Iridium Boosts FY22 Revenue Outlook - Update
(RTTNews) - 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.
For fiscal 2022, the company now projects service revenue growth of 7 to 9 percent, compared to the $492.0 million reported in 2021. Previously, the company expected total service revenue growth of 5 to 7 percent.
On average, analysts polled by Thomson Reuters expect the company to report revenues of $677.78 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
|
57 hari yang lalu
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
|
66 hari yang lalu
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
|
603 hari yang lalu
Dollar Rises To Near 7-year High
The U.S. dollar rose to a near 7-week high on Friday with traders betting on just one interest rate cut by the Federal Reserve this year.
RTTNews
|
4j 35min yang lalu
Canadian Market Remains Weak Despite Paring Some Early Losses
After a slightly weak start and a subsequent drop to lower levels, the Canadian market has recovered some lost ground on Friday with select stocks finding modest support.
RTTNews
|
8j 7min yang lalu
Swiss Market Ends Weak For 2nd Straight Day
The Switzerland market ended weak on Friday, extending losses from the previous session, amid political tensions in Europe, and continued uncertainty about interest rates.
RTTNews
|
8j 29min yang lalu
European Stocks Close Weak As Political Tensions, Rate Uncertainty Continue To Weigh
European stocks closed weak on Friday, with several major markets falling to multi-week or multi-month lows, amid uncertainty about interest rates, and political tensions in Europe.
RTTNews
|
8j 42min yang lalu
Pound Falls Amid Risk Aversion
The pound lost ground against its major counterparts on Friday, as European shares fell amid persistent concerns about the upcoming parliamentary elections in France.
RTTNews
|
10j 26min yang lalu
