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IRDM Oct 2024 25.000 put

OPR - OPR Delayed Price. Currency in USD

0.5500

0.0000

(0.00%)

As of 03:57PM EDT. Market open.

GuruFocus.com
Iridium Soars 14% on Record Q3 Results, Raises Full-Year Outlook
Strong Revenue Growth, Surging IoT Subscribers, and Expanded Share Buybacks Drive Iridium's Impressive Performance
- Iridium's Q3 Revenue Soars 8%, FY24 Outlook Brightens As Subscriber Base Expands
  Benzinga
- Iridium Communications (IRDM) Q3 Earnings and Revenues Surpass Estimates
  Zacks
Benzinga
Iridium's Q3 Revenue Soars 8%, FY24 Outlook Brightens As Subscriber Base Expands
Iridium Communications Inc. (NASDAQ:IRDM) shares are trading higher after the company reported better-than-expected third-quarter revenue results and revised its FY24 OEBITDA guidance. The company reported earnings per share of 21 cents, in line with the consensus estimate. Quarterly sales of $212.77 million beat the street view of $206.18 million. Overall, total revenue increased by 8% compared to the same period in 2023, driven largely by higher commercial service revenue and government engine