Iridium Q3 Results Beat Expectations
6 Articles
6 Articles
Iridium Q3 results beat expectations
Satellite operator Iridium Communications, itself in the process of being acquired by Rocket Lab, reported better than expected results for its Q3 trading. Iridium reported Q3 total revenue of $245.7 million (€218.7m), an 8 per cent increase versus the comparable period of 2025. Service revenue grew 13 per cent from the year-ago period, primarily due […]
Aireon Acquisition Changes Iridium’s Third-Quarter Revenue and Earnings
Iridium’s third-quarter 2026 results included Aireon following the acquisition’s July 2 closing. Revenue reached $245.7 million, up 8% from a year earlier. Commercial service revenue rose 16% to $159.9 million, primarily because of the acquisition.
Iridium (NASDAQ: IRDM) posts 8% higher revenue as Rocket Lab deal wins approval
What happened Iridium Communications Inc. (NASDAQ: IRDM) said third-quarter revenue rose 8% to $245.7 million. Stockholders also approved Rocket Lab's acquisition. The company completed its acquisition of Aireon on July 2, 2026. Net income was $106.9 million, or $0.98 per diluted share. Commercial service revenue rose 16% to $159.9 million. Hosted payload and other data […]
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