Iridium Comms Q2 EPS $0.09 Misses $0.28 Estimate, Sales $225.237M Beat $220.654M Estimate
Iridium Comms (NASDAQ:IRDM) reported quarterly earnings of $0.09 per share which missed the analyst consensus estimate of $0.28 by 67.86 percent. This is a 55 percent decrease over earnings of $0.20 per share from the
Iridium made less profit per share than experts thought it would, even though it sold more stuff than expected. When a company makes less money than people predicted, it's a sign to watch whether the business is really growing or just hitting a bumpy patch.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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