Revenue beats expectations as acquisition costs weigh on profitIridium Communications Inc. (NASDAQ:IRDM) reported second-quarter 2026 results on Wednesday that topped revenue expectations but fell short on earnings, as costs related to its pending acquisition by Rocket Lab weighed on profitability.
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InvestorsHub14d agobearish
Iridium shares edge higher despite second-quarter earnings miss (NASDAQ:IRDM)Investor's Business Daily104d agobearish
Iridium Earnings Miss. CEO Touts Satellite Phone Strategic FitIridium Communications reported Q1 earnings that missed consensus estimates while revenue edged by views. Iridium stock fell on the news.
InvestorsHub104d agobearish
Iridium falls 5% after earnings miss outweighs slight revenue beatIridium Communications Inc. (NASDAQ:IRDM) reported first-quarter results on Thursday that fell short of profit expectations, even as revenue edged past analyst forecasts, sending shares lower in premarket trading.