Iridium Announces Second-Quarter 2020 Results; Updates 2020 Outlook
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Iridium Communications (IRDM) Tops Q2 EPS by 3c, Revenues Beat
July 28, 2020 7:08 AM EDTIridium Communications (NASDAQ: IRDM) reported Q2 EPS of ($0.09), $0.03 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $140.2 million versus the consensus estimate of $136.77 million.
"Despite the headwinds caused by the global pandemic, Iridium continues to grow subscribers, service revenue and cash," said Matt Desch, CEO, Iridium. Desch continued, "As businesses... More
