Iridium Communications Inc. (IRDM)
| Market Cap | 5.45B |
| Revenue (ttm) | 583.44M |
| Net Income (ttm) | -56.05M |
| Shares Out | 133.49M |
| EPS (ttm) | -0.42 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | February 24 |
| Last Price | $40.61 |
| Previous Close | $40.59 |
| Change ($) | 0.02 |
| Change (%) | 0.05% |
| Day's Open | 39.95 |
| Day's Range | 39.00 - 41.17 |
| Day's Volume | 1,350,710 |
| 52-Week Range | 16.87 - 54.65 |
Launching atop Blue Origin rockets, Telesat "Lightspeed" satellites will soon offer corporate customers a new way to access high-speed internet.
Iridium Communications' stock price is up over 400% since the start of 2016, but new competition is coming.
With the trading day roughly halfway over, the broad markets were sliding into the weekend.
Iridium (IRDM) reports narrower loss in fourth-quarter 2020 on healthy subscriber additions backed by a resilient business model and portfolio strength.
Iridium (IRDM) delivered earnings and revenue surprises of 25.00% and 5.08%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Iridium Communications (NASDAQ:IRDM) rose 3.2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 92.68% over the past year to ($0...
MCLEAN, Va., Feb. 11, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the fourth quarter of 2020 and issued its full-year 2021 ...
Strengthening Capital Position and Continued Opportunities for Growth Underscore Iridium's Financial Transformation MCLEAN, Va., Feb. 10, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasd...
Space exploration and infrastructure projects are boosting the space industry, calling for investment in AeroVironment (AVAV), Leidos (LDOS), Iridium (IRDM), Virgin Galactic (SPCE) and Lockhee...
MCLEAN, Va., Feb. 9, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced the addition of Kyoritsu Radio Service Co., Ltd as an Iridium Certus® service provider. Thro...
With the trading day about halfway over, the broad markets were each hitting new all-time highs.
MCLEAN, Va., Jan. 21, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, February 11, 2021 at 8:30 a.m. Eastern Time (ET) to d...
The past year has been a wild time for Iridium Communications, as shares of the firm have soared. Management continues to provide improved outlooks for the firm and its fundamental condition i...
Procure Space ETF (UFO) jumped 5.7% on Jan 14 as Cathie Wood's ARK Investment Management filed for a space ETF.
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Concord, Ontario, January 11, 2021 – Ultrack Systems Inc. (OTC US: MJLB), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that the Company has en...
Iridium's (IRDM) Edge Solar is a standalone and programmable, solar-powered device with Bluetooth capability for wireless sensor integration and local device connectivity.
There has been plenty of completed SPAC merger news in 2020 as more companies use it to go public and we're looking at the top performers. The post Completed SPAC Mergers 2020: 10 Top Performi...
The Global Maritime Distress and Safety System (GMDSS) now covers 100% of the globe with real-time satellite connectivity for the first time MCLEAN, Va., Dec. 15, 2020 /PRNewswire/ -- Iridium ...
MCLEAN, Va., Dec. 15, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") is hosting a virtual press conference this morning (Tuesday, December 15) at 9:00 a.m. Eastern...
Iridium (IRDM) reported earnings 30 days ago. What's next for the stock?
Does Iridium Communications (IRDM) have what it takes to be a top stock pick for momentum investors? Let's find out.
MCLEAN, Va., Nov. 11, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced that Kobelco Construction Machinery Co., Ltd. (KCM), a leading original equipment manufactu...
Iridium Communications increased full-year guidance again, and is now well into free-cash-flow-positive territory.
Iridium's (IRDM) third-quarter 2020 results reflect growing subscriber base and higher service revenues with robust subscriber equipment demand.
Iridium Communications' (IRDM) CEO Matt Desch on Q3 2020 Results - Earnings Call Transcript
Iridium (IRDM) delivered earnings and revenue surprises of 75.00% and 9.55%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Iridium Communications (NASDAQ:IRDM) remained unaffected after the company reported Q3 results. Quarterly Results Earnings per share increased 78.57% year over year to ($0.03), which...
MCLEAN, Va., Oct. 20, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the third quarter of 2020 and updated its full-year 2020 ...
3 Satellite Stocks That Hold Promise Amid Industry Challenges
Iridium Communications rose Phoenix-like from the ashes of its bankrupt namesake. The company has endured heavy capex and heavy losses whilst it lofted a new satellite fleet.
Iridium (IRDM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MCLEAN, Va., Oct. 7, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), whose technology provides connections beyond where terrestrial cell phones are used, today announced their...
MCLEAN, Va., Sept. 29, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Tuesday, October 20, 2020 at 8:30 a.m. Eastern Time (ET) to di...
MCLEAN, Va., Sept. 29, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced commercial availability of its newest standalone asset management device, Iridium Edge Pr...
MCLEAN, Va., Sept. 23, 2020 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced SKYTRAC as the newest aviation Value Added Manufacturer (VAM) for the Iridium Certus 9810...
Iridium (IRDM) reported earnings 30 days ago. What's next for the stock?
MCLEAN, Va., Aug. 13, 2020 /PRNewswire/ -- Iridium Communications Inc.
Investor interest in the space exploration area has been rising after Elon Musk’s SpaceX’s successfully completed its first manned mission this year. There are a couple of broad trends driving...
Iridium Communications sees its Relative Strength Rating reach the 80-plus level. The post Iridium Communications Clears Technical Benchmark, Hitting 80-Plus RS Rating appeared first on Invest...
Iridium Communications: Growth Continues Despite A Bump In The Road
MCLEAN, Va., July 31, 2020 /PRNewswire/ -- Iridium Communications Inc.
Iridium's (IRDM) second-quarter 2020 results reflect solid momentum in service revenues backed by accretive subscriber base in commercial and government segments despite COVID-19 induced crisis.
Satcom specialist Iridium Communications reported more positives than negatives in its second-quarter earnings report.
Iridium Communications' (IRDM) CEO Matt Desch on Q2 2020 Results - Earnings Call Transcript
Shares of Iridium Communications (NASDAQ:IRDM) rose 4.5% after the company reported Q2 results.
Iridium (IRDM) delivered earnings and revenue surprises of 35.71% and 3.31%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
MCLEAN, Va., July 28, 2020 /PRNewswire/ -- Iridium Communications Inc.
A Relative Strength Rating upgrade for Iridium Communications shows improving technical performance. Will it continue?
Iridium (IRDM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
About IRDM
Iridium Communications provides mobile voice and data communications services and product to businesses, the United States and foreign governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides other services, such as inbound connections from the public switched telephone network, short message, subscriber identity module, activ... [Read more...]
| Industry Telecom Services | Founded 2000 |
| CEO Matthew Desch | Employees 516 |
| Stock Exchange NASDAQ | Ticker Symbol IRDM |
Financial Performance
In 2020, IRDM's revenue was $583.44 million, an increase of 4.10% compared to the previous year's $560.44 million. Losses were -$56.05 million, -65.40% less than in 2019.
Analyst Forecasts
According to 5 analysts, the average rating for IRDM stock is "Buy." The 12-month stock price forecast is 36.00, which is a decrease of -11.35% from the latest price.