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Iridium Comm Stock Price, News & Analysis

IRDM Nasdaq

Welcome to our dedicated page for Iridium Comm news (Ticker: IRDM), a resource for investors and traders seeking the latest updates and insights on Iridium Comm stock.

Iridium Communications Inc. (NASDAQ: IRDM) delivers essential mobile satellite services through its unique low Earth orbit constellation, enabling global voice and data connectivity where terrestrial networks fail. This news hub provides investors and industry professionals with direct access to verified corporate developments and strategic updates.

Track all official announcements including quarterly earnings, technology partnerships, and regulatory milestones. Our curated collection simplifies monitoring IRDM's progress in critical markets like defense communications, maritime safety systems, and IoT-enabled industrial solutions.

Discover updates on the company's satellite network enhancements, government contract renewals, and emerging applications of its cross-linked LEO architecture. Each release is vetted for relevance to long-term growth drivers in global connectivity markets.

Bookmark this page for streamlined access to IRDM's evolving role in secure satellite communications. Check regularly for authoritative updates on network reliability improvements and new service deployments across remote operational environments.

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Iridium Communications Inc. (Nasdaq:IRDM) reported strong financial results for Q1 2023, showing a net income of $9.8 million (up from $2.8 million in Q1 2022) and an Operating EBITDA of $111.9 million (an 8% increase year-over-year). Total revenue reached $205.3 million, a 22% growth compared to the previous year, with service revenue contributing $139.3 million. The subscriber count rose to 2,051,000, marking a 15% increase year-over-year. The company reaffirmed its full-year guidance of 9%-11% growth in service revenue, aiming for a total service revenue of approximately $534.7 million in 2022. Iridium also initiated a dividend payment of $0.13 per share and repurchased shares worth over $53 million in this quarter.

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Iridium Communications Inc. (NASDAQ: IRDM) announced a conference call to discuss its first-quarter 2023 financial results, scheduled for April 20, 2023, at 8:30 a.m. ET. Ahead of the call, the company will issue its earnings press release available on its investor relations website. Participants can dial in at 1-412-902-6740. A webcast will also be available for those unable to join live. Iridium is known for its global satellite communications network, providing reliable connectivity for various markets. Further details about their innovative solutions can be found on their official website.

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On March 8, 2023, COCESNA, the Central American air navigation service provider, signed a three-year contract for Aireon's space-based Automatic Dependent Surveillance-Broadcast (ADS-B) data. The adoption of this technology, which COCESNA tested for 18 months, will enhance real-time air traffic visibility and operational efficiency across over 2.6 million square kilometers of airspace, particularly over the Pacific Ocean. COCESNA aims to improve route efficiency and safety for air operators. Aireon's CEO highlighted the significance of this contract for COCESNA as it positions them as a leader in air traffic control in the region.

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FAQ

What is the current stock price of Iridium Comm (IRDM)?

The current stock price of Iridium Comm (IRDM) is $16.45 as of November 25, 2025.

What is the market cap of Iridium Comm (IRDM)?

The market cap of Iridium Comm (IRDM) is approximately 1.7B.
Iridium Comm

Nasdaq:IRDM

IRDM Rankings

IRDM Stock Data

1.71B
91.48M
12.52%
94.89%
8.17%
Telecom Services
Communications Services, Nec
Link
United States
MCLEAN