Iridium Communications (NASDAQ:IRDM - Get Free Report) issued its quarterly earnings results on Thursday. The technology company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.09. Iridium Communications had a return on equity of 20.28% and a net margin of 13.20%.During the same quarter in the prior year, the firm earned $0.21 earnings per share. Iridium Communications's quarterly revenue was up 6.6% compared to the same quarter last year.
Iridium Communications (NASDAQ:IRDM) Posts Earnings Results, Beats Estimates By $0.09 EPS
Iridium Communications (NASDAQ:IRDM - Get Free Report) issued its quarterly earnings results on Thursday. The technology company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.09. Iridium Communications had a return on equity of 20.28% and a net margin of 13.20%.During the same quarter in the prior year, the firm earned $0.21 earnings per share. Iridium Communications's quarterly revenue was up 6.6% compared to the same quarter last year.