Iridium Q3: Earnings Beat, Forecast Tweak, Repurchase Pause

Iridium's Q3 Earnings Soar! Satellite giant beats expectations with a 7% revenue jump and a surge in commercial IoT subscribers. But why did shares dip despite the good news? Find out about Iridium's tightened 2025 forecast, paused share buybacks, and bold moves to conquer government, regulated industries, and critical infrastructure markets. Get the inside scoop on their $1.8 billion debt and strategic shifts that could reshape the future of satellite communication.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.