Iridium Falls 22% on Q2 Earnings Miss & Lowered View, Revenues Up Y/Y
Key Takeaways IRDM reported Q2 EPS of 0.27, due to last year's one-time 216.9M, beating estimates, led by gains in service, equipment and engineering.IRDM cut 2025 service revenue growth view to 3-5% amid subscriber losses and PNT revenue delay.Iridium Communications ((IRDM) reported earnings per share (EPS) of 20 cents for the second quarter of 2025, missing the Zacks Consensus Estimate by 13%. The bottom line compared unfavorably with the ...