Iridium Announces Third-Quarter 2018 Results; Company Raises 2018 Outlook
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Iridium Communications (IRDM) PT Raised to $28.50 at BWS Financial
October 26, 2018 8:38 AM EDTBWS Financial analyst Hamed Khorsand raised the price target on Iridium Communications (NASDAQ: IRDM) to $28.50 (from $22.00) while maintaining a Buy rating following Q3 results which showed it is benefiting from an increase in subscribers and service rates.
"IRDMs new satellite network should... More
Iridium Communications (IRDM) Misses Q3 EPS by 6c, Revenues Beat; 'Raises FY Guidance for Total Svcs Revenue & Operational EBITDA'
October 25, 2018 7:19 AM EDTIridium Communications (NASDAQ: IRDM) reported Q3 EPS of ($0.13), $0.06 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $136.8 million versus the consensus estimate of $128.36 million.
"Iridium continued to enjoy significant subscriber and sales momentum into the third quarter, which drove... More
