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Search Results for: Scott Scheimreif

Iridium Records 12% Growth in Q1 2019 Revenue; Matt Desch Quoted

Iridium Communications (Nasdaq: IRDM) reported $133.7M in total revenue for the first quarter of 2019, up 12 percent from the same period last year. The company said Tuesday the total number of billable subscribers rose to 1.15M in Q1 2019, showing a year-over-year growth of 16 percent associated with the …

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Iridium 3Q Earnings, Revenue Beat Wall Street Estimates; Matt Desch on Currency Headwinds

Iridium Communications (Nasdaq: IRDM) has reported third quarter earnings of 24 cents per share to exceed Wall Street analyst forecasts by 5 cents and the prior year figure by 7 cents. Profit at the McLean, Va.-based satellite communications provider climbed 44.92 percent year-over-year to $29.54 million and revenue declined 1.4 percent from the …

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Iridium Gov’t Revenue Up 12% in 2Q; Matt Desch Offers NEXT Program Update

Iridium Communications (Nasdaq: IRDM) has reported a 12.5 percent increase in government segment revenue for the company’s fiscal year 2015 second quarter compared to the prior year period. Total quarterly sales for the segment reached $18 million, which the company attributed primarily to its airtime services contract with the Defense …

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Iridium Reports 7% Revenue Jump in FY 2014, 11% for Gov’t Segment; Matt Desch Comments

Iridium Communications (NASDAQ: IRDM) has announced financial results for the fourth quarter and its full 2014 fiscal year ended Dec. 31, 2014. The McLean, Va.-based satellite services provider said its full-year revenue increased 7 percent from 2013 figures to $408.6 million and 2 percent for the quarter to $100.5 million from …

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Iridium Records 7% Revenue Hike for 3Q 2014, Gov’t Services Sales Up 14%

Iridium Communications (NASDAQ: IRDM) has announced financial results for the third quarter of its 2014 fiscal year, which ended Sept. 30, 2014. Revenue for the McLean, Virginia-based satellite services contractor rose 7 percent to $107.5 million from the prior-year quarter and profit increased approximately 22.9 percent to $20.4 million. The company’s …

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