Iridium Communications Company Profile (NASDAQ:IRDM)

About Iridium Communications

Iridium Communications logoIridium Communications Inc. is a satellite communications company that offers mobile voice and data communications services. The Company utilizes mesh architecture to route traffic across its satellite constellation using radio frequency crosslinks between satellites. Its lines of business include land mobile, machine to machine, maritime, aviation and government. Its commercial services include postpaid mobile voice and data satellite communications services; prepaid mobile voice satellite communications services; broadband data services; machine-to-machine services; Iridium push-to-talk service, and other services. It provides services to businesses, the United States and foreign governments, non-governmental organizations and consumers. The Company sells its products and services to customers through a wholesale distribution network of approximately 75 service providers, approximately 200 value-added resellers and over 45 value-added manufacturers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Diversified Communication Services
  • Sub-Industry: Alternative Carriers
  • Exchange: NASDAQ
  • Symbol: IRDM
  • CUSIP: 46269C10
Key Metrics:
  • Previous Close: $8.69
  • 50 Day Moving Average: $8.85
  • 200 Day Moving Average: $8.12
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.15
  • P/E Growth: 0.98
  • Market Cap: $831.00M
  • Outstanding Shares: 95,627,000
  • Beta: 1.52
Additional Links:
Companies Related to Iridium Communications:

Analyst Ratings

Consensus Ratings for Iridium Communications (NASDAQ:IRDM) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for Iridium Communications (NASDAQ:IRDM)
DateFirmActionRatingPrice TargetDetails
2/28/2016Chardan CapitalReiterated RatingHoldView Rating Details
7/3/2015MacquarieReiterated RatingOutperform$12.00View Rating Details
(Data available from 8/25/2014 forward)


Earnings History for Iridium Communications (NASDAQ:IRDM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/28/2016Q216$0.25$0.22$107.34 million$109.20 millionViewListenView Earnings Details
4/28/2016Q116$0.18$0.23$104.04 million$104.20 millionViewListenView Earnings Details
2/25/2016Q415$0.18$0.14$104.63 million$106.40 millionViewListenView Earnings Details
10/29/2015Q315$0.19$0.24$104.62 million$106.00 millionViewListenView Earnings Details
7/30/2015Q215$0.19$0.21$102.45 million$101.92 millionViewListenView Earnings Details
4/30/2015Q115$0.18$0.17$101.21 million$97.00 millionViewListenView Earnings Details
2/26/2015Q414$0.13$0.19$99.33 million$100.50 millionViewN/AView Earnings Details
10/30/2014Q314$0.14$0.17$101.80 million$107.50 millionViewN/AView Earnings Details
7/31/2014Q214$0.18$0.14$98.28 million$102.50 millionViewN/AView Earnings Details
5/1/2014Q114$0.18$0.19$94.40 million$98.00 millionViewListenView Earnings Details
2/27/2014Q413$0.21$0.18$99.36 million$98.20 millionViewN/AView Earnings Details
10/31/2013Q313$0.21$0.19$97.85 million$100.60 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.22$0.18$99.31 million$94.70 millionViewN/AView Earnings Details
5/2/2013Q1 2013$0.19$0.19$97.63 million$89.19 millionViewN/AView Earnings Details
2/28/2013Q4 2012$0.21$0.19$98.14 million$92.30 millionViewN/AView Earnings Details
11/1/2012Q312$0.25$0.23$104.42 millionViewN/AView Earnings Details
8/2/2012$0.20$0.23ViewN/AView Earnings Details
5/3/2012$0.15$0.16ViewN/AView Earnings Details
3/6/2012$0.08$0.11ViewN/AView Earnings Details
1/25/2012$0.09$0.53ViewN/AView Earnings Details
11/8/2011$0.17$0.15ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Iridium Communications (NASDAQ:IRDM)
Current Year EPS Consensus Estimate: $0.89 EPS
Next Year EPS Consensus Estimate: $0.95 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.20$0.20$0.20
Q2 20161$0.22$0.22$0.22
Q3 20161$0.23$0.23$0.23
Q4 20161$0.21$0.21$0.21
Q1 20171$0.22$0.22$0.22
Q2 20171$0.23$0.23$0.23
Q3 20171$0.23$0.23$0.23
Q4 20171$0.24$0.24$0.24
(Data provided by Zacks Investment Research)


Dividend History for Iridium Communications (NASDAQ:IRDM)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Iridium Communications (NASDAQ:IRDM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/1/2016Thomas C CanfieldDirectorBuy5,000$6.95$34,750.00View SEC Filing  
8/6/2013Matthew DeschCEOBuy15,000$7.12$106,800.00View SEC Filing  
8/6/2013Thomas CanfieldDirectorBuy10,000$7.10$71,000.00View SEC Filing  
5/9/2013Greenhill & Co IncDirectorSell15,000$7.45$111,750.00View SEC Filing  
5/7/2013Thomas C CanfieldDirectorBuy10,000$7.23$72,300.00View SEC Filing  
4/12/2013Greenhill & Co IncDirectorSell45,000$6.44$289,800.00View SEC Filing  
3/14/2013Greenhill & Co IncDirectorSell30,000$6.32$189,600.00View SEC Filing  
3/13/2013Thomas C CanfieldDirectorBuy7,500$6.35$47,625.00View SEC Filing  
2/6/2013Greenhill & Co IncDirectorSell45,000$6.96$313,200.00View SEC Filing  
1/18/2013Greenhill & Co IncDirectorSell45,000$6.88$309,600.00View SEC Filing  
12/21/2012Greenhill & Co IncDirectorSell15,000$5.69$85,350.00View SEC Filing  
12/5/2012Greenhill & Co IncDirectorSell30,000$6.27$188,100.00View SEC Filing  
11/29/2012Thomas C CanfieldDirectorBuy5,000$6.12$30,600.00View SEC Filing  
11/21/2012Ltd BaraloncoMajor ShareholderBuy5,800$5.70$33,060.00View SEC Filing  
11/20/2012Ltd BaraloncoMajor ShareholderBuy6,600$5.61$37,026.00View SEC Filing  
11/16/2012Ltd BaraloncoMajor ShareholderBuy6,100$5.49$33,489.00View SEC Filing  
11/13/2012Thomas C CanfieldDirectorBuy5,000$6.33$31,650.00View SEC Filing  
11/7/2012Ltd BaraloncoMajor ShareholderBuy3,300$6.27$20,691.00View SEC Filing  
11/6/2012Ltd BaraloncoMajor ShareholderBuy3,400$6.45$21,930.00View SEC Filing  
11/6/2012Robert H NiehausDirectorBuy30,000$6.45$193,500.00View SEC Filing  
11/6/2012S. Scott SmithEVPBuy5,000$6.45$32,250.00View SEC Filing  
10/4/2012Greenhill & Co IncDirectorSell30,000$7.49$224,700.00View SEC Filing  
9/6/2012Greenhill & Co IncDirectorSell30,000$7.55$226,500.00View SEC Filing  
8/10/2012Greenhill & Co IncDirectorSell30,000$7.33$219,900.00View SEC Filing  
8/9/2012Richard P NyrenVPBuy2,000$7.26$14,520.00View SEC Filing  
8/9/2012Thomas C CanfieldDirectorBuy7,000$7.27$50,890.00View SEC Filing  
8/8/2012Ltd BaraloncoMajor ShareholderBuy3,000$7.02$21,060.00View SEC Filing  
8/7/2012A B KrongardDirectorBuy25,000$7.33$183,250.00View SEC Filing  
8/7/2012Ltd BaraloncoMajor ShareholderBuy4,000$7.19$28,760.00View SEC Filing  
8/7/2012Thomas FitzpatrickCFOBuy10,000$7.08$70,800.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Iridium Communications (NASDAQ:IRDM)
DateHeadline logoIridium to Participate at September Conferences (NASDAQ:IRDM) - August 24 at 5:34 PM
News IconIridium Communications Inc. (NASDAQ:IRDM) Upcoming Earnings: What matter for investors? - The Voice Registrar (NASDAQ:IRDM) - August 23 at 5:53 PM logo[$$] Aging Iridium Network Waits for Key Satellite Replacements (NASDAQ:IRDM) - August 23 at 5:53 PM logoAnalysts See Iridium Communications Inc (NASDAQ:IRDM) Reporting EPS Of $0.25 - (NASDAQ:IRDM) - August 21 at 9:59 AM
News IconTrust Department Mb Financial Bank N A Invests 164000 In Iridium Communications Inc Irdm (NASDAQ:IRDM) - August 20 at 5:33 PM logoETF’s with exposure to Iridium Communications, Inc. : August 15, 2016 (NASDAQ:IRDM) - August 15 at 3:48 PM logoIridium Communications Inc (NASDAQ:IRDM) Ratings in Focus ... - Stocks Daily (NASDAQ:IRDM) - August 15 at 6:13 AM logoIridium Communications, Inc. :IRDM-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NASDAQ:IRDM) - August 12 at 5:47 PM logoWorld Reach Ltd gains traction in Iridium device sales (NASDAQ:IRDM) - August 12 at 8:51 AM logoIRIDIUM COMMUNICATIONS INC. Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:IRDM) - August 11 at 5:55 PM logoToday's Bell Ringer, August 9, 2016 (NASDAQ:IRDM) - August 9 at 5:51 PM logoOpening Bell, August 9, 2016 (NASDAQ:IRDM) - August 9 at 5:51 PM logoIridium Communications Inc. (Nasdaq: IRDM) to Ring The Nasdaq Stock Market Opening Bell (NASDAQ:IRDM) - August 8 at 10:24 AM logoFuture of Black Boxes Demonstrated in Emirates Crash Landing (NASDAQ:IRDM) - August 5 at 5:50 PM logoIridium Communications Inc Rockets Subscribers to Higher Orbit, but Expenses Keep Profits Closer to Earth (NASDAQ:IRDM) - August 5 at 8:44 AM logoIridium Communications, Inc. breached its 50 day moving average in a Bearish Manner : IRDM-US : August 3, 2016 (NASDAQ:IRDM) - August 3 at 6:00 PM logoIRIDIUM COMMUNICATIONS INC. Financials (NASDAQ:IRDM) - August 3 at 6:00 PM logoAnalysts: Iridium Communications Inc. (NASDAQ:IRDM) stock is worth $13 - Review Fortune (NASDAQ:IRDM) - July 29 at 5:51 PM logoEdited Transcript of IRDM earnings conference call or presentation 28-Jul-16 12:30pm GMT (NASDAQ:IRDM) - July 29 at 10:18 AM logoEARNINGS SUMMARY: Details of Iridium Communications Inc. Q2 Earnings Report (NASDAQ:IRDM) - July 28 at 8:43 AM logoIridium Announces Second-Quarter 2016 Results; Reports Record Net Subscriber Additions (NASDAQ:IRDM) - July 28 at 8:43 AM logoIridium misses 2Q profit forecasts (NASDAQ:IRDM) - July 28 at 8:30 AM logoShould You Sell Iridium Communications (IRDM) Before Earnings? (NASDAQ:IRDM) - July 27 at 8:42 AM logoIridium Communications Inc (IRDM) Shares are Up 0.66% - Trade Calls (NASDAQ:IRDM) - July 25 at 5:47 PM
News IconWhat's in Iridium Communications Inc After Today's Huge Increase? - Press Telegraph (NASDAQ:IRDM) - July 23 at 9:42 AM
News IconIridium Communications Inc (NASDAQ:IRDM): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:IRDM) - July 23 at 9:42 AM
News IconIridium Communications Incorporated (NASDAQ:IRDM) Shorted Shares Increased By 0.45% - Consumer Eagle (NASDAQ:IRDM) - July 22 at 8:39 AM logoIridium Communications Inc (NASDAQ:IRDM) Stock Rating Update - Investor Newswire (NASDAQ:IRDM) - July 19 at 5:47 PM logoIridium Communications Inc (IRDM) Hits New 52-week High During July 14 Session - (NASDAQ:IRDM) - July 16 at 5:25 PM logoInterview with the CEO: Iridium Communications, Inc. (NASDAQ:IRDM) - The Wall Street Transcript (NASDAQ:IRDM) - July 15 at 4:45 PM
News IconIridium Communications Inc (NASDAQ:IRDM) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NASDAQ:IRDM) - July 15 at 9:21 AM
News IconAnalyst Target and Average Rating Watch: Iridium Communications Inc (NASDAQ:IRDM) - Press Telegraph (NASDAQ:IRDM) - July 15 at 9:21 AM logoHot News: Iridium Communications Inc. (NASDAQ:IRDM), General Electric Company (NYSE:GE), General Motors ... - KC Register (NASDAQ:IRDM) - July 14 at 5:51 PM logoIridium Communications Inc (IRDM) Hits New 52-week High During July 12 Session - (NASDAQ:IRDM) - July 14 at 5:51 PM
News IconIridium Communications Inc (NASDAQ:IRDM) Wall Street Analyst Recommendation Outlook - Telanagana Press (NASDAQ:IRDM) - July 13 at 8:36 AM logoIridium Communications Inc Realized Volatility Hits Substantially Low Level - CML News (NASDAQ:IRDM) - July 12 at 5:56 PM
News IconCan Iridium Communications Inc (NASDAQ:IRDM) Improve on the Earnings Front? - Engelwood Daily (NASDAQ:IRDM) - July 8 at 5:51 PM
News IconCompany Stock Focus for Iridium Communications Inc (NASDAQ:IRDM): Which Way Will Shares Head? - Press Telegraph (NASDAQ:IRDM) - July 8 at 8:35 AM logoIridium Communications Inc (NASDAQ:IRDM) Ratings in Focus - Stocks Daily (NASDAQ:IRDM) - July 7 at 5:46 PM logoIridium Announces Release Date for Second-Quarter 2016 Financial Results (NASDAQ:IRDM) - July 7 at 9:21 AM logoIridium Communications Inc (NASDAQ:IRDM) Current Analyst Ratings - Fiscal Standard (NASDAQ:IRDM) - July 7 at 8:33 AM
News IconIridium Communications Inc (NASDAQ:IRDM) Earnings Glance and Target Price Review - Engelwood Daily (NASDAQ:IRDM) - July 1 at 5:41 PM logoRecently Issued Stock Ratings For Iridium Communications Inc (NASDAQ:IRDM) - Fiscal Standard (NASDAQ:IRDM) - July 1 at 8:29 AM
News IconIridium Communications Inc (NASDAQ:IRDM) Company Rating and Target Watch - Telanagana Press (NASDAQ:IRDM) - June 29 at 8:32 AM
News IconShare Update and Earnings Review for Iridium Communications Inc (NASDAQ:IRDM) - Press Telegraph (NASDAQ:IRDM) - June 27 at 9:59 AM logoNext Weeks Broker Price Targets For Iridium Communications Inc (NASDAQ:IRDM) - Fiscal Standard (NASDAQ:IRDM) - June 27 at 9:59 AM logoIridium Communications, Inc. breached its 50 day moving average in a Bearish Manner : IRDM-US : June 27, 2016 (NASDAQ:IRDM) - June 27 at 9:22 AM
News IconIridium Communications Inc Formed Bullish Double Top Chart Pattern; Buyers Could Thrive - Engelwood Daily (NASDAQ:IRDM) - June 25 at 9:30 AM
News IconCovering the Bases on Iridium Communications Inc (NASDAQ:IRDM): Where is the Stock Going? - Press Telegraph (NASDAQ:IRDM) - June 24 at 8:18 AM logoIridium Communications Inc. (NASDAQ:IRDM) Stock Momentum Hits Strength - CML News (NASDAQ:IRDM) - June 23 at 8:36 AM


Iridium Communications (NASDAQ:IRDM) Chart for Thursday, August, 25, 2016

Last Updated on 8/25/2016 by Staff