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Iridium Communications Q3 2024 Earnings Report

Iridium Communications logo
$29.37 -0.83 (-2.75%)
(As of 12/17/2024 05:46 PM ET)

Iridium Communications EPS Results

Actual EPS
$0.21
Consensus EPS
$0.20
Beat/Miss
Beat by +$0.01
One Year Ago EPS
N/A

Iridium Communications Revenue Results

Actual Revenue
$212.77 million
Expected Revenue
$205.68 million
Beat/Miss
Beat by +$7.09 million
YoY Revenue Growth
N/A

Iridium Communications Announcement Details

Quarter
Q3 2024
Time
N/A

Conference Call Resources

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Iridium Communications Earnings Headlines

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About Iridium Communications

Iridium Communications (NASDAQ:IRDM) provides mobile voice and data communications services and products to businesses, the United States and international 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 hosted payload and other data services, such as satellite time and location services; and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and other government agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.

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