Iridium Communications/$IRDM

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About Iridium Communications

Iridium Communications Inc is the commercial provider of communications services offering true globalised coverage, connecting people, organizations and assets to and from anywhere, in real time. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies world-wide. The Company operates in one business segment, providing satellite communications services and products.

Ticker

$IRDM

Sector

Communication Services
Primary listing

Industry

Diversified Telecommunication Services

Employees

877

ISIN

US46269C1027

IRDM Metrics

BasicAdvanced
$3.2B
28.48
$1.05
0.66
$0.42
1.86%

What the Analysts think about IRDM

Analyst ratings (Buy, Hold, Sell) for Iridium Communications stock.

Bulls say / Bears say

Iridium Communications reported a 5% year-over-year increase in Q1 2025 revenues, reaching $214.9 million, driven by rising demand for its mission-critical services. (finviz.com)
The company concluded Q3 2024 with 2.48 million billable subscribers, marking an 11% year-over-year growth, largely driven by commercial IoT. (benzinga.com)
Since 2021, Iridium has returned over $1 billion to common shareholders through stock repurchase and dividend activities, demonstrating strong shareholder value commitment. (benzinga.com)
Barclays lowered its price target for Iridium Communications from $45.00 to $38.00, indicating potential concerns about the company's future performance. (americanbankingnews.com)
Despite reporting strong earnings, Iridium's shares tumbled, suggesting that investors may have concerns about the company's future growth prospects. (finviz.com)
The company's net debt stands at $1.8 billion as of March 31, 2025, which could pose financial risks if not managed effectively. (finviz.com)
Data summarised monthly by Lightyear AI. Last updated on 7 Jun 2025.

IRDM Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

IRDM Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
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 sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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