Iridium Announces First-Quarter 2021 Results

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Go back to Iridium Announces First-Quarter 2021 Results

Iridium Communications (IRDM) Tops Q1 EPS by 1c; Provides FY21 Revenue Growth Outlook

April 20, 2021 7:06 AM EDT

Iridium Communications (NASDAQ: IRDM) reported Q1 EPS of ($0.04), $0.01 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $146.5 million versus the consensus estimate of $146.48 million.

"Iridium delivered first quarter results in line with our forecast. While total revenue increased, it's hard to compare this quarter's performance to the pre-pandemic period a year... More