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