Iridium Communications (IRDM) Tops Q4 EPS by 16c

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Go back to Iridium Communications (IRDM) Tops Q4 EPS by 16c

Iridium Announces 2024 Results, Issues 2025 Outlook

February 13, 2025 7:01 AM EST

Returned a record $469 million to shareholders in 2024

MCLEAN, Va., Feb. 13, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2024 and issued its full-year 2025 guidance. Net income was $36.3 million, or $0.32 per diluted share, for the fourth quarter of 2024, as compared to net income of $38.0 million, or $0.30 per diluted share, for the fourth quarter of 2023. Operational EBITDA ("OEBITDA")(1) for... More