Barclays Upgrades Iridium Communications (IRDM) to Overweight, 'Solid quarter, attractive outlook

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Go back to Barclays Upgrades Iridium Communications (IRDM) to Overweight, 'Solid quarter, attractive outlook

Iridium Announces Second-Quarter 2023 Results; Reports Record Operational EBITDA

July 25, 2023 7:01 AM EDT

MCLEAN, Va., July 25, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the second quarter of 2023 and reiterated its full-year 2023 outlook. Net loss was $30.7 million, or $0.24 per diluted share, for the second quarter of 2023, as compared to net income of $4.6 million, or... More