IRDM - Iridium Communications Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
26.52
-1.60 (-5.69%)
As of 3:03PM EDT. Market open.
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Previous Close28.12
Open27.56
Bid26.51 x 900
Ask26.53 x 1200
Day's Range26.05 - 27.60
52 Week Range11.50 - 28.24
Volume1,661,638
Avg. Volume1,010,206
Market Cap3.003B
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 Videoslast month

    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.

  • Benzinga5 hours ago

    Raymond James Downgrades Iridium Communications On New Valuation Model

    Iridium Communications Inc (NASDAQ: IRDM ) commenced its NEXT satellite services in early February and already has hundreds of subscribers on the new network. The company can grow revenue, EBITDA and FCF ...

  • Thomson Reuters StreetEvents17 hours ago

    Edited Transcript of IRDM earnings conference call or presentation 23-Apr-19 12:30pm GMT

    Q1 2019 Iridium Communications Inc Earnings Call

  • Iridium Communications (IRDM) Q1 2019 Earnings Call Transcript
    Motley Fool19 hours ago

    Iridium Communications (IRDM) Q1 2019 Earnings Call Transcript

    IRDM earnings call for the period ending March 31, 2019.

  • Space ETFs: Invest in the Final Frontier
    Zacks23 hours ago

    Space ETFs: Invest in the Final Frontier

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  • Associated Pressyesterday

    Iridium: 1Q Earnings Snapshot

    The McLean, Virginia-based company said it had a loss of 18 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was ...

  • PR Newswireyesterday

    Iridium Announces First-Quarter 2019 Results; Company Affirms 2019 Outlook

    MCLEAN, Va. , April 23, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the first quarter of 2019 and affirmed its full-year 2019 ...

  • ACCESSWIREyesterday

    Iridium Communications Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / April 23, 2019 / Iridium Communications Inc. (NASDAQ: IRDM ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on April 23, 2019 at 8:30 ...

  • Iridium Awarded Gateway Support and Maintenance Contract by the U.S. Department of Defense
    PR Newswire2 days ago

    Iridium Awarded Gateway Support and Maintenance Contract by the U.S. Department of Defense

    MCLEAN, Va., April 22, 2019 /PRNewswire/ -- Iridium Communications Inc. (IRDM) announced today that it has been awarded a new contract by the Defense Information Systems Agency (DISA) to continue supporting the U.S. Department of Defense (DoD) Enhanced Mobile Satellite Service (EMSS) gateway. The contract, valued at $54 million over 4.5 years, for Gateway Maintenance and Support Service (GMSS), will ensure that this dedicated ground site continues to operate at peak efficiency and in optimal condition for critical U.S. DoD missions. Dedicated for use by the U.S. DoD, their Iridium gateway serves as the uplink and downlink point for the DoD's EMSS communications capabilities through the Iridium® network.  This includes the enhanced capabilities made possible by Iridium's upgraded satellite constellation, which was formally completed and declared fully operational in February of this year.

  • Iridium (IRDM) to Report Q1 Earnings: What's in the Offing?
    Zacks7 days ago

    Iridium (IRDM) to Report Q1 Earnings: What's in the Offing?

    Iridium (IRDM) is likely to report higher revenues in first-quarter 2019 on the back of healthy growth dynamics, largely attributable to growing service revenues.

  • Earnings Preview: Iridium Communications (IRDM) Q1 Earnings Expected to Decline
    Zacks8 days ago

    Earnings Preview: Iridium Communications (IRDM) Q1 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.

  • Historic Public Services Agreement Signed as Iridium Continues Readying GMDSS Services for Launch
    PR Newswire8 days ago

    Historic Public Services Agreement Signed as Iridium Continues Readying GMDSS Services for Launch

    MCLEAN, Va., April 16, 2019 /PRNewswire/ -- Iridium Communications Inc. (IRDM) announced today the signing of their Public Services Agreement (PSA) with the International Mobile Satellite Organization (IMSO), which details the conditions for IMSO to act as regulator and maintain oversight of Iridium's Global Maritime Distress and Safety System (GMDSS) services. The signing of this agreement is a key step towards IMSO issuing Iridium a Letter of Compliance, stating that the company is ready to begin providing its GMDSS service.

  • How Much Are Iridium Communications Inc. (NASDAQ:IRDM) Insiders Taking Off The Table?
    Simply Wall St.15 days ago

    How Much Are Iridium Communications Inc. (NASDAQ:IRDM) Insiders Taking Off The Table?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be remiss not...

  • Amazon to Foray Into Broadband Space With Project Kuiper
    Zacks16 days ago

    Amazon to Foray Into Broadband Space With Project Kuiper

    Amazon (AMZN) is aggressively pursuing the launch of low Earth orbit satellites to ensure high-speed Internet connectivity to unserved and underserved regions globally.

  • 3 Stocks That Have Doubled and Still Have Room to Grow
    Motley Fool16 days ago

    3 Stocks That Have Doubled and Still Have Room to Grow

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  • PR Newswire20 days ago

    Iridium Announces Release Date For First-Quarter 2019 Financial Results

    MCLEAN, Va. , April 4, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") will host a conference call on Tuesday, April 23, 2019 at 8:30 a.m. Eastern Time (ET) to discuss ...

  • McLean company Aireon now providing real-time space-based airline tracking
    American City Business Journals22 days ago

    McLean company Aireon now providing real-time space-based airline tracking

    The air traffic surveillance company's real-time service aims to decrease aircraft separation and loss.

  • Iridium Enhances Network with New Southern Hemisphere Ground Station
    PR Newswire27 days ago

    Iridium Enhances Network with New Southern Hemisphere Ground Station

    New Punta Arenas site will add network capacity efficiencies and further solidify Iridium® network redundancy MCLEAN, Va. , March 28, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) announced ...

  • Markit29 days ago

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

    Iridium Communications Inc NASDAQ/NGS:IRDMView full report here! Summary * Bearish sentiment is high Bearish sentimentShort interest | NegativeShort 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 flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold IRDM had net inflows of $1.56 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Telecommunications Servicesis falling. The rate of decline is very significant relative to the trend shown over the past year. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS 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.

  • The Wall Street Journallast month

    [$$] 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
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    An Arizona spaceport? This group wants to make it happen

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  • CNBClast month

    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 StreetEventslast month

    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 Journals2 months 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.