Iridium Reports Higher Revenue, Subscriber Growth & Profit in Q2 2024; Matt Desch Quoted

Iridium Communications (Nasdaq: IRDM) reported financial results for the second quarter of 2024, highlighting revenue and subscriber growth plus profit during the period. In the three months ending June 30, 2024, total revenue increased 3.9 percent year-over-year to $201 million, while net income reached $32.3 million compared to the $30.7 million net loss in Q2

Leave a Reply

Your email address will not be published. Required fields are marked *