Iridium Communications, Inc. (IRDM) Misses Q4 EPS by 2c

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Iridium Communications, Inc. (NASDAQ: IRDM) reported Q4 EPS of $0.19, $0.02 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $92.3 million versus the consensus estimate of $98.14 million.

The Company issued its full-year 2013 outlook for total billable subscriber growth, total service revenue growth and OEBITDA. The Company expects: Total billable subscriber growth between 15 percent and 20 percent for the full-year 2013; Total service revenue growth between 8 percent and 10 percent for the full-year 2013; Full-year 2013 OEBITDA to be between $215 million and $225 million. OEBITDA for 2012 was $205.8 million.

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

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