Iridium Communications/IRDM

$29.21

-0.23%
-
1D1W1MYTD1YMAX

About Iridium Communications

Iridium Communications Inc. is a commercial provider of communications services. The Company is engaged in providing mobile voice and data communications services using a constellation of orbiting satellites. It provides voice and data communications services to businesses, the United States and foreign Governments, non-Governmental organizations, and consumers via its upgraded satellite network, which has an architecture of approximately 66 operational satellites with in-orbit and ground spares and related ground infrastructure. The Company's principal lines of business include land-mobile, maritime, aviation, Internet of things (IoT), hosted payloads and other data services, and United States (U.S.) Government. Its products include Satellite Handsets and Iridium GO!, Broadband Data Devices, Voice and Data Modems, and Internet of Things Data Devices. The Company sells its products and services to customers through a wholesale distribution network of approximately 85 service providers.
Ticker
IRDM
Sector
Technology
Trading on
NASDAQ
Industry
Communications Services
CEO
Matthew Desch
Employees
760
Headquarters
Mclean, United States

IRDM Metrics

BasicAdvanced
$3.69B
Market cap
272.69
P/E ratio
$0.11
EPS
0.90
Beta
$0.52
Dividend rate
1.73%
Dividend yield

What the Analysts think about IRDM

Analyst Ratings

Majority rating from 7 analysts.
Buy

Price Targets

Average projection from 6 analysts.
75.18% upside
High $72.00
Low $30.00
$29.21
Current price
$51.17
Average price target

IRDM Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
19.51% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$194.7M
-1.47%
Net income
$38M
-2,475%
Profit margin
19.51%
-2,538.75%

IRDM Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 811.95%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.08
-$0.24
-$0.01
$0.29
-
Expected
-$0.00
$0.04
$0.03
$0.03
$0.10
Surprise
-2,281.62%
-759.34%
-135.71%
811.95%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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