 per diluted share, for the second quarter of 2023. Operational EBITDA ("OEBITDA")(1) for the second quarter was $114.0 million, as compared to $115.8 million for the prior-year period, representing a year-over-year decrease of 2%. Net income primarily benefitted from a year-over-year
- Iridium Announces Release Date for Second-Quarter 2024 Financial ResultsMCLEAN, Va., July 2, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Tuesday, July 23, 2024 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2024 financial results. In advance of the call on July 23, 2024, Iridium will issue its second-quarter 2024 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time to
- Iridium Announces First-Quarter 2024 Results– Completes acquisition of Satelles, Inc., its first ever acquisition, on April 1 MCLEAN, Va., April 18, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the first quarter of 2024 and reiterated its full-year 2024 outlook. Net income was $19.7 million, or $0.16 per diluted share, for the first quarter of 2024, as compared to net income of $9.8 million, or $0.08 per diluted share, for the first quarter of 2023. Operational EBITDA ("OEBITDA")(1) for the first quarter was $115.0 million, as compared to $111.9 million for the prior-year period, representing
- Iridium Announces Release Date for First-Quarter 2024 Financial ResultsMCLEAN, Va., March 28, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, April 18, 2024 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2024 financial results. In advance of the call on April 18, 2024, Iridium will issue its first-quarter 2024 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time
- Iridium Announces 2023 Results; Company Issues 2024 OutlookExtends estimate of useful life of satellites by five yearsMCLEAN, Va., Feb. 15, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2023 and issued its full-year 2024 guidance. Net income was $38.0 million, or $0.30 per diluted share, for the fourth quarter of 2023, as compared to net loss of $0.8 million, or $0.01 per diluted share, for the fourth quarter of 2022. Operational EBITDA ("OEBITDA")(1) for the fourth quarter was $114.1 million, as compared to $107.0 million for the prior-year period, representing a year-over-year increase of 7%. Net income benefitted from a year-over-year decrease in de
- Iridium Announces Release Date for Fourth-Quarter 2023 Financial ResultsMCLEAN, Va., Jan. 25, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, February 15, 2024 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter 2023 financial results. In advance of the call on February 15, 2024, Iridium will issue its fourth-quarter 2023 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled sta
- Iridium Announces Release Date for Third-Quarter 2023 Financial ResultsMCLEAN, 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. Eastern Time (ET) to discuss the Company's third-quarter 2023 financial results. In advance of the call on October 19, 2023, Iridium will issue its third-quarter 2023 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start
- Iridium Announces Second-Quarter 2023 Results; Reports Record Operational EBITDAMCLEAN, Va., July 25, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the second quarter of 2023 and reiterated its full-year 2023 outlook. Net loss was $30.7 million, or $0.24 per diluted share, for the second quarter of 2023, as compared to net income of $4.6 million, or $0.04 per diluted share, for the second quarter of 2022. Operational EBITDA ("OEBITDA")(1) for the second quarter was $115.8 million, as compared to $105.9 million for the prior-year period, representing a year-over-year increase of 9%. The net loss was primarily the result of the write-off
- Iridium Announces Release Date for Second-Quarter 2023 Financial ResultsMCLEAN, Va., June 30, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Tuesday, July 25, 2023 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2023 financial results. In advance of the call on July 25, 2023, Iridium will issue its second-quarter 2023 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time t
- Iridium Announces First Quarter 2023 ResultsMCLEAN, Va., April 20, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") today reported financial results for the first quarter of 2023 and reiterated its full-year 2023 outlook. Net income was $9.8 million, or $0.08 per diluted share, for the first quarter of 2023, as compared to net income of $2.8 million, or $0.02 per diluted share, for the first quarter of 2022. Operational EBITDA ("OEBITDA")(1) for the first quarter was $111.9 million, as compared to $103.2 million for the prior-year period, representing a year-over-year increase of 8%. These results benefitted from growth in all business areas.
- Iridium Announces Release Date for First-Quarter 2023 Financial ResultsMCLEAN, Va., March 30, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, April 20, 2023 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2023 financial results. In advance of the call on April 20, 2023, Iridium will issue its first-quarter 2023 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time to help ensure the conference call begins in a timely manner. The con
- Iridium Announces 2022 Results; Company Issues 2023 OutlookMCLEAN, Va., Feb. 16, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2022 and issued its full-year 2023 guidance. Net loss was $0.8 million, or $0.01 per diluted share, for the fourth quarter of 2022, as compared to net loss of $5.9 million, or $0.04 per diluted share, for the fourth quarter of 2021. Operational EBITDA ("OEBITDA")(1) for the fourth quarter was $107.0 million, as compared to $93.4 million for the prior-year period, representing a year-over-year increase of 15%. These results benefitted from gains in subscriber equipment and engineering and support, in addition to broad-based grow
- Iridium Announces Release Date for Fourth-Quarter 2022 Financial ResultsMCLEAN, Va., Jan. 24, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") will host a conference call on Thursday, February 16, 2023 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter 2022 financial results. In advance of the call on February 16, 2023, Iridium will issue its fourth-quarter 2022 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time to help ensure the conference call begins in a timely manner. T
- Iridium Announces Record Third-Quarter 2022 Results; Increases 2022 OutlookMCLEAN, Va., Oct. 20, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") today reported financial results for the third quarter of 2022 and updated its full-year 2022 outlook. Net income was $2.1 million, or $0.02 per diluted share, for the third quarter of 2022, as compared to net loss of $2.1 million, or $0.02 per diluted share, for the third quarter of 2021. This change in net income was primarily the result of growth in total revenue, which was broad based. Operational EBITDA ("OEBITDA")(1) for the third quarter was up 8% to a record $107.8 million, as compared to $100.2 million for the prior-year period, representing an OEBITDA margin(1) of 59%.
- Iridium Announces Release Date for Third-Quarter 2022 Financial ResultsMCLEAN, Va., Sept. 29, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") will host a conference call on Thursday, October 20, 2022 at 8:30 a.m. Eastern Time (ET) to discuss the Company's third-quarter 2022 financial results. In advance of the call on October 20, 2022, Iridium will issue its third-quarter 2022 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time to help ensure the conference call begins in a timely manner. The
- Iridium Announces Record Second-Quarter 2022 Results; Updates 2022 OutlookIncreases 2022 service revenue growth outlook to between 7% and 9%Increases 2022 operational EBITDA outlook to between $410 million and $420 millionMCLEAN, Va., July 26, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") today reported financial results for the second quarter of 2022 and updated its full-year 2022 outlook. Net income was $4.6 million, or $0.04 per diluted share, for the second quarter of 2022, as compared to net income of $3.8 million, or $0.03 per diluted share, for the second quarter of 2021. This change in net income was primarily the result of growth in total revenue, which was broad based. Operational EBITDA ("OEBITDA")(1) for the second quarter
- Iridium Announces Release Date for Second-Quarter 2022 Financial ResultsMCLEAN, Va., July 5, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") will host a conference call on Tuesday, July 26, 2022 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2022 financial results. In advance of the call on July 26, 2022, Iridium will issue its second-quarter 2022 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time to help ensure the conference call begins in a timely manner. The confere
- IRIDIUM ANNOUNCES FIRST-QUARTER 2022 RESULTSRecord Equipment Sales Driven by Strong DemandMCLEAN, Va., April 19, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") today reported financial results for the first quarter of 2022 and reiterated its full-year 2022 outlook. Net income was $2.8 million, or $0.02 per diluted share, for the first quarter of 2022, as compared to net loss of $5.2 million, or $0.04 per diluted share, for the first quarter of 2021. Operational EBITDA ("OEBITDA")(1) for the first quarter was $103.2 million, as compared to $89.8 million for the prior-year period, representing a year-over-year increase of 15% and an OEBITDA margin(1) of 61%.
- Iridium Announces Release Date for First-Quarter 2022 Financial ResultsMCLEAN, Va., March 30, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") will host a conference call on Tuesday, April 19, 2022 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2022 financial results. In advance of the call on April 19, 2022, Iridium will issue its first-quarter 2022 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time to help ensure the conference call begins in a timely manner. The confe
- Iridium Board of Directors Approves Additional $300 Million Share Repurchase ProgramMCLEAN, Va., March 7, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") today announced that its Board of Directors has authorized the repurchase of an additional $300 million of Iridium common stock through December 31, 2023. This is the second $300 million stock repurchase authorization from the Board of Directors in the past two years and underscores the ongoing success and growth of Iridium's business. In total, Iridium has the opportunity to retire $600 million worth of common stock from the public markets over a three-year period. Iridium has
- Iridium Announces 2021 Results; Company Issues 2022 OutlookMCLEAN, Va., Feb. 17, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2021 and issued its full-year 2022 guidance. Net loss was $5.9 million, or $0.04 per diluted share, for the fourth quarter of 2021, as compared to net loss of $7.9 million, or $0.06 per diluted share, for the fourth quarter of 2020. This improvement was primarily the result of higher commercial service revenue and lower interest expense. Operational EBITDA ("OEBITDA")(1) for the fourth quarter was $93.4 million, as compared to $84.8 million for the prior-year period, representing a year-over-year increase of 10% and an OEBITDA
- Iridium Announces Release Date for Fourth-Quarter 2021 Financial ResultsMCLEAN, Va., Jan. 27, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") will host a conference call on Thursday, February 17, 2022 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter 2021 financial results. In advance of the call on February 17, 2022, Iridium will issue its fourth-quarter 2021 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time to help ensure the conference call begins in a timely manner. T
- Iridium Announces Third-Quarter 2021 Results; Raises 2021 OutlookMCLEAN, Va., Oct. 19, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") today reported financial results for the third quarter of 2021 and updated its full-year 2021 outlook. Net loss was $2.1 million, or $0.02 per diluted share, for the third quarter of 2021, as compared to net loss of $4.0 million, or $0.03 per diluted share, for the third quarter of 2020. This decrease in net loss was primarily the result of operating profit improvements and lower net interest expenses. Operational EBITDA ("OEBITDA")(1) for the third quarter was a record breaking $100.2 million, as compared to $93.4 million for the prior-year period, representing a year-over-year increase of 7% an
- Iridium Announces Release Date For Third-Quarter 2021 Financial ResultsMCLEAN, Va., Sept. 28, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") will host a conference call on Tuesday, October 19, 2021 at 8:30 a.m. Eastern Time (ET) to discuss the Company's third-quarter 2021 financial results. In advance of the call on October 19, 2021, Iridium will issue its third-quarter 2021 earnings press release, which will be available on the investor relations page of the Company's website. To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call. Please dial in five minutes prior to the scheduled start time to help ensure the conference call begins in a timely manner. The c
- Iridium Announces Second-Quarter 2021 Results; Updates 2021 OutlookMCLEAN, Va., July 20, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium") today reported financial results for the second quarter of 2021 and updated its full-year 2021 outlook. Net income was $3.8 million, or $0.03 per diluted share, for the second quarter of 2021, as compared to net loss of $12.4 million, or $0.09 per diluted share, for the second quarter of 2020. This change in net income was primarily the result of growth in total revenue driven by strength in recurring service revenue. Operational EBITDA ("OEBITDA")(1) for the second quarter was up 11% to $94.8 million, as compared to $85.3 million for the prior-year period, representing an OEBITDA margin(1) of 63