Profile
Sector:
Communication ServicesIndustry:
Telecom ServicesCountry:
United StatesIPO:
20 March 2008Website:
http://www.iridium.comNext earnings report:
25 July 2024Last dividends:
14 June 2024Next dividends:
N/APrice
after hours | Fri, 28 Jun 2024 20:26:11 GMTAnalysts recommendations
Institutional Ownership
IRDM Latest News
Increased international demand from partners to accelerate market adoption worldwide MCLEAN, Va. , June 20, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced expanded commercial availability of its Satellite Time and Location (STL) service, the leading alternative positioning, navigation, and timing (PNT) solution.
Iridium (IRDM) secures a five-year contract from Space Systems Command valued at roughly $94 million with a potential total value of $103 million.
MCLEAN, Va. , June 4, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced it has been awarded a new five-year contract by the United States Space Force's Space Systems Command's Commercial Space Office (COMSO) for Enhanced Mobile Satellite Services (EMSS) capabilities and security sustainment services (ECS3).
According to Green Rush host Matt Watson, the demand for iridium and ruthenium in industrial sectors exceeds the available mined supply, highlighting the importance of recycling.
Iridium (IRDM) had a strong first quarter performance thanks to the solid momentum in its commercial business segments.
While the revenue and EPS of Iridium (IRDM) offer insight into its performance in the quarter ending March 2024, it could be beneficial to analyze how certain important metrics stack up against both Wall Street projections and the figures from the previous year.
Iridium Communications (IRDM) reported quarterly earnings of $0.16 per share, which matched the Zacks Consensus Estimate. This is an improvement from earnings of $0.08 per share in the same quarter last year.
Iridium (IRDM) is expected to see positive results in the first quarter due to growth in commercial service revenues and a growing subscriber base.
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Iridium (IRDM) has been awarded a five-year contract by L3Harris Technologies to enhance the security of critical infrastructure for the FAA through the use of Iridium STL service.
What type of business is Iridium Communications?
Iridium Communications Inc. is a commercial provider of communication services, offering global coverage through a satellite network from anywhere in real-time. The L-band satellite network provides reliable communication services in regions of the world where ground networks do not exist or are limited, including remote land areas, open oceans, air routes, polar regions, and regions affected by political conflicts or natural disasters. The company was founded in 2001 and is headquartered in McLean, Virginia, USA. The company provides voice and data transmission services for businesses, the US government and other countries, non-governmental organizations, and consumers through a satellite network, which consists of 66 operational satellites with orbital and ground components and corresponding ground infrastructure.
What sector is Iridium Communications in?
Iridium Communications is in the Communication Services sector
What industry is Iridium Communications in?
Iridium Communications is in the Telecom Services industry
What country is Iridium Communications from?
Iridium Communications is headquartered in United States
When did Iridium Communications go public?
Iridium Communications initial public offering (IPO) was on 20 March 2008
What is Iridium Communications website?
https://www.iridium.com
Is Iridium Communications in the S&P 500?
No, Iridium Communications is not included in the S&P 500 index
Is Iridium Communications in the NASDAQ 100?
No, Iridium Communications is not included in the NASDAQ 100 index
Is Iridium Communications in the Dow Jones?
No, Iridium Communications is not included in the Dow Jones index
When does Iridium Communications report earnings?
The next expected earnings date for Iridium Communications is 25 July 2024