Iridium Announces First-Quarter 2019 Results; Company Affirms 2019 Outlook
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Iridium Communications (IRDM) Tops Q1 EPS by 4c, Revenues Beat; Affirms FY19 Outlook
April 23, 2019 7:10 AM EDTIridium Communications (NASDAQ: IRDM) reported Q1 EPS of ($0.18), $0.04 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $133.7 million versus the consensus estimate of $128.34 million.
"Iridium enjoyed solid revenue and subscriber growth to start 2019, driven predominantly by strength in commercial services. New contributions from hosted payloads and continued momentum in commercial IoT are expected to be a... More
