Edition:
India

Iridium Communications Inc (IRDM.OQ)

IRDM.OQ on NASDAQ Stock Exchange Global Select Market

22.62USD
24 May 2019
Change (% chg)

$0.08 (+0.35%)
Prev Close
$22.54
Open
$22.52
Day's High
$23.18
Day's Low
$22.52
Volume
200,413
Avg. Vol
313,441
52-wk High
$28.23
52-wk Low
$13.00

Latest Key Developments (Source: Significant Developments)

Iridium Communications Inc - Entered Into A Short-Term Extension Of Its Emss Contract With Defense Information Systems Agency - SEC Filing
Monday, 22 Apr 2019 

April 22 (Reuters) - Iridium Communications Inc ::IRIDIUM COMMUNICATIONS INC - ENTERED INTO A SHORT-TERM EXTENSION OF ITS EMSS CONTRACT WITH DEFENSE INFORMATION SYSTEMS AGENCY - SEC FILING.IRIDIUM COMMUNICATIONS INC - UNDER TERMS OF EXTENSION, U.S. GOVERNMENT WILL PAY IRIDIUM $8.3 MILLION FOR A ONE-MONTH PERIOD.IRIDIUM COMMUNICATIONS INC - EXPECTS PARTIES WILL REACH AGREEMENT ON NEW LONG-TERM CONTRACT WITHIN THIS ONE-MONTH PERIOD.  Full Article

Iridium Reports Q4 Loss Per Share Of $0.09
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Iridium Communications Inc ::IRIDIUM ANNOUNCES RECORD 2018 RESULTS; COMPANY ISSUES 2019 OUTLOOK.Q4 LOSS PER SHARE $0.09.Q4 EARNINGS PER SHARE ESTIMATE $-0.14 -- REFINITIV IBES DATA.Q4 REVENUE $132.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $128 MILLION.SEES TOTAL SERVICE REVENUE OF APPROXIMATELY $440 MILLION FOR FULL-YEAR 2019.SEES FULL-YEAR 2019 OEBITDA BETWEEN $325 MILLION AND $335 MILLION.EXPECTS IT WILL HAVE NEGLIGIBLE CASH TAXES THROUGH APPROXIMATELY 2023.FORECASTS LOWER EQUIPMENT SALES IN 2019 AS A RESULT OF A MORE NORMALIZED LEVEL OF HANDSET SALES.  Full Article

Iridium reports Q3 results; raises 2018 outlook
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Iridium Communications Inc ::IRIDIUM ANNOUNCES THIRD-QUARTER 2018 RESULTS; COMPANY RAISES 2018 OUTLOOK.Q3 LOSS PER SHARE $0.13.Q3 EARNINGS PER SHARE VIEW $-0.07 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE $136.8 MILLION VERSUS I/B/E/S VIEW $127.3 MILLION.2018 OUTLOOK FOR OEBITDA RAISED TO APPROXIMATELY $300 MILLION.2018 OUTLOOK FOR SERVICE REVENUE GROWTH RAISED TO APPROXIMATELY 14 PCT.  Full Article

Iridium To Simplify Adoption Of IoT Solutions With Amazon Web Services
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Iridium Communications Inc ::IRIDIUM TO SIMPLIFY ADOPTION OF IOT SOLUTIONS BEYOND CELLULAR COVERAGE WITH AMAZON WEB SERVICES.IRIDIUM COMMUNICATIONS - JOINED AMAZON WEB SERVICES PARTNER NETWORK AND HAS BEEN COLLABORATING WITH AWS ON DEVELOPMENT OF IRIDIUM CLOUDCONNECT.  Full Article

Iridium Announces Q2 Results, Raises 2018 Outlook
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Iridium Communications Inc ::IRIDIUM ANNOUNCES SECOND-QUARTER 2018 RESULTS; COMPANY RAISES 2018 OUTLOOK.Q2 LOSS PER SHARE $0.06.Q2 EARNINGS PER SHARE VIEW $-0.04 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $134.9 MILLION VERSUS I/B/E/S VIEW $120.5 MILLION.2018 OUTLOOK FOR SERVICE REVENUE GROWTH RAISED TO 12% TO 14%.2018 OUTLOOK FOR OEBITDA RAISED TO $290 TO $300 MILLION.SEES PEAK NET LEVERAGE OF APPROXIMATELY 6.0X OEBITDA IN 2018.  Full Article

Iridium announces Q3 earnings per share $0.23
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Iridium Communications Inc :Iridium announces third-quarter 2017 results; updates 2017 outlook.Q3 earnings per share $0.23.Q3 earnings per share view $0.18 -- Thomson Reuters I/B/E/S.Q3 revenue $116.5 million versus I/B/E/S view $114 million.Iridium Communications Inc - ‍Affirmed full-year 2017 outlook for total service revenue growth​.Iridium Communications- ‍Also affirmed long-range outlook for total service revenue growth, oebitda margin, peak net leverage and 2019 net leverage​.  Full Article