Iridium Announces Second-Quarter 2014 Results; Company Affirms 2014 and Long-Range Outlook

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Iridium Communications, Inc. (IRDM) Misses Q2 EPS by 4c

July 31, 2014 7:26 AM EDT

Iridium Communications, Inc. (NASDAQ: IRDM) reported Q2 EPS of $0.14, $0.04 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $102.5 million versus the consensus estimate of $98.28 million.

Operational EBITDA ("OEBITDA") for the second quarter was $54.7 million, as compared to $51.1 million for the... More