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Satellite operator Iridium Communications agreed to take full control of a company that tracks airplane movements, betting it can grow the air data provider into a bigger business.
Iridium Communications (NASDAQ:IRDM) reported first-quarter 2026 results that management said came in as expected, while reiterating full-year guidance and highlighting a busy product roadmap spanning satellite IoT, assured positioning, navigation and timing (PNT), and a standards-based non-terrestr
Moby summary of Iridium Communications Inc.'s Q1 2026 earnings call
Iridium Communications reported Q1 earnings that missed consensus estimates while revenue edged by views. Iridium stock fell on the news.
Iridium 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.
Joining me on the call this morning are our CEO, Matthew J. Desch, and our CFO, Vincent J. O'Neill. Today’s call will begin with a discussion of our first quarter results followed by Q&A. I trust you have had the opportunity to review this morning’s earnings release, which is available on the Investor Relations section of Iridium Communications Inc.’s website.