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Iridium Communications Inc (IRDM)
NASDAQ:IRDM
Earnings Data
Report Date
Jul 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.24Last Year’s EPS
0.27Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 22, 2025
|% Change Since: 9.70%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced outlook, with notable growth in operational EBITDA and IoT services, as well as challenges related to tariffs and commercial broadband declines. The company is managing these challenges through strategic supply chain adjustments and remains optimistic about future growth, particularly in IoT and PNT services.Company Guidance
During the Iridium Communications first-quarter 2025 conference call, the company provided guidance on anticipated financial impacts and strategic adjustments in light of recent tariff changes and geopolitical shifts. Iridium estimates that current U.S. trade policies, with a minimum 10% tariff on imports from Thailand, could result in approximately $3 million in incremental costs for 2025, potentially impacting operational EBITDA (OEBITDA). If tariffs were to rise to 36%, costs could increase by $6 million to $7 million. Despite these challenges, Iridium remains confident in its guidance for 5% to 7% service revenue growth and OEBITDA in the range of $490 million to $500 million for the year. The company is mitigating tariff impacts by expanding logistics operations in Europe and maintaining a strong supply chain. Additionally, Iridium projects pro forma free cash flow of $302 million for 2025, with plans to increase its quarterly dividend and continue share repurchases, underscoring its confidence in long-term growth and shareholder value.Operational EBITDA Growth
Operational EBITDA increased by 6% in the first quarter to $122.1 million, driven by commercial services and engineering and support.
Commercial IoT Revenue Increase
Commercial IoT revenue rose by 11% from the previous year to $43.8 million, driven by a two-year contract with the largest IoT partner and demand for personal satellite communication services.
Service Revenue Expansion
Service revenue continued to grow with new service rollouts and subscriber growth. The company forecasts growth across most product lines.
Strong Equipment Quality
Out of 850,000 items shipped last year, only about 100 were returned, indicating high equipment quality.
Dividend Increase
Iridium's Board intends to increase the quarterly dividend to $0.15 per share in the third quarter of 2025, representing a 5% increase over 2024.
Iridium PNT and STL Growth
There is increasing demand for Iridium's position, navigation, and timing services, with significant interest in solving GPS issues.
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IRDM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IRDM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2025 | $23.20 | $21.61 | -6.85% |
Feb 13, 2025 | $27.58 | $31.83 | +15.41% |
Oct 17, 2024 | $29.91 | $33.24 | +11.13% |
Jul 23, 2024 | $25.53 | $27.38 | +7.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Iridium Communications Inc (IRDM) report earnings?
Iridium Communications Inc (IRDM) is schdueled to report earning on Jul 29, 2025, TBA Not Confirmed.
What is Iridium Communications Inc (IRDM) earnings time?
Iridium Communications Inc (IRDM) earnings time is at Jul 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IRDM EPS forecast?
IRDM EPS forecast for the fiscal quarter 2025 (Q2) is 0.24.
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