Skip to main content

Market Overview

Recap: Iridium Communications Q2 Earnings


Shares of Iridium Communications (NASDAQ:IRDM) rose 4.5% after the company reported Q2 results.

Quarterly Results

Earnings per share rose 43.75% over the past year to ($0.09), which beat the estimate of ($0.12).

Revenue of $140,173,000 decreased by 2.05% from the same period last year, which beat the estimate of $136,770,000.

Looking Ahead

Iridium Communications hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jul 28, 2020

Time: 08:30 AM

ET Webcast URL:


Company's 52-week high was at $32.08

Company's 52-week low was at $16.87

Price action over last quarter: Up 17.08%

Company Overview

Iridium Communications Inc is a United States based company which offers voice and data communications services and products to businesses, U.S. and international government agencies and other customer on a global basis. It is a provider of mobile voice and data communications services through a constellation of low earth orbiting satellites. Reaching across land, sea, and air, including the polar regions, 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 around the world.


Related Articles (IRDM)

View Comments and Join the Discussion!

Posted-In: Earnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at