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Iridium Communications Inc stock is currently priced at $29.22, with a 24-hour trading volume of 532.60K. It has seen a +1.84% increased in the last 24 hours and a +13.58% rose in the past month. The chart indicates a potential bullish trend, as the stock is above the $28.43 pivot point. If it approaches the $29.48 resistance level, significant changes may occur.
Previous Close:
$28.74
Open:
$28.55
24h Volume:
532.60K
Market Cap:
$3.52B
Revenue:
$789.30M
Net Income/Loss:
$25.29M
P/E Ratio:
-162.33
EPS:
-0.18
Net Cash Flow:
$252.25M
1W Performance:
+18.45%
1M Performance:
+13.58%
6M Performance:
-22.50%
1Y Performance:
-55.85%
1D Range:
Value
$28.51
$29.27
52W Range:
Value
$24.14
$66.15

Iridium Communications Inc Stock (IRDM) Company Profile

Name
Name
Iridium Communications Inc
Name
Phone
703-287-7400
Name
Address
1750 Tysons Boulevard, Suite 1400, McLean, VA
Name
Employee
414
Name
Twitter
@IridiumComm
Name
Next Earnings Date
2024-04-18
Name
Latest SEC Filings
Name
IRDM's Discussions on Twitter

Iridium Communications Inc Stock (IRDM) Upgrades & Downgrades

Date Action Analyst Rating Change
Feb-16-24 Downgrade BWS Financial Buy → Neutral
Feb-15-24 Downgrade William Blair Outperform → Mkt Perform
Sep-18-23 Upgrade Deutsche Bank Hold → Buy
Jul-27-23 Upgrade Barclays Equal Weight → Overweight
Jun-22-23 Initiated Deutsche Bank Hold
Oct-19-22 Downgrade Barclays Overweight → Equal Weight
Feb-22-22 Upgrade Barclays Equal Weight → Overweight
Feb-18-22 Upgrade Raymond James Outperform → Strong Buy
Jan-27-22 Upgrade Sidoti Neutral → Buy
Oct-20-21 Upgrade BWS Financial Neutral → Buy
Aug-03-21 Initiated Morgan Stanley Overweight
Jul-26-21 Upgrade Barclays Underweight → Equal Weight
Mar-03-21 Upgrade Raymond James Mkt Perform → Outperform
Feb-12-21 Downgrade Barclays Overweight → Underweight
Feb-08-21 Downgrade Raymond James Outperform → Mkt Perform
Dec-11-20 Downgrade Sidoti Buy → Neutral
Feb-18-20 Downgrade Sidoti Buy → Neutral
Oct-09-19 Upgrade Sidoti Neutral → Buy
Apr-24-19 Downgrade Raymond James Strong Buy → Outperform
Sep-10-18 Downgrade Northland Capital Market Perform → Under Perform
Aug-27-18 Downgrade Sidoti Buy → Neutral
May-09-18 Initiated BWS Financial Buy
Aug-01-14 Upgrade CRT Capital Fair Value → Buy
Aug-29-13 Initiated Chardan Capital Markets Neutral
Jul-21-11 Initiated Morgan Keegan Outperform
Jan-21-11 Reiterated RBC Capital Mkts Outperform
Dec-20-10 Downgrade Stifel Nicolaus Buy → Hold
View All

Iridium Communications Inc Stock (IRDM) Financials Data

Iridium Communications Inc (IRDM) Revenue 2024

IRDM reported a revenue (TTM) of $789.30 million for the quarter ending March 31, 2024, a +4.12% rise year-over-year.
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Iridium Communications Inc (IRDM) Net Income 2024

IRDM net income (TTM) was $25.29 million for the quarter ending March 31, 2024, a +61.38% increase year-over-year.
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Iridium Communications Inc (IRDM) Cash Flow 2024

IRDM recorded a free cash flow (TTM) of $252.25 million for the quarter ending March 31, 2024, a -5.63% decrease year-over-year.
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Iridium Communications Inc (IRDM) Earnings per Share 2024

IRDM earnings per share (TTM) was $0.21 for the quarter ending March 31, 2024, a +61.54% growth year-over-year.
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Iridium Communications Inc Stock (IRDM) Insider Trading

Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total
Harman Jane L.
Director
Mar 06 '24
Sale
28.41
3,798
107,901
60,517
DESCH MATTHEW J
Chief Executive Officer
Nov 20 '23
Buy
37.01
28,000
1,036,280
706,912
Hartin Bryan J.
EVP-Sales and Marketing
May 03 '23
Option Exercise
9.45
11,335
107,116
92,936
Hartin Bryan J.
EVP-Sales and Marketing
May 03 '23
Sale
64.80
27,835
1,803,708
65,101
NIEHAUS ROBERT H
Director
May 01 '23
Option Exercise
6.20
55,776
345,811
302,650
NIEHAUS ROBERT H
Director
May 01 '23
Sale
63.69
55,776
3,552,562
246,874
Hartin Bryan J.
EVP-Sales and Marketing
Apr 25 '23
Option Exercise
9.45
3,697
34,937
89,730
Hartin Bryan J.
EVP-Sales and Marketing
Apr 25 '23
Sale
66.01
8,129
536,595
81,601
Iridium Communications Inc. provides mobile voice and data communications services through satellite to businesses, the U.S. and foreign 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. It also provides other services, such as inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; submarine communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence community, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the department of defense's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia.
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Cap:     |  Volume (24h):