Iridium Announces Second-Quarter 2023 Results; Reports Record Operational EBITDA
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Iridium Communications (IRDM) Reports Q2 Net Loss of $30.74M
July 25, 2023 7:05 AM EDTIridium Communications (NASDAQ: IRDM) reported Q2 net loss of $30.74M. Revenue for the quarter came in at $193.1 million versus the consensus estimate of $198.42 million.
The company guided:
Total service revenue growth between 9% and 11% for full-year 2023. Total service revenue for 2022 was $534.7 million.Full-year 2023... More