Iridium Communications, Inc. (IRDM) Reports In-Line Q1 EPS; Affirms Outlook

Article Stock Quotes (1) Comments (0)

Iridium Communications, Inc. (NASDAQ: IRDM) reported Q1 EPS of $0.16, in-line with the analyst estimate of $0.16. Revenue for the quarter came in at $93.5 million versus the consensus estimate of $97.27 million.

The Company affirmed its full-year 2012 outlook for total billable subscriber growth, service revenue and OEBITDA. The Company expects: 1) Total billable subscriber growth between 20 percent and 25 percent for the full-year 2012; 2) Total service revenue growth between 8 percent and 11 percent for the full-year 2012; and 3) Full-year 2012 OEBITDA to be between $210 million and $220 million. OEBITDA for 2011 was $190.4 million.

For earnings history and earnings-related data on Iridium Communications, Inc. (IRDM) click here.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Best Buy (BBY) Posts Q1 adj.-EPS of 32c; Comps Down 1.1%
• UPDATE: Aruba Networks, Inc. (ARUN) Misses Q3 EPS by 4c, Guidance Light
• Qihoo 360 Technology (QIHU) Reports In-Line Q1 EPS; Guides Q2 Sales

Create E-mail Alert Related Categories

Earnings, Guidance

Related Entities

Earnings

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?