Iridium Q3 profit rises to $106.9 million
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Iridium Communications (NASDAQ:IRDM) reported third-quarter 2026 revenue of $245.7 million, up 8% year over year, while net income increased to $106.9 million.
Iridium Communications (NASDAQ:IRDM) reported third-quarter 2026 revenue of $245.7 million, up 8% year over year, while net income increased to $106.9 million.
Iridium Communications (NASDAQ:IRDM) reported second-quarter revenue of $225.2 million, up 4%, with service revenue reaching $161.3 million.
Iridium (NASDAQ:IRDM) announced it completed the acquisition of Aireon to combine global satellite communications with space-based air traffic surveillance.
Iridium Communications (NASDAQ:IRDM), a global leader in satellite voice and data services, delivered steady growth for the first quarter of 2026, supported by an expanding subscriber base in the Internet of Things (IoT) and maritime sectors.
Rocket Lab (NASDAQ:RKLB) agreed to acquire Iridium (NASDAQ:IRDM) in a transaction valuing the combined deal at about $8 billion enterprise value, combining cash, stock, and structured consideration for shareholders.
