Reports Q2 revenue $216.9M, consensus $214.16M. “We’re making great progress on our direct-to-device service with testing now underway and are also finding exciting, innovative applications for our new PNT service,” said Matt Desch, CEO, Iridium (IRDM). Desch added, “I’m pleased that the Board approved an increase to our September quarterly dividend. This 5% increase for the full year demonstrates our confidence in Iridium’s long-term prospects and continued growth.”
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