Iridium Comms Q2 EPS $0.20 Misses $0.24 Estimate, Sales $216.906M Beat $214.079M Estimate

Benzinga07-24

Iridium Comms (NASDAQ:IRDM) reported quarterly earnings of $0.20 per share which missed the analyst consensus estimate of $0.24 by 15.25 percent. This is a 25.93 percent decrease over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $216.906 million which beat the analyst consensus estimate of $214.079 million by 1.32 percent. This is a 7.88 percent increase over sales of $201.067 million the same period last year.

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