|Bid||27.30 x 1000|
|Ask||27.39 x 2200|
|Day's Range||26.27 - 27.31|
|52 Week Range||10.95 - 27.62|
|Beta (3Y Monthly)||1.67|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.50|
Jim Cramer hears from Iridium Communications CEO Matthew Desch about launching a global aircraft tracking and surveillance system.
When the Federal Aviation Administration reversed course and grounded Boeing Co.’s 737 MAX jetliner, it moved partly after seeing data from a little-known aerospace newcomer that is changing the way the aviation industry tracks planes. Aireon LLC, based in McLean, Va., was founded less than a decade ago—the brainchild of satellite maker Iridium Communications Inc. and Canada’s air-traffic managers. It collects and then distributes to partners, including air-traffic-control providers around the world, some of the operational data that passenger jets automatically send out in real time.
The Arizona Spaceport Alliance wants to see a spaceport built somewhere in the state to increase the economic development of Arizona’s burgeoning aerospace manufacturing industry.
A system on board Iridium Communications' new satellite network is helping deliver critical data to aviation officials. SpaceX has launched each of Iridium's 75 satellites over the course of eight missions in two years.
Iridium Communications Inc. (NASDAQ: IRDM) is diversifying its revenue — all while keeping its eye on its biggest single customer. The McLean company — which operates a global satellite network that offers communications services to the public and private sectors — noted in its most recent earnings release that its largest subscriber base, the U.S. government, grew by 13 percent to 113,000, but it's become a smaller portion of its overall revenue. Commercial sales, on the other hand, have inched upward, rising from 75 percent of total revenue in 2016 to 80 percent in 2018.
Iridium (IRDM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Company to participate in three additional March conferences MCLEAN, Va. , Feb. 19, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") is hosting its 2019 analyst day ...
NEW YORK, Feb. 12, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
MCLEAN, Va. , Feb. 7, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Thursday, February 28, 2019 at 8:30 a.m. Eastern Time (ET) to ...
Iridium Communications Inc. (NASDAQ: IRDM) has completed the upgrade of its entire satellite constellation, squashing the whispers and doubts against the McLean company. Iridium officially made the turnover from its legacy satellites on Tuesday, a decade after the company announced its Iridium Next campaign. In the months leading up to the first wave of the Iridium Next launch, only 65 satellites were in operation, as Iridium had run out of in-orbit spares.
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MCLEAN, Va., Feb. 6, 2019 /PRNewswire/ -- Iridium Communications Inc. (IRDM) today hailed the completion of its $3 billion satellite constellation upgrade campaign known as Iridium® NEXT, during a press conference held at the National Press Club in Washington, D.C. During the press conference, the company also used the opportunity to introduce a new small-form-factor transceiver known as the Iridium CertusSM 9770, which will enable creation of new consumer and industrial applications that are highly portable and IoT-friendly, optimized for small size and low cost, yet with higher speeds than in the past thanks to the upgraded Iridium satellite network. The completion of the Iridium NEXT campaign comes as the final two satellites required to complete the network refresh were activated on February 5th at approximately 2:15 p.m. EST.
MCLEAN, Va., Feb. 1, 2019 /PRNewswire/ -- Iridium Communications Inc. (IRDM) announced today that COO Scott Smith has decided to retire effective March 15th. Smith led Iridium's technology and operations, including Iridium® NEXT, which recently completed its final launch. Smith will continue to work with Iridium in a consulting role as the handoff to his successor is completed, with the company wishing him well in his greatly earned retirement. In conjunction with this announcement, the company is welcoming back to Iridium new Chief Operations Officer Suzi McBride. McBride will assume this position effective as of February 11, 2019.
# Iridium Communications Inc ### NASDAQ/NGS:IRDM View full report here! ## Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is high ## Bearish sentiment Short interest | Negative Short interest is high for IRDM with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting IRDM. However, the last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding IRDM totaled $640 million. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Telecommunications Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
MCLEAN, Virginia, Jan. 16, 2019 /PRNewswire/ -- Iridium Communications Inc. (IRDM) announced today the commercial launch of its Iridium Certus broadband service, the first new capability activated from the company's $3 billion Iridium® NEXT satellite replacement program. Iridium Certus is a unique platform designed for the development of specialty applications and is the world's only truly global broadband service, offering on-the-move internet and high-quality voice access. The service enables mobile office functionality for deployed teams and two-way remote communication for assets, autonomous vehicles, trains, aircraft and ships at sea. This also includes safety-of-life services, where Iridium Certus is uniquely suited for the critical communications needs of teams operating beyond the reach of cellular coverage, including first responders and search and rescue organizations.
Today we'll look at Iridium Communications Inc. (NASDAQ:IRDM) and reflect on its potential as an investment. In particular, we'll consider its Return On Capital Employed (ROCE), as that can give Read More...
SpaceX launched ten Iridium Communications Inc (NASDAQ: IRDM) satellites successfully into orbit Jan. 11 from Vandenberg Air Force Base in California. Apart from the launch of the final 10 NEXT satellites, Thales Group has constructed six more that will remain as ground spares, Prentiss said in a Monday note.
Stocks that moved substantially or traded heavily Friday: Activision Blizzard Inc., down $4.81 to $46.54 The video game publisher announced that its eight-year partnership with game developer Bungie was ...