IRDM - Iridium Communications Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
26.40
-0.41 (-1.53%)
At close: 4:00PM EDT
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Previous Close26.81
Open26.67
Bid27.30 x 1000
Ask27.39 x 2200
Day's Range26.27 - 27.31
52 Week Range10.95 - 27.62
Volume1,528,407
Avg. Volume896,457
Market Cap2.963B
Beta (3Y Monthly)1.67
PE Ratio (TTM)N/A
EPS (TTM)-0.22
Earnings DateApr 24, 2019 - Apr 29, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est24.50
Trade prices are not sourced from all markets
  • Iridium CEO: Tracking planes and boosting efficiency with Aireon
    CNBC Videos2 days ago

    Iridium CEO: Tracking planes and boosting efficiency with Aireon

    Jim Cramer hears from Iridium Communications CEO Matthew Desch about launching a global aircraft tracking and surveillance system.

  • The Wall Street Journal10 days ago

    [$$] The Aerospace Newcomer Whose Data Helped Make the Difference on Grounding the 737 MAX

    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.

  • An Arizona spaceport? This group wants to make it happen
    American City Business Journals10 days ago

    An Arizona spaceport? This group wants to make it happen

    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.

  • CNBC10 days ago

    Next-generation satellites gave federal officials key data in Boeing 737 Max investigation

    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.

  • Thomson Reuters StreetEvents11 days ago

    Edited Transcript of IRDM earnings conference call or presentation 28-Feb-19 1:30pm GMT

    Q4 2018 Iridium Communications Inc Earnings Call

  • Iridium's largest customer is grabbing a smaller share of its revenue
    American City Business Journals17 days ago

    Iridium's largest customer is grabbing a smaller share of its revenue

    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 Communications Starts 2019 Ready for Rapid Growth
    Motley Fool19 days ago

    Iridium Communications Starts 2019 Ready for Rapid Growth

    The satellite communications provider has started a new chapter in its story.

  • Iridium Communications Inc (IRDM) Q4 2018 Earnings Conference Call Transcript
    Motley Fool24 days ago

    Iridium Communications Inc (IRDM) Q4 2018 Earnings Conference Call Transcript

    IRDM earnings call for the period ending December 31, 2018.

  • Earnings Preview: Iridium Communications (IRDM) Q4 Earnings Expected to Decline
    Zackslast month

    Earnings Preview: Iridium Communications (IRDM) Q4 Earnings Expected to Decline

    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.

  • PR Newswirelast month

    Iridium Announces 2019 Analyst Day

    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 ...

  • GlobeNewswirelast month

    Analysis: Positioning to Benefit within Digital Realty Trust, Iridium Communications, RBC Bearings, AxoGen, Independence Contract Drilling, and Safety Insurance Group — Research Highlights Growth, Revenue, and Consolidated Results

    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,.

  • PR Newswirelast month

    Iridium Announces Release Date For Fourth-Quarter 2018 Financial Results

    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 completes billions-dollar transition to new fleet of satellites
    American City Business Journalslast month

    Iridium completes billions-dollar transition to new fleet of satellites

    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.

  • Iridium Communications Inc. (NASDAQ:IRDM): How Much Money Comes Back To Investors?
    Simply Wall St.last month

    Iridium Communications Inc. (NASDAQ:IRDM): How Much Money Comes Back To Investors?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Two important questions to ask before youRead More...

  • PR Newswire2 months ago

    Iridium Declares Victory; $3 Billion Satellite Constellation Upgrade Complete

    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.

  • Iridium Welcomes New COO; Honors Retiring Predecessor
    PR Newswire2 months ago

    Iridium Welcomes New COO; Honors Retiring Predecessor

    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.

  • Markit2 months ago

    See what the IHS Markit Score report has to say about Iridium Communications Inc.

    # 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 score@ihsmarkit.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.

  • 3 Top Mid-Cap Stocks to Buy Right Now
    Motley Fool2 months ago

    3 Top Mid-Cap Stocks to Buy Right Now

    Here's why these mid-cap stocks could be about to become large-cap stocks.

  • PR Newswire2 months ago

    Iridium Certus(SM) Goes Live; World's First Truly Global Broadband Service

    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.

  • Should You Worry About Iridium Communications Inc.’s (NASDAQ:IRDM) ROCE?
    Simply Wall St.2 months ago

    Should You Worry About Iridium Communications Inc.’s (NASDAQ:IRDM) ROCE?

    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...

  • Benzinga2 months ago

    Raymond James Bullish On Iridium As Satellite Maker Shifts From SpaceX To Sales

    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.

  • Associated Press2 months ago

    Activision, Vail Resorts fall; General Motors, Embraer rise

    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 ...