Iridium Boosts FY22 Service Revenue Growth Outlook - Update
RTTNews
|
vor 592 Tagen
(RTTNews) - While reporting financial results for the third quarter on Thursday, Iridium Communications Inc. (IRDM) raised its total service revenue growth guidance for the full-year 2022, based upon the momentum seen across all commercial business lines.
For fiscal 2022, the company now projects service revenue growth of 8 to 9 percent, compared to the $492.0 million reported in 2021. Previously, the company expected total service revenue growth of 7 to 9 percent.
On average, seven analysts polled by Thomson Reuters expect the company to report revenues of $698.86 million for the year.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
Iridium Reiterates FY24 Service Revenue Growth Outlook - Update
While reporting financial results for the first quarter on Thursday, Iridium Communications Inc. (IRDM) reiterated its total service revenue growth guidance for the full-year 2024.
RTTNews
|
vor 46 Tagen
Iridium Inks 5-Year Contract With L3Harris For Iridium Satellite Time And Location Service
Iridium Communications Inc. (IRDM) announced Tuesday a new five-year commercial contract with L3Harris Technologies (LHX) for the Iridium Satellite Time and Location (STL) service.
RTTNews
|
vor 55 Tagen
Iridium Boosts FY22 Revenue Outlook - Update
While reporting financial results for the second quarter on Tuesday, Iridium Communications Inc. (IRDM) raised its total service revenue growth guidance for the full-year 2022, based upon the momentum still seen from its extensive global ecosystem of business partners.
RTTNews
|
vor 678 Tagen
US Construction Spending Logs Surprise Fall In April
US construction spending shrunk unexpectedly in April amid declines in both private and public construction, preliminary data from the U.S. Census Bureau showed Monday. Construction spending dipped 0.1 percent to $2,099.0 billion from the revised estimate of $2,101.5 billion in March. Spending was expected to grow 0.2 percent after a 0.2 percent decrease in March.
RTTNews
|
vor 4Std 24 Minuten
U.S. Manufacturing Index Unexpectedly Edges Lower In May
Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate in the month of May, according to a report released by the Institute for Supply Management on Monday.
RTTNews
|
vor 5Std 36 Minuten
Kite Says Tecartus Shows Prolonged OS In Adults With Refractory B-cell Acute Lymphoblastic Leukemia
Kite, a Gilead Sciences, Inc. Company (GILD), announced Monday updated, four-year overall survival (OS) data from the pivotal ZUMA-3 study evaluating the CAR T-cell therapy Tecartus (brexucabtagene autoleucel) in adult patients with relapsed or refractory B-cell acute lymphoblastic leukemia (R/R B-ALL).
RTTNews
|
vor 5Std 41 Minuten
Dollar Edged Down Last Week Amidst Inline PCE Data
PCE-based inflation data from the U.S. that came in mostly along expected lines marginally dragged down the 6-currency Dollar Index during the week ended May 31.
RTTNews
|
vor 5Std 58 Minuten
Nvidia Stock Up On Launch Of New AI Chips Amid Surging Demand
Nvidia Corp. shares were gaining more than 4 percent in the early morning trading on the Nasdaq after the chipmaker launched its next generation of artificial intelligence or AI chips amid the surging competition and significant growth in demand worldwide. The AI hardware company's Chief Executive Officer Jensen Huang announced the new AI chip architecture, dubbed 'Rubin', for 2026...
RTTNews
|
vor 6Std 7 Minuten