Iridium Communications Inc. (IRDM)
| Market Cap | 5.10B |
| Revenue (ttm) | 789.82M |
| Net Income (ttm) | -23.42M |
| Shares Out | 123.85M |
| EPS (ttm) | -0.17 |
| PE Ratio | n/a |
| Forward PE | 231.30 |
| Dividend | $0.52 (1.26%) |
| Ex-Dividend Date | Dec 14, 2023 |
| Volume | 465,560 |
| Open | 41.14 |
| Previous Close | 41.26 |
| Day's Range | 41.00 - 41.49 |
| 52-Week Range | 34.21 - 68.34 |
| Beta | 1.01 |
| Analysts | Strong Buy |
| Price Target | 64.40 (+56.46%) |
| Earnings Date | Feb 15, 2024 |
About IRDM
Iridium Communications Inc. 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 publi... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for IRDM stock is "Strong Buy." The 12-month stock price forecast is $64.4, which is an increase of 56.46% from the latest price.
News
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Iridium Launches GMDSS Academy
MCLEAN, Va. , Dec. 5, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced the launch of the Iridium® ...
Iridium announces end of Qualcomm satellite-to-phone partnership
The move comes as major players pursue the nascent market to connect unmodified phones directly to satellites.
Iridium Announces New D2D Direction
MCLEAN, Va. , Nov. 9, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global personal satellite communications, today announced an update to its relationship wit...
Iridium Celebrates 25 Years of Innovation, Transformation and Global Connectivity
MCLEAN, Va. , Nov. 1, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global personal satellite communications, marked a historic moment in the world of satelli...
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Iridium Announces Third-Quarter 2023 Results; Reports Record Operational EBITDA; Updates Guidance
MCLEAN, Va. , Oct. 19, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial result...
Iridium to Participate in Fall Investor Conferences
MCLEAN, Va. , Oct. 2, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today announced that Company ex...
Iridium Announces Release Date for Third-Quarter 2023 Financial Results
MCLEAN, Va. , Sept. 28, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call o...
DISA and U.S. Space Force Award Iridium PLEO Satellite-Based Services Contract
MCLEAN, Va. , Sept. 12, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced it has been awarded a fi...
Iridium Provides Global Connectivity for XCMG Heavy Equipment
MCLEAN, Va. , Sept. 6, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, announced today that Xuzhou Construction M...
Iridium Board of Directors Approves Additional $400 Million Share Repurchase Program; Authorizations Now Total $1 Billion
MCLEAN, Va. , July 27, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that its Board of Directors has authorized the repurchase of an additional $400 milli...
Iridium Announces Second-Quarter 2023 Results; Reports Record Operational EBITDA
MCLEAN, Va. , July 25, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial resul...
Iridium Launches Iridium Certus for Aviation Service, Revolutionizing Aircraft Connectivity
MCLEAN, Va. , July 24, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) a leading provider of global voice and data satellite communications, today announced the introduction of its Iri...
Can These 3 Stocks Soar On Triple-Digit Earnings Increases?
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Iridium Announces Release Date for Second-Quarter 2023 Financial Results
MCLEAN, Va. , June 30, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on...
JEV Portfolio Company H2U Technologies Announces Hydrogen Industry's First Commercial-Scale Non-Iridium PEM Electrolyzer
TULSA, OK and VANCOUVER, BC / ACCESSWIRE / June 27, 2023 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTC: JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") is pleased to report that its portfolio comp...
Iridium Announces 2023 Investor Day
MCLEAN, Va. , June 21, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today announced that it will h...
Iridium Proposes a New Model for Monitored BVLOS UAS Integration in the National Airspace System
Flight trial-based data analysis illustrates challenges to BVLOS operations can be overcome MCLEAN, Va. , June 20, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) has announced the res...
Upbeat Analysts Project Promising Prospects For Iridium Stock
Global satellite communications specialist Iridium Communications Inc. NASDAQ: IRDM has a lot going for it. The stock isn't exactly at new heights, but several of its characteristics look stellar.
Iridium Edge Solar Integrates with Laird Connectivity Sensors to Expand Remote IoT Operations
MCLEAN, Va. , May 24, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) is proud to announce that it has partnered with Laird Connectivity™, a global leader in wireless technology, to in...
Iridium to Participate at the William Blair Growth Stock Conference
MCLEAN, Va. , May 24, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that Chief Executive Officer Matthew Desch is scheduled to participate at the 43rd Ann...
Iridium Adds to Constellation Resilience with Launch of Spare Satellites
MCLEAN, Va. , May 20, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced today a key milestone in its long-term constellation resilience and redundancy planning, with the succes...
Iridium Names Jacqueline Yeaney to Board of Directors
MCLEAN, Va. , May 15, 2023 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today announced that Jacqueline Yeaney has been elected to the Iridium Board of Directors, effective May 4, 2023.
Iridium Announces First Quarter 2023 Results
MCLEAN, Va. , April 20, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the first quarter of 2023 and reiterated its full-year 2023 outl...