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Iridium Communications Beats Wall Street Estimates for Q3 Net Income and Revenue

Associated Press ·

IRDM
IRDM Iridium Communications Inc
$43.79 -1.04%
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  1. 1Iridium Communications Inc. reported Q3 net income of $106.9 million.
  2. 2Iridium Communications' earnings per share for Q3 was 98 cents.
  3. 3Iridium Communications' Q3 revenue was recorded at $245.7 million.

So what's the key point?

Iridium Communications earned more money in the third quarter than experts expected. The company reported strong results with revenue reaching $245.7 million.

Source Associated Press · View original ↗

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