Advertisement
Iridium Reiterates FY24 Service Revenue Growth Outlook - Update
(RTTNews) - 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.
For fiscal 2024, the company still projects service revenue growth of 4 to 6 percent, compared to the $584.5 million reported in 2023.
On average, seven analysts polled by Thomson Reuters expect the company to report revenues of $799.30 million for the year.
The Board of Directors plans to increase the quarterly dividend by 5.8 percent to $0.14 per share starting with the second quarter 2024 dividend.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
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
|
393天前
Iridium Boosts FY22 Service Revenue Growth Outlook - Update
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.
RTTNews
|
930天前
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
|
1016天前
Yen Slides Amid Risk-on Mood
The Japanese yen weakened against other major currencies in the Asian session on Wednesday amid increased risk-on by the investors, as traders react to China's central bank saying it would cut its key policy rate by 10 basis points and lower the reserve requirement ratio by 50 basis points to boost growth. There is also confirmation that U.S. and Chinese officials are set to start formal trade talks this week.
RTTNews
|
4分鐘前
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews
|
54分鐘前
China Unveils Monetary Easing Measures
The People's Bank of China reduced its benchmark interest rate and reserve requirement ratio and also unveiled a slew of measures to support economy hit by trade tariffs. The PBoC cut the 7-day reverse repo rate by 10 basis points to 1.4 percent. The new rate takes effect on May 8.
RTTNews
|
1小時10分鐘前
European Shares Seen Up As China Eases Policy To Boost Growth
European stocks are seen opening broadly higher on Wednesday after chipmaker AMD reported better-than-expected earnings results and Chinese authorities announced a raft of stimulus measures, including interest rate cuts and a major liquidity injection, to help boost the economy.
RTTNews
|
2小時51分鐘前
European Economic News Preview: Germany Factory Orders Data Due
Factory orders and construction Purchasing Managers' survey results from Germany are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for March. Orders are forecast to grow 1.4 percent month-on-month, after remaining flat in February.
RTTNews
|
3小時7分鐘前
