IRDM RSI Chart
Last 7 days
-4.1%
Last 30 days
18.1%
Last 90 days
-12.8%
Trailing 12 Months
-52.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 789.3M | 0 | 0 | 0 |
2023 | 758.1M | 776.3M | 789.8M | 790.7M |
2022 | 636.2M | 661.2M | 683.1M | 721.0M |
2021 | 584.7M | 594.4M | 605.1M | 614.5M |
2020 | 572.0M | 569.1M | 575.8M | 583.4M |
2019 | 537.5M | 545.7M | 553.7M | 560.4M |
2018 | 462.8M | 486.1M | 506.3M | 523.0M |
2017 | 433.9M | 436.3M | 440.0M | 448.0M |
2016 | 418.6M | 425.8M | 432.6M | 433.6M |
2015 | 407.5M | 406.9M | 405.5M | 411.4M |
2014 | 391.5M | 399.3M | 406.3M | 408.6M |
2013 | 379.2M | 376.6M | 376.7M | 382.6M |
2012 | 386.5M | 387.9M | 386.2M | 383.5M |
2011 | 357.7M | 369.7M | 377.3M | 384.3M |
2010 | 0 | 166.7M | 257.4M | 348.2M |
2009 | 0 | 0 | 0 | 76.0M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 01, 2024 | morgan kathleen a. | sold (taxes) | -16,789 | 25.99 | -646 | chief legal officer |
Mar 29, 2024 | olson eric t | acquired | - | - | 635 | - |
Mar 29, 2024 | sears kay | acquired | - | - | 25.00 | - |
Mar 29, 2024 | yeaney jacqueline e | acquired | - | - | 37.2 | - |
Mar 29, 2024 | canfield thomas c | acquired | - | - | 991 | - |
Mar 29, 2024 | frazier leon anthony | acquired | - | - | 61.8 | - |
Mar 29, 2024 | niehaus robert h | acquired | - | - | 595 | - |
Mar 29, 2024 | harman jane l. | acquired | - | - | 300 | - |
Mar 29, 2024 | krongard a b | acquired | - | - | 446 | - |
Mar 15, 2024 | desch matthew j | acquired | 1,410,440 | 9.45 | 149,253 | chief executive officer |
Which funds bought or sold IRDM recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 07, 2024 | ClariVest Asset Management LLC | sold off | -100 | -920,297 | - | -% |
May 07, 2024 | SEI INVESTMENTS CO | sold off | -100 | -626,759 | - | -% |
May 07, 2024 | Smithfield Trust Co | unchanged | - | -3,000 | 6,000 | -% |
May 07, 2024 | Headlands Technologies LLC | added | 343 | 108,576 | 168,340 | 0.04% |
May 07, 2024 | Susquehanna Portfolio Strategies, LLC | unchanged | - | -6,303,260 | 10,992,900 | 0.26% |
May 07, 2024 | Arizona State Retirement System | reduced | -2.63 | -493,576 | 801,359 | 0.01% |
May 07, 2024 | Inspire Investing, LLC | added | 44.39 | -35,071 | 390,900 | 0.04% |
May 07, 2024 | ASSETMARK, INC | sold off | -100 | -123 | - | -% |
May 07, 2024 | Malaga Cove Capital, LLC | added | 160 | 307,065 | 777,318 | 0.32% |
May 07, 2024 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -12.84 | -1,438,000 | 1,785,000 | -% |
Unveiling Iridium Communications Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Iridium Communications Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
TMUS | 190.8B | 78.5B | 21.8 | 2.43 | ||||
VZ | 166.4B | 134.0B | 14.72 | 1.24 | ||||
T | 122.6B | 122.3B | 11.7 | 1 | ||||
CHTR | 39.4B | 54.6B | 8.32 | 0.72 | ||||
MID-CAP | ||||||||
CCOI | 3.0B | 940.9M | 2.36 | 3.2 | ||||
IDCC | 2.7B | 610.8M | 14.01 | 4.37 | ||||
GSAT | 2.4B | 221.6M | -69.98 | 10.87 | ||||
CABO | 2.2B | 1.7B | 8.63 | 1.34 | ||||
SMALL-CAP | ||||||||
ATUS | 938.3M | 9.2B | 152.82 | 0.1 | ||||
ATEX | 585.2M | 3.5M | 36.98 | 165.37 | ||||
CNSL | 508.1M | 1.1B | -1.8 | 0.46 | ||||
ATNI | 367.1M | 762.2M | -19.57 | 0.48 | ||||
CXDO | 104.9M | 55.0M | 63.43 | 1.91 | ||||
DISH | - | 15.3B | - | - |
Iridium Communications Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 4.7% | 204 | 195 | 198 | 193 | 205 | 194 | 184 | 175 | 168 | 156 | 162 | 150 | 147 | 147 | 151 | 140 | 145 | 139 | 145 | 143 | 134 |
Costs and Expenses | 3.8% | 154 | 148 | 169 | 209 | 182 | 175 | 166 | 154 | 149 | 145 | 147 | 138 | 138 | 141 | 139 | 134 | 133 | 139 | 137 | 139 | 135 |
S&GA Expenses | 7.3% | 37.00 | 34.00 | 33.00 | 37.00 | 39.00 | 37.00 | 32.00 | 29.00 | 26.00 | 28.00 | 26.00 | 24.00 | 23.00 | 27.00 | 21.00 | 21.00 | 21.00 | 25.00 | 23.00 | 21.00 | 24.00 |
R&D Expenses | 25.7% | 7.00 | 6.00 | 5.00 | 6.00 | 4.00 | 6.00 | 5.00 | 3.00 | 3.00 | 4.00 | 3.00 | 3.00 | 3.00 | 4.00 | 3.00 | 2.00 | 2.00 | 4.00 | 3.00 | 4.00 | 4.00 |
EBITDA Margin | -2.1% | 0.28* | 0.28* | 0.28* | 0.31* | 0.33* | 0.35* | 0.36* | 0.37* | 0.36* | 0.33* | 0.30* | 0.29* | 0.26* | 0.21* | -0.02* | -0.06* | - | - | - | - | - |
Interest Expenses | -8.1% | -20.66 | -19.11 | -34.66 | -18.72 | -17.89 | -18.10 | -17.63 | -14.78 | -14.58 | -15.89 | -17.61 | -17.63 | -22.77 | -22.69 | -22.63 | -22.51 | -26.44 | -30.32 | -30.49 | -28.99 | -25.60 |
Income Taxes | 182.8% | 8.00 | -9.58 | -6.00 | -5.21 | -5.45 | -0.69 | -2.10 | 1.00 | 2.00 | 0.00 | -1.46 | -10.00 | -8.60 | -9.97 | -5.70 | -4.58 | -12.70 | -34.17 | -4.44 | -7.76 | -9.74 |
Earnings Before Taxes | -3.5% | 29.00 | 30.00 | -6.20 | -34.27 | 6.00 | -0.01 | 0.00 | 6.00 | 5.00 | -5.39 | -3.54 | -6.15 | -13.80 | -17.88 | -9.70 | -17.00 | -44.40 | -142 | -22.46 | -25.87 | -27.76 |
EBT Margin | 503.3% | 0.02* | -0.01* | -0.04* | -0.04* | 0.02* | 0.01* | 0.01* | 0.00* | -0.02* | -0.05* | -0.07* | -0.08* | -0.10* | -0.15* | -0.37* | -0.40* | - | - | - | - | - |
Net Income | -48.3% | 20.00 | 38.00 | -1.64 | -30.74 | 10.00 | -0.81 | 2.00 | 5.00 | 3.00 | -5.88 | -2.08 | 4.00 | -5.18 | -7.92 | -4.00 | -12.42 | -31.70 | -107 | -18.01 | -18.11 | -18.02 |
Net Income Margin | 64.4% | 0.03* | 0.02* | -0.03* | -0.03* | 0.02* | 0.01* | 0.01* | 0.00* | 0.00* | -0.02* | -0.02* | -0.02* | -0.05* | -0.10* | -0.27* | -0.30* | - | - | - | - | - |
Free Cashflow | -20.6% | 57.00 | 72.00 | 59.00 | 65.00 | 46.00 | 64.00 | 75.00 | 82.00 | 52.00 | 76.00 | 78.00 | 65.00 | 41.00 | 61.00 | 64.00 | 55.00 | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 2.8% | 2,736 | 2,662 | 2,706 | 2,780 | 2,872 | 2,954 | 3,063 | 3,077 | 3,077 | 3,181 | 3,206 | 3,201 | 3,267 | 3,361 | 3,366 | 3,374 | 3,391 | 3,624 | 3,827 | 3,917 | 4,026 |
Current Assets | 39.0% | 377 | 271 | 253 | 269 | 279 | 306 | 358 | 343 | 351 | 424 | 393 | 322 | 322 | 348 | 287 | 229 | 180 | 343 | 294 | 321 | 397 |
Cash Equivalents | 142.1% | 174 | 72.00 | 68.00 | 103 | 127 | 169 | 219 | 227 | 232 | 321 | 287 | 213 | 215 | 237 | 183 | 119 | 67.00 | 224 | 367 | 370 | 469 |
Inventory | 1.5% | 93.00 | 91.00 | 71.00 | 56.00 | 37.00 | 40.00 | 39.00 | 28.00 | 28.00 | 29.00 | 23.00 | 28.00 | 30.00 | 32.00 | 33.00 | 37.00 | 38.00 | 40.00 | 39.00 | 37.00 | 35.00 |
Net PPE | -1.7% | 2,158 | 2,196 | 2,229 | 2,291 | 2,384 | 2,433 | 2,480 | 2,541 | 2,596 | 2,662 | 2,720 | 2,786 | 2,851 | 2,917 | 2,981 | 3,046 | 3,111 | 3,181 | 3,239 | 3,304 | 3,337 |
Liabilities | 6.1% | 1,882 | 1,774 | 1,781 | 1,780 | 1,786 | 1,825 | 1,917 | 1,896 | 1,885 | 1,893 | 1,884 | 1,887 | 1,903 | 1,942 | 1,950 | 1,965 | 1,977 | 2,164 | 2,268 | 2,344 | 2,440 |
Current Liabilities | -14.1% | 113 | 132 | 119 | 124 | 116 | 142 | 127 | 106 | 96.00 | 109 | 93.00 | 87.00 | 88.00 | 113 | 101 | 102 | 89.00 | 114 | 323 | 285 | 376 |
Short Term Borrowings | -100.0% | - | 15.00 | - | - | - | 17.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Long Term Debt | -100.0% | - | 1,467 | - | - | - | 1,471 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholder's Equity | -3.9% | 854 | 888 | 925 | 1,000 | 1,086 | 1,129 | 1,145 | 1,181 | 1,192 | 1,288 | 1,322 | 1,314 | 1,364 | 1,419 | 1,415 | 1,409 | 1,414 | 1,459 | 1,559 | 1,573 | 1,587 |
Retained Earnings | -8.9% | -256 | -235 | -233 | -170 | -83.12 | -47.74 | -37.76 | 21.00 | 43.00 | 141 | 176 | 181 | 225 | 276 | 284 | 288 | 300 | 332 | 440 | 458 | 484 |
Additional Paid-In Capital | -1.8% | 1,070 | 1,089 | 1,105 | 1,119 | 1,127 | 1,125 | 1,126 | 1,128 | 1,127 | 1,154 | 1,155 | 1,146 | 1,153 | 1,161 | 1,152 | 1,142 | 1,136 | 1,134 | 1,127 | 1,122 | 1,111 |
Shares Outstanding | 0.3% | 123 | 123 | 125 | 126 | 127 | 126 | 128 | 129 | 130 | 134 | 134 | 134 | 135 | 133 | 134 | 133 | - | - | - | - | - |
Float | - | - | - | - | 5,079 | - | - | - | 3,627 | - | - | - | 3,411 | - | - | - | 2,895 | - | - | - | 2,601 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -18.7% | 71,426 | 87,807 | 71,116 | 87,048 | 68,942 | 90,271 | 88,893 | 99,795 | 65,770 | 89,737 | 87,170 | 75,201 | 50,766 | 70,630 | 74,605 | 63,719 | 40,813 | 55,690 | 78,365 | 15,968 | 48,120 |
Share Based Compensation | 17.1% | 14,000 | 11,953 | 15,945 | 16,791 | 12,766 | 12,106 | 13,702 | 9,684 | 8,240 | 6,695 | 7,548 | 7,633 | 4,906 | 4,154 | 4,765 | 4,097 | 3,698 | 3,614 | 4,134 | 4,063 | 3,327 |
Cashflow From Investing | 10.1% | -14,564 | -16,202 | -11,998 | -22,382 | -32,905 | -26,511 | -13,738 | -67,450 | -13,568 | -12,638 | -4,807 | -9,520 | -9,417 | -17,203 | -10,612 | -9,168 | -9,487 | -15,063 | -10,175 | -57,938 | -44,643 |
Cashflow From Financing | 166.3% | 45,524 | -68,681 | -93,430 | -86,980 | -77,961 | -111,187 | -83,025 | -39,442 | -141,326 | -42,738 | -8,509 | -67,958 | -63,264 | 294 | 603 | -3,058 | -186,025 | -184,597 | -71,242 | -56,081 | -1,360 |
Dividend Payments | 0.3% | 16,055 | 16,001 | 16,112 | 16,259 | 16,428 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Buy Backs | 10.3% | 57,240 | 51,880 | 75,374 | 66,642 | 53,123 | 7,666 | 80,229 | 34,998 | 134,166 | 38,336 | 2,638 | 63,133 | 59,335 | - | - | - | - | - | - | - | - |
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenue: | ||
Total revenue | $ 203,853 | $ 205,273 |
Operating expenses: | ||
Research and development | 7,198 | 3,878 |
Selling, general and administrative | 36,811 | 38,684 |
Depreciation and amortization | 49,744 | 75,819 |
Total operating expenses | 154,082 | 182,125 |
Operating income | 49,771 | 23,148 |
Other income (expense), net: | ||
Interest expense, net | (20,663) | (17,890) |
Other income, net | 43 | 219 |
Total other expense, net | (20,620) | (17,671) |
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest | 29,151 | 5,477 |
Income tax benefit (expense) | (7,931) | 5,453 |
Loss on equity method investments | (1,567) | (1,155) |
Net income | $ 19,653 | $ 9,775 |
Weighted Average Number of Shares Outstanding, Basic | 123,151 | 127,058 |
Weighted Average Number of Shares Outstanding, Diluted | 123,993 | 128,738 |
Earnings Per Share, Basic and Diluted | $ 0.16 | $ 0.08 |
Comprehensive income: | ||
Net income | $ 19,653 | $ 9,775 |
Foreign currency translation adjustments | (396) | 91 |
Unrealized Gain on Cash Flow Hedging, net of tax | 6,733 | (9,656) |
Comprehensive income | $ 25,990 | $ 210 |
Earnings Per Share, Diluted | $ 0.16 | $ 0.08 |
Services | ||
Revenue: | ||
Total revenue | $ 148,577 | $ 139,349 |
Operating expenses: | ||
Cost of Goods and Services Sold | 46,449 | 36,605 |
Subscriber equipment | ||
Revenue: | ||
Total revenue | 24,868 | 41,676 |
Operating expenses: | ||
Cost of Goods and Services Sold | 13,880 | 27,139 |
Engineering and support services | ||
Revenue: | ||
Total revenue | $ 30,408 | $ 24,248 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 174,025 | $ 71,870 |
Accounts receivable, net | 93,025 | 91,715 |
Inventory | 92,538 | 91,135 |
Prepaid expenses and other current assets | 17,204 | 16,364 |
Total current assets | 376,792 | 271,084 |
Property and equipment, net | 2,158,250 | 2,195,758 |
Equity Method Investments | 65,556 | 67,130 |
Other assets | 94,383 | 86,708 |
Intangible assets, net | 40,977 | 41,095 |
Total assets | 2,735,958 | 2,661,775 |
Current liabilities: | ||
Short-term secured debt | 16,250 | 15,000 |
Accounts payable | 22,554 | 28,671 |
Accrued expenses and other current liabilities | 42,928 | 54,826 |
Deferred revenue | 31,269 | 33,057 |
Total current liabilities | 113,001 | 131,554 |
Long-term secured debt, net | 1,587,507 | 1,467,490 |
Deferred income tax liabilities, net | 123,767 | 114,642 |
Deferred revenue, net of current portion | 42,434 | 43,965 |
Other long-term liabilities | 15,564 | 16,025 |
Total liabilities | 1,882,273 | 1,773,676 |
Commitments and contingencies | ||
Stockholders’ equity: | ||
Additional paid-in capital | 1,069,638 | 1,089,466 |
Accumulated deficit | (256,319) | (235,397) |
Accumulated other comprehensive income, net of tax | 40,244 | 33,907 |
Total stockholders’ equity | 853,685 | 888,099 |
Total liabilities and stockholders’ equity | 2,735,958 | 2,661,775 |
Common Stock, Shares [Member] | ||
Stockholders’ equity: | ||
Common stock, $0.001 par value, 300,000 shares authorized, 121,643 and 122,776 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively | $ 122 | $ 123 |