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IRDM

Iridium Communications Inc

$45.55

Earnings Summary

Revenue
$174.92Mn
Net Profits
$4.56Mn
Net Profit Margins
2.61%

Highlights

Revenue:

Iridium Communications Inc’s revenue jumped 16.68% since last year same period to $174.92Mn in the Q2 2022. On a quarterly growth basis, Iridium Communications Inc has generated 3.98% jump in its revenue since last 3-months.

Net Profits:

Iridium Communications Inc’s net profit jumped 18.89% since last year same period to $4.56Mn in the Q2 2022. On a quarterly growth basis, Iridium Communications Inc has generated 61.37% jump in its net profits since last 3-months.

Net Profit Margins:

Iridium Communications Inc’s net profit margin jumped 1.9% since last year same period to 2.61% in the Q2 2022. On a quarterly growth basis, Iridium Communications Inc has generated 55.19% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Iridium Communications Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.02
EPS Estimate Current Year
0.02

Highlights

EPS Estimate Current Quarter:

Iridium Communications Inc’s earning per share (EPS) estimates for the current quarter stand at 0.02 - a 100% jump from last quarter’s estimates.

EPS Estimate Current Year:

Iridium Communications Inc’s earning per share (EPS) estimates for the current year stand at 0.02.

Key Ratios

Key ratios of the Iridium Communications Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.04
Return on Assets (ROA)
0.01
Return on Equity (ROE)
-0
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Iridium Communications Inc’s earning per share (EPS) jumped 33.33% since last year same period to 0.04 in the Q2 2022. This indicates that the Iridium Communications Inc has generated 33.33% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Iridium Communications Inc’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Iridium Communications Inc’s return on equity (ROE) stands at -0.

Dividend Per Share (DPS):

Iridium Communications Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-07-26
0.01
0.04
300%
2022-04-19
0.02
0.02
0%

Company Information

Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2019, the company completed a generational upgrade of its satellite network and launched its new specialty broadband service, Iridium Certus. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A.

Organisation
Iridium Communications Inc
Headquarters
Mc Lean, Virginia, US
Employees
519
Industry
Communications
CEO
Matthew Desch