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Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
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Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Will I Be Able To Retire At All? Options Expert Weighs In (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Holding NVDA? Read This Now (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Will I Be Able To Retire At All? Options Expert Weighs In (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Holding NVDA? Read This Now (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Will I Be Able To Retire At All? Options Expert Weighs In (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Holding NVDA? Read This Now (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
NASDAQ:IRDM

Iridium Communications (IRDM) Earnings Date, Estimates & Call Transcripts

$50.90
0.00 (0.00%)
(As of 08/11/2023 08:48 PM ET)
Compare
Today's Range
$50.42
$51.05
50-Day Range
$49.53
$64.96
52-Week Range
$42.85
$68.34
Volume
483,600 shs
Average Volume
827,387 shs
Market Capitalization
$6.37 billion
P/E Ratio
N/A
Dividend Yield
1.02%
Price Target
$68.20

Earnings Summary

Upcoming
Earnings Date
Oct. 19Estimated
Actual EPS
(Jul. 25)
-$0.24 Missed By -$0.28
Consensus EPS
(Jul. 25)
$0.04
Skip Charts & View Estimated and Actual Earnings Data

IRDM Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

IRDM Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Iridium Communications Analyst Forecasts

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20232($0.05)$0.04($0.01)
Q2 20232$0.01$0.01$0.01
Q3 20233$0.02$0.07$0.04
Q4 20233$0.02$0.07$0.04
FY 202310$0.00$0.19$0.09
Q1 20242$0.01$0.06$0.04
Q2 20242$0.01$0.09$0.05
Q3 20242$0.04$0.12$0.08
Q4 20242$0.03$0.08$0.06
FY 20248$0.09$0.35$0.22
Q1 20251$0.02$0.02$0.02
Q2 20251$0.04$0.04$0.04

IRDM Earnings Date and Information

Iridium Communications last announced its quarterly earnings data on July 25th, 2023. The technology company reported ($0.24) EPS for the quarter, missing the consensus estimate of $0.04 by $0.28. The business earned $193.10 million during the quarter, compared to analysts' expectations of $198.42 million. Its quarterly revenue was up 10.4% compared to the same quarter last year. Iridium Communications has generated ($0.15) earnings per share over the last year (($0.15) diluted earnings per share). Earnings for Iridium Communications are expected to grow in the coming year, from ($0.10) to $0.26 per share. Iridium Communications has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, October 19th, 2023 based off prior year's report dates.

Iridium Communications Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
10/19/2023
Estimated)
------- 
7/25/2023Q2 2023$0.04($0.24)($0.28)($0.24)$198.42 million$193.10 million    
4/20/2023Q1 2023($0.0150)$0.08+$0.0950$0.08$187.98 million$205.27 million    
2/16/2023Q4 2022($0.0030)($0.01)($0.0070)($0.01)$172.52 million$193.80 million      
10/20/2022Q3 2022$0.02$0.02-$0.02$180.91 million$184.04 million      
7/26/2022Q2 2022-$0.04+$0.04$0.04$166.46 million$174.90 million      
4/19/2022Q1 2022($0.01)$0.02+$0.03$0.02$156.83 million$168.20 million      
2/17/2022Q4 2021($0.04)($0.04)-($0.04)$152.11 million$155.89 million    
10/18/2021Q3 2021($0.02)($0.02)-($0.02)$153.76 million$162.20 million    
7/19/2021Q2 2021($0.06)$0.03+$0.09$0.03$148.53 million$149.92 million      
4/19/2021Q1 2021($0.05)($0.04)+$0.01($0.04)$146.31 million$146.54 million    
2/10/2021Q4 2020($0.08)($0.06)+$0.02($0.06)$139.43 million$146.51 million    
10/20/2020Q3 2020($0.11)($0.03)+$0.08($0.03)$138.12 million$151.47 million    












Iridium Communications Earnings - Frequently Asked Questions

When is Iridium Communications's earnings date?

Iridium Communications has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, October 19th, 2023 based off last year's report dates. Learn more on IRDM's earnings history.

Did Iridium Communications beat their earnings estimates last quarter?

In the previous quarter, Iridium Communications (NASDAQ:IRDM) missed the analysts' consensus estimate of $0.04 by $0.28 with a reported earnings per share (EPS) of ($0.24). Learn more on analysts' earnings estimate vs. IRDM's actual earnings.

How can I listen to Iridium Communications's earnings conference call?

The conference call for Iridium Communications's latest earnings report can be listened to online. Listen to Conference Call

How can I read Iridium Communications's conference call transcript?

The conference call transcript for Iridium Communications's latest earnings report can be read online. Read Transcript

How much revenue does Iridium Communications generate each year?

Iridium Communications (NASDAQ:IRDM) has a recorded annual revenue of $721.03 million.

How much profit does Iridium Communications generate each year?

Iridium Communications (NASDAQ:IRDM) has a recorded net income of $8.72 million. IRDM has generated -$0.15 earnings per share over the last four quarters.

What is Iridium Communications's EPS forecast for next year?

Iridium Communications's earnings are expected to grow from ($0.10) per share to $0.26 per share in the next year.


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This page (NASDAQ:IRDM) was last updated on 8/14/2023 by MarketBeat.com Staff

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