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Iridium Announces 2024 Results, Issues 2025 Outlook
IRDMIridium(IRDM) Prnewswire·2025-02-13 12:01

Returned a record 469milliontoshareholdersin2024MCLEAN,Va.,Feb.13,2025/PRNewswire/−−IridiumCommunicationsInc.(Nasdaq:IRDM)("Iridium")todayreportedfinancialresultsforthefourthquarterandfull−year2024andissueditsfull−year2025guidance.Netincomewas469 million to shareholders in 2024MCLEAN, Va., Feb. 13, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2024 and issued its full-year 2025 guidance. Net income was 36.3 million, or 0.32perdilutedshare,forthefourthquarterof2024,ascomparedtonetincomeof0.32 per diluted share, for the fourth quarter of 2024, as compared to net income of 38.0 million, or $0.30 per diluted share, for the fourth quarter of 2023. Operational EBITDA ("OEBITDA")(1) for the fourth qu ...