Iridium Revenue Jumps 8 Percent in Q2
Iridium Communications (NASDAQ:IRDM), a global provider of satellite communications, released its Q2 2025 earnings on July 24, 2025. The company reported GAAP revenue of $216.9 million, beating analyst estimates of $214.1 million by 1.3%. However, Earnings per share (EPS, GAAP) came in at $0.20, falling short of the $0.24 consensus estimate and down from last year's $0.27. The quarter saw a solid top-line performance, but profits declined year over year. Management also lowered its full-year 2025 service revenue growth outlook to a range of 3% to 5% and raised its quarterly dividend. Overall, the quarter offered mixed signals: stable core operations, challenges in equipment sales, and softened government and broadband activity.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Iridium Communications delivers satellite-based voice and data services worldwide using a network of 66 low Earth orbit (LEO) satellites. Its global system is unique for covering even remote and polar regions with real-time connectivity and low latency. The company serves commercial markets in maritime, aviation, IoT (Internet of Things), and government sectors, with critical applications in defense, logistics, and emergencies.
Source Fool.com
