CEO Matt Desch highlighted that service revenue continued to expand, driven by new services and subscriber growth. He noted the impact of recently announced U.S. tariffs, estimating a $3M increase in ...
CEO Matthew Desch stated that Iridium “achieved our 2025 guidance,” with service revenue on target and operational EBITDA growing 5% for the full year. He emphasized the company’s strong free cash ...
Shares were up 19% to $11.66 in Monday morning trading. The stock has fallen 61% year-to-date. The company said it may hit its target of positive free cash flow sooner than fiscal 2027. It also guided ...