Tag Archives: oebitda

Iridium Reports Fourth Quarter 2020, Issues Full Year 2021 Guidance; Matt Desch Quoted

Matt Desch

Iridium Communications has reported its financial results for the fourth quarter of 2020 and issued its full-year 2021 guidance. The company reported fourth-quarter total revenue of $146.5 million, which consisted of $116.9 million of service revenue and $29.6 million of revenue related to equipment sales and engineering and support projects. 

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Iridium Reports Third Quarter 2020 Results; Matt Desch Quoted

Matt Desch

Iridium has announced financial results for the third quarter of 2020, reporting that  net loss was $4.0 million, as compared to net loss of $18.0 million for the third quarter of 2019, which is attributable to the lower net interest expenses related to the refinancing of Iridium's credit facility and high-yield notes from the year ago period.  

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