Iridium Communications (IRDM) to Release Quarterly Earnings on Thursday

Key Points

• Iridium Communications is set to report its Q3 2025 earnings on October 23, with analysts anticipating earnings of $0.26 per share and revenues of $222.132 million.
• In its last earnings report, the company missed consensus EPS estimates by $0.03 but achieved a revenue increase of 7.9% year-over-year.
• Iridium recently announced an increased quarterly dividend of $0.15 per share, up from $0.14, reflecting a 3.1% dividend yield.

Iridium Communications (NASDAQ:IRDM - Get Free Report) is expected to announce its Q3 2025 results before the market opens on Thursday, October 23rd. Analysts expect the company to announce earnings of $0.26 per share and revenue of $222.1320 million for the quarter. Individuals may review the information on the company's upcoming Q3 2025 earningreport for the latest details on the call scheduled for Thursday, October 23, 2025 at 8:30 AM ET.

Iridium Communications (NASDAQ:IRDM - Get Free Report) last announced its earnings results on Thursday, July 24th. The technology company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.03). Iridium Communications had a return on equity of 20.28% and a net margin of 13.20%.The company had revenue of $216.91 million for the quarter, compared to analyst estimates of $214.73 million. During the same period last year, the firm earned $0.27 earnings per share. The firm's revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts expect Iridium Communications to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Iridium Communications Trading Up 1.1%

Shares of NASDAQ IRDM opened at $19.23 on Thursday. The company has a quick ratio of 1.75, a current ratio of 2.51 and a debt-to-equity ratio of 3.82. Iridium Communications has a 12 month low of $17.08 and a 12 month high of $35.85. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 19.42, a P/E/G ratio of 0.70 and a beta of 0.70. The business has a fifty day simple moving average of $21.20 and a 200-day simple moving average of $24.91.

Iridium Communications Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $0.15 dividend. The ex-dividend date was Monday, September 15th. This is a positive change from Iridium Communications's previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a dividend yield of 3.1%. Iridium Communications's dividend payout ratio is 60.61%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on IRDM shares. Morgan Stanley dropped their target price on shares of Iridium Communications from $40.00 to $37.00 and set an "overweight" rating on the stock in a research report on Friday, August 1st. Weiss Ratings reiterated a "hold (c-)" rating on shares of Iridium Communications in a research report on Wednesday, October 8th. BWS Financial downgraded shares of Iridium Communications from a "neutral" rating to a "sell" rating and cut their target price for the company from $25.00 to $16.00 in a research note on Tuesday, September 9th. Raymond James Financial cut Iridium Communications from a "strong-buy" rating to an "outperform" rating and decreased their target price for the stock from $39.00 to $26.00 in a research report on Thursday, September 11th. Finally, Barclays dropped their price target on Iridium Communications from $31.00 to $25.00 and set an "overweight" rating on the stock in a research report on Wednesday, October 1st. Six equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $29.67.

Hedge Funds Weigh In On Iridium Communications

A number of hedge funds have recently modified their holdings of IRDM. United Services Automobile Association purchased a new position in Iridium Communications in the first quarter valued at about $218,000. Gamco Investors INC. ET AL acquired a new stake in shares of Iridium Communications during the 2nd quarter valued at about $259,000. Cetera Investment Advisers grew its stake in shares of Iridium Communications by 16.0% in the 2nd quarter. Cetera Investment Advisers now owns 10,106 shares of the technology company's stock valued at $305,000 after buying an additional 1,392 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in Iridium Communications by 105.8% in the second quarter. Tower Research Capital LLC TRC now owns 14,091 shares of the technology company's stock worth $425,000 after buying an additional 7,243 shares during the last quarter. Finally, Bank of Nova Scotia raised its position in Iridium Communications by 50.2% during the second quarter. Bank of Nova Scotia now owns 14,799 shares of the technology company's stock valued at $446,000 after acquiring an additional 4,949 shares in the last quarter. 84.36% of the stock is owned by institutional investors and hedge funds.

About Iridium Communications

Iridium Communications Inc provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services.

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