CRT Capital Downgrades Iridium Communications (IRDM) to Fairly Valued

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Iridium Communications, Inc. (IRDM) Misses Q3 EPS by 2c

November 1, 2012 7:49 AM EDT

Iridium Communications, Inc. (NASDAQ: IRDM) reported Q3 EPS of $0.23, $0.02 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $0 versus the consensus estimate of $104.42 million.

2012 Outlook

The Company affirmed its full-year 2012 outlook for total service revenue growth... More