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Iridium Communications Inc (IRDM.OQ)

IRDM.OQ on NASDAQ Stock Exchange Global Select Market

24 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Iridium Communications posts Q1 EPS of $0.30
Thursday, 27 Apr 2017 07:00am EDT 

April 27 (Reuters) - Iridium Communications Inc :Iridium announces first-quarter 2017 results; company affirms 2017 and long-range outlook.Q1 earnings per share $0.30.Q1 revenue $104.4 million.Says company affirmed its full-year 2017 outlook for total service revenue growth and oebitda.Q1 earnings per share view $0.20, revenue view $105.2 million -- Thomson Reuters I/B/E/S.  Full Article

Iridium Communications annouces new partnership with Lindsey Manufacturing
Thursday, 20 Apr 2017 08:01am EDT 

April 20 (Reuters) - Iridium Communications Inc :New partnership with Lindsey Manufacturing.  Full Article

Iridium Q4 earnings per share $0.19
Thursday, 23 Feb 2017 07:00am EST 

Iridium Communications Inc : Iridium announces fourth-quarter and full-year 2016 results; company issues 2017 outlook . Q4 earnings per share $0.19 . Q4 earnings per share view $0.20 -- Thomson Reuters I/B/E/S . Q4 revenue $107.4 million versus I/B/E/S view $107.8 million . Affirmed long-range outlook and issued 2017 full-year guidance . Iridium communications inc sees total service revenue growth between 3% and 5% for full-year 2017 .Iridium communications inc sees full-year 2017 OEBITDA between $255 million and $265 million.  Full Article

Iridium to enter into a separate development services contract with Boeing
Wednesday, 30 Nov 2016 07:30am EST 

Iridium Communications Inc - : Iridium and Boeing restructure relationship to help ensure smooth transition into the Iridium next era . In addition, Iridium will enter into a separate development services contract with Boeing . Affected Boeing employees working in Iridium satellite constellation to be offered positions within Iridium .As per agreement, co to hire majority of Boeing team that does operations/maintenance on co's satellites, beginning January 3, 2017.  Full Article

Iridium reports Q2 earnings per share of $0.22
Thursday, 28 Jul 2016 07:00am EDT 

Iridium Communications Inc : Quarter 2016 results; reports record net subscriber additions . Q2 earnings per share $0.22 . Q2 earnings per share view $0.25 -- Thomson Reuters I/B/E/S . Q2 revenue $109.2 million versus i/b/e/s view $107.3 million .Affirmed its full-year 2016 outlook.  Full Article

Iridium Communications Inc - New U.S. sanctions a headache for companies linked to North Korean gold - Reuters News
Monday, 28 Mar 2016 10:57am EDT 

Iridium Communications Inc:More than two dozen U.S.-listed companies have links to North Korean gold in their supply chains, according to regulatory disclosures reviewed by Reuters, potentially putting them at risk of penalties under tough new U.S. sanctions against Pyongyang's mining sector. - RTRS.A March 16 executive order by President Barack Obama allows the United States to blacklist anyone found to be operating in North Korea's mining sector or to have purchased metal from its government - even indirectly through a third-country supplier.The use of North Korean gold or other metals could open a company to millions of dollars in U.S. fines, criminal prosecutions and costly investigations.U.S. Securities and Exchange Commission (SEC) filings show 25 companies, including Pitney Bowes Inc, Winnebago Industries Inc and Iridium Communications Inc, disclosed in 2015 that their suppliers had used a gold smelter operated by North Korea's central bank.Gold is widely used in electronics, valued for its ability to conduct electricity efficiently. Reuters did not find links between firms and any other North Korea-sourced metals based on SEC filings.Another company that listed North Korean gold in its supply chain was Oregon technology company Radisys Corp.A spokesman said he was unsure of the company's ties to the North Korean refinery. The company uses gold to make electronics and would switch to another supplier if required by law, he said.  Full Article

Iridium Communications Inc and FURUNO ELECTRIC CO announces strategic partnership
Monday, 19 Oct 2015 07:00am EDT 

Iridium Communications Inc and FURUNO ELECTRIC CO:Says strategic partnership in which Furuno will be marketing Iridium satellite services and products initially in Japan.Says as part of this agreement, Furuno will be developing a new part of its portfolio of satellite communications service with Iridium.  Full Article

BRIEF-Iridium announces successful completion of first-launch Iridium Next Satellites activities

* Iridium announces successful completion of first-launch Iridium Next Satellites activities and second launch date