Iridium Announces Record Third-Quarter 2024 Results; Improves 2024 OEBITDA Outlook

MCLEAN, Va., Oct. 17, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the third quarter of 2024 and updated its full-year 2024 outlook. Net income was $24.4 million, or$0.21 per diluted share, for the third quarter of 2024, as compared to net loss of $1.6 million, or$0.01 per diluted share, for the third quarter of 2023. Operational EBITDA ("OEBITDA")(1) for the third quar ...