The third quarter financial results of Iridium Communications (NASDAQ: IRDM) will be unveiled on Thursday 17th October 2024. This eagerly awaited announcement is scheduled to occur before market open.
It appears that the firm is on the verge of revealing their estimated $0.20 profit per share for the quarter, as well as their total revenue of $206.18 million for this specific period, according to financial experts on Wall Street.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share loss of $0.01. Notably, the company's total revenue reached an impressive $197.6 million during that specific period.
Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $815.07 million. Additionally, they expect the company to report per share profit of $0.81 for the fiscal year.
IRDM has scheduled a conference call on 17th October 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
Throughout the trading day, Iridium Communications (IRDM) shares fluctuated between $29.76 and $30.56, with a trading volume of 2.14 million shares. The stock ended the regular trading session at $30.20, demonstrating an increase of 0.43 percent.
