Iridium Revenue Jumps 8 Percent in Q2

Iridium Communications (NASDAQ:IRDM), a global provider of satellite communications, released its Q2 2025 earnings on July 24, 2025. The company reported GAAP revenue of $216.9 million, beating analyst estimates of $214.1 million by 1.3%. However, Earnings per share (EPS, GAAP) came in at $0.20, falling short of the $0.24 consensus estimate and down from last year's $0.27. The quarter saw a solid top-line performance, but profits declined year over year. Management also lowered its full-year 2025 service revenue growth outlook to a range of 3% to 5% and raised its quarterly dividend. Overall, the quarter offered mixed signals: stable core operations, challenges in equipment sales, and softened government and broadband activity. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Iridium Communications delivers satellite-based voice and data services worldwide using a network of 66 low Earth orbit (LEO) satellites. Its global system is unique for covering even remote and polar regions with real-time connectivity and low latency. The company serves commercial markets in maritime, aviation, IoT (Internet of Things), and government sectors, with critical applications in defense, logistics, and emergencies.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool