Iridium Communications Inc IRDM:NASDAQ

Earnings Announcement Next Earnings date is expected on 07/23/2019
Last Price$23.88NASDAQ Closing Price as of 4:00PM ET 7/18/19

Today's Change-0.07(0.29%)
Bid (Size)$21.00 (5)
Ask (Size)$24.22 (1)
Day Low / High$23.27 - 23.98
Volume482.9 K

View Wireless Telecommunications IndustryPeer Comparison as of 07/18/2019


Iridium Communications Inc ( NASDAQ )

Price: $23.88
Change: -0.07 (0.29%)
Volume: 482.9 K
4:00PM ET 7/18/2019

Telephone and Data Systems Inc ( NYSE )

Price: $32.36
Change: +0.44 (1.38%)
Volume: 664.3 K
4:02PM ET 7/18/2019

United States Cellular Corp ( NYSE )

Price: $47.10
Change: +0.40 (0.86%)
Volume: 134.4 K
4:02PM ET 7/18/2019

pdvWireless Inc ( NASDAQ )

Price: $44.55
Change: +0.30 (0.68%)
Volume: 405.1 K
4:00PM ET 7/18/2019

Globalstar Inc ( NYSE MKT LLC )

Price: $0.40
Change: -0.04 (8.45%)
Volume: 2.1 M
8:00PM ET 7/18/2019

Read more news Recent News

Iridium Communications Sees Deal with US Government Within a Month - Stock Rises 3%
12:18PM ET 5/21/2019 MT Newswires

Iridium Communications Inc (IRDM) said on Tuesday it has entered into a second short-term extension of its Enhanced Mobile Satellite Services (EMSS)...

Sector Update: Big Rise for Chipmakers This Afternoon Lifts Tech Stocks to Positive Close
3:45PM ET 4/24/2019 MT Newswires

Top Tech Stocks MSFT -0.10% AAPL -0.13% IBM -0.04% CSCO +0.58% GOOG -0.46% Technology stocks stayed on positive ground this afternoon, with the shares...

Sector Update: Slim Advance for Tech Stocks Despite Outsized Increase for Chipmakers
2:04PM ET 4/24/2019 MT Newswires

Top Tech Stocks MSFT -0.33% AAPL -0.11% IBM -0.32% CSCO +0.25% GOOG -0.46% Technology stocks were fighting to stay on positive ground this...

Analyst Actions: Raymond James Downgrades Iridium Communications to Outperform From Strong Buy
8:09AM ET 4/24/2019 MT Newswires

Iridium Communications' (IRDM) average rating among analysts is a hold, with an average price target of $22. Price: 27.39, Change: -0.73, Percent Change:...

View all Commentary and Analysis

Amazon: Growth Economics And Satellite Broadband
3:29PM ET 7/16/2019 Seeking Alpha

Goldman Closes Above 210; Breakout Confirmed - Square And Others In Breakout Bonanza
8:19AM ET 7/12/2019 Seeking Alpha

Iridium Communications: An Undervalued Growth Company
1:04PM ET 6/17/2019 Seeking Alpha

Amazon Is Betting Big On Satellite Internet
7:57AM ET 6/12/2019 Seeking Alpha

Company Profile

Business DescriptionIridium Communications, Inc. is a mobile voice and data satellite communications network. Its satellite network provides communication where terrestrial wireless or wireline networks do not exist or are limited. The company's principal lines of business include Land Mobile, Maritime, Aviation, and Government. The Land Mobile business engages in the provision of mobile satellite communications services to the land mobile sector, providing handset services to areas not served or inconsistently served by existing terrestrial communications networks. The Maritime business provides broadband terminals, embedded devices and handsets. Its market space includes merchant shipping, fishing, research vessels and specialized water craft. The Aviation business provides mobile satellite communications services to the aviation sector. Its services are used in commercial and global government aviation applications, principally by corporate jets, corporate and government helicopter fleets, specialized general aviation fleets, such as medevac companies and fire suppression fleets, and high-end personal aircraft. The Government business line involves in the provision of mobile satellite communications services to the U.S. government, principally the Department of Defense. Its voice products are used for a variety of primary and backup communications solutions, including tactical operations, logistical, administrative, morale and welfare, and emergency communications. The firm's commercial services include: Postpaid Mobile Voice and Data Satellite Communications; Prepaid Mobile Voice Satellite Communications; Iridium PTT; Broadband Data; and Machine-to-Machine services. Iridium Communications was founded on November 2, 2007 and is headquartered in McLean, VA. View company web site for more details
Address1750 Tysons Boulevard
McLean, Virginia 22102
Number of Employees475
Recent SEC Filing06/24/20198-K
Chief Executive Officer & DirectorMatthew J. Desch
Chief Operating OfficerSuzanne E. McBride
Director, Chief Financial & Administrative OfficerThomas J. Fitzpatrick
Executive Vice President-Government ProgramsScott T. Scheimreif

Company Highlights

Price Open$23.85
Previous Close$23.95
52 Week Range$16.64 - 28.24
Market Capitalization$2.7 B
Shares Outstanding113.2 M
IndustryWireless Telecommunications
Next Earnings Announcement07/23/2019

Options Summary

Call Open Interest (1d)*
Put Open Interest (1d)*
Call Volume (1d)*
Put Volume (1d)*
Put Call Open Interest Ratio (1d)*
Put Call Volume Ratio (1d)*
* Data delayed by up to 15 minutes

View all fundamentalsFundamentals

Price / EarningsN/A
Earnings per Share-$0.39
Beta vs. S&P 500N/A
Revenue$523.0 M
Net Profit Margin-7.98%
Return on Equity-2.68%

Analyst Ratings as of 07/05/2019

Consensus RecommendationConsensus Icon
Powered by Factset