Iridium Communications Stock (NASDAQ:IRDM)
Previous Close
$29.50
52W Range
$24.14 - $41.64
50D Avg
$29.75
200D Avg
$28.25
Market Cap
$3.33B
Avg Vol (3M)
$1.08M
Beta
0.65
Div Yield
$0.55 (1.88%)
IRDM Company Profile
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia.
IRDM Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
Product/Service | Dec 23 | Dec 22 | Dec 21 |
---|---|---|---|
Commercial Voice and Data Services | $219.24M | $193.11M | $175.58M |
Commercial IoT Data Services | $141.04M | $125.02M | $110.92M |
Commercial Broadband Services | $57.88M | $51.14M | $42.99M |
Service | $584.45M | $534.72M | $491.99M |
Engineering and Support Services | $101.13M | $51.60M | $30.44M |
Hosted Payload and Other Data Services | $60.30M | $59.45M | $58.61M |
Government Services | - | $106.00M | $103.89M |
Commercial Service Revenue | - | $428.72M | $388.10M |
Peer Comparison
Ticker | Company |
---|---|
IDCC | InterDigital, Inc. |
LBRDA | Liberty Broadband Corporation |
VOD | Vodafone Group Public Limited Company |
SKM | SK Telecom Co.,Ltd |
ATNI | ATN International, Inc. |
IDT | IDT Corporation |
IHS | IHS Holding Limited |
VIV | Telefônica Brasil S.A. |
CABO | Cable One, Inc. |
LUMN | Lumen Technologies, Inc. |
TEF | Telefónica, S.A. |
CHTR | Charter Communications, Inc. |
CCOI | Cogent Communications Holdings, Inc. |
SIFY | Sify Technologies Limited |
TIMB | TIM S.A. |
AMX | América Móvil, S.A.B. de C.V. |
CNSL | Consolidated Communications Holdings, Inc. |
ASTS | AST SpaceMobile, Inc. |