Iridium Communications (IRDM) Misses Q3 EPS by 6c, Revenues Beat; 'Raises FY Guidance for Total Svcs Revenue & Operational EBITDA'

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Go back to Iridium Communications (IRDM) Misses Q3 EPS by 6c, Revenues Beat; 'Raises FY Guidance for Total Svcs Revenue & Operational EBITDA'

Iridium Communications (IRDM) PT Raised to $28.50 at BWS Financial

October 26, 2018 8:38 AM EDT

BWS 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