Earnings Summary

Iridium Communications Inc’s revenue jumped 7.68% since last year same period to $212.77Mn in the Q3 2024. On a quarterly growth basis, Iridium Communications Inc has generated 5.82% jump in its revenue since last 3-months.

Iridium Communications Inc’s net profit jumped 1588.79% since last year same period to $24.45Mn in the Q3 2024. On a quarterly growth basis, Iridium Communications Inc has generated -24.4% fall in its net profits since last 3-months.

Iridium Communications Inc’s net profit margin jumped 1482.65% since last year same period to 11.49% in the Q3 2024. On a quarterly growth basis, Iridium Communications Inc has generated -28.56% fall in its net profit margins since last 3-months.

Iridium Communications Inc’s price-to-earnings ratio after this Q3 2024 earnings stands at 47.28.

Iridium Communications Inc’s earning per share (EPS) estimates for the current quarter stand at 0.2 - a 17.65% jump from last quarter’s estimates.

Iridium Communications Inc’s earning per share (EPS) estimates for the current year stand at 0.2.

Iridium Communications Inc’s earning per share (EPS) jumped 2200% since last year same period to 0.21 in the Q3 2024. This indicates that the Iridium Communications Inc has generated 2200% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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 0.05.

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 0.1.

Iridium Communications Inc declared 0.14 dividend per share during the earnings announcement for Q3 2024.