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Iridium Communications Inc (IRDM.OQ)

IRDM.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

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

Inmarsat faces U.S., Chinese competition in maritime safety

LONDON, May 22 Britain's Inmarsat will lose its monopoly in maritime safety communications after the International Maritime Organisation gave Iridium and China's BeiDou Navigation Satellite System the green light to develop competing systems.