Iridium Boosts FY22 Revenue Outlook - Update

RTTNews | 1015天前
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.

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Iridium Boosts FY22 Service Revenue Growth Outlook - Update

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 | 929天前
Sensex, Nifty Marginally Higher In Cautious Trade

Sensex, Nifty Marginally Higher In Cautious Trade

Indian shares were flat to slightly higher on Wednesday after the Indian Armed Forces launched precision missile strikes under 'Operation Sindoor', targeting nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK) in a strong response to the brutal Pahalgam terror attack.
RTTNews | 18分钟前
Australian Market Extends Early Gains In Mid-market

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RTTNews | 1小时20分钟前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

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RTTNews | 1小时35分钟前
Sensex, Nifty Set To Drift Lower After Strike On Pakistan Terror Bases

Sensex, Nifty Set To Drift Lower After Strike On Pakistan Terror Bases

Indian shares look set to open lower on Wednesday after the Indian Armed Forces launched precision missile strikes under 'Operation Sindoor', targeting nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK) in a strong response to the brutal Pahalgam terror attack.
RTTNews | 2小时3分钟前
Japanese Market Slightly Lower

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The Japanese stock market is trading slightly lower on Wednesday after opening in the green, snapping a seven-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 36,800 level, with weakness in exporters and automaker stocks partially offset by gains in technology and financial stocks.
RTTNews | 3小时12分钟前