Iridium Communications Inc (IRDM) 8.24 $IRDM
Upgrade Alert for Iridiummmunications (IRDM)
Comtex SmarTrend(R) - Fri Aug 01, 7:07AM CDT
Iridiummmunications (NASDAQ:IRDM) was upgraded from Fair Value to Buy at CRT Capital today. The stock closed yesterday at $8.18 on volume of 1.7 million shares, above average daily volume of 1.1 million. In the past 52 weeks, shares of Iridiummmunications have traded between a low of $5.25 and a high of $9.73 and closed yesterday at $8.18, which is 56% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.4%.
Iridium Announces Second-Quarter 2014 Results; Company Affirms 2014 and Long-Range Outlook
GlobeNewswire - Thu Jul 31, 6:00AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"
today reported financial results for the second quarter of 2014 and affirmed its full-year 2014 and long-range outlook. Net income was $15.0 million, or $0.14 per diluted share, for the second quarter of 2014, as compared to $15.4 million, or $0.18 per diluted share, for the second quarter of 2013. Operational EBITDA ("OEBITDA" for the second quarter was $54.7 million, as compared to $51.1 million for the prior-year period, representing a year-over-year increase of 7 percent and an OEBITDA margin of 53 percent. OEBITDA grew largely due to higher service revenue.
Iridium GO!(TM), World's First Truly Global Mobile Satellite Hotspot, Now Available
GlobeNewswire - Mon Jul 28, 6:12AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) today announced broad availability of the world's first truly global mobile satellite hotspot. The new Iridium GO! connects to smartphones and tablets by creating a satellite-based Wi-Fi zone, dramatically extending voice and data coverage of these devices when they are out of range of terrestrial networks. This first of its kind product is also the lowest cost device and service offering that Iridium has ever made, making global connectivity more affordable than ever.
Next Generation Iridium Broadband Products to be Available as Early as 2016
GlobeNewswire - Thu Jul 24, 7:00AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) today announced that it is on track to facilitate a new portfolio of broadband subscriber products for aviation, maritime and land mobile markets, expected to be available as early as 2016. On July 21, 2014, Iridium issued a request for proposals (RFP) to more than 30 companies for the design, development, production and distribution of new broadband subscriber products, leveraging the higher data speeds and enhanced capabilities enabled by Iridium NEXT. Iridium will select and contract with an exclusive group of suppliers that have demonstrated engineering expertise and extensive distribution capabilities, and work with them to develop Iridium NEXT-compatible products.
First Flight Main Mission Antennas Completed for Iridium NEXT Satellites
GlobeNewswire - Mon Jul 21, 6:09AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) today announced the completion of the first five flight main mission antennas (MMAs) for the Iridium NEXT constellation. A key component of each new satellite, the antennas are sophisticated pieces of equipment. The antennas manage the reception and transmission of data to and from various Iridium customer devices. Each MMA is built to exacting specifications, using the lowest possible amount of power with the highest possible throughput to transmit and receive data.
Iridium Announces Release Date for Second-Quarter 2014 Financial Results
GlobeNewswire - Thu Jul 10, 3:00PM CDT
Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium" will host a conference call on Thursday, July 31, 2014 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2014 financial results. In advance of the call on July 31, 2014, Iridium will issue its second-quarter 2014 earnings press release, which will be available at http://www.iridium.com. To participate in the teleconference, callers can dial the toll-free number 1-877-334-1964 (U.S. callers only) or 1-631-291-4574 (from outside the U.S.). To help ensure the conference call begins in a timely manner, please dial in five minutes prior to the scheduled start time. The conference call will also be simultaneously webcast at http://www.iridium.com.
Iridium Completes Billing and Revenue Management System Consolidation to Support Iridium NEXT Services
GlobeNewswire - Thu Jul 10, 6:10AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) and Oracle (NYSE:ORCL), today announced Iridium has completed implementation of the Oracle Communications Billing and Revenue Management solution. The fully convergent charging and billing system replaces multiple legacy systems and will enable Iridium to streamline billing processes, easily manage the entire revenue lifecycle, and provide a single invoice and a unified interface to its customers.
Uptrend Call Working As Iridiummmunications Stock Rises 10.2% (IRDM)
Comtex SmarTrend(R) - Tue Jul 08, 5:24PM CDT
SmarTrend identified an Uptrend for Iridiummmunications (NASDAQ:IRDM) on May 20th, 2014 at $7.58. In approximately 2 months, Iridiummmunications has returned 10.23% as of today's recent price of $8.35.
First Successful Call Completed Over Iridium Next Hardware
GlobeNewswire - Tue Jul 08, 6:11AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) and its prime contractor, Thales Alenia Space, announced an important milestone in the development of the new Iridium NEXT constellation by completing the first successful end-to-end test call using Iridium NEXT hardware. The call provides initial validation of the L-band hardware and processing software that will be used in the Iridium NEXT constellation.
Iridium, SpaceX complete dispenser qualification tests
M2 - Mon Jul 07, 8:52AM CDT
Iridium Communications Inc. (NASDAQ: IRDM) and SpaceX said they have announced the successful completion of dispenser qualification testing for the Iridium NEXT constellation.
Iridium's Application to Provide Global Maritime Distress and Safety System Services Receives Support From International Maritime Organization Sub-Committee
GlobeNewswire - Mon Jul 07, 6:00AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) today announced that its application to the International Maritime Organization (IMO) for the provision of mobile satellite communications in the Global Maritime Distress and Safety System (GMDSS) was reviewed by the IMO Sub-Committee on Navigation, Communications and Search and Rescue (NCSR). The application will now proceed to the Maritime Safety Committee (MSC) at its next meeting in November, before advancing to a group of experts for comprehensive technical and operational evaluation.
PetSmart and NQ Mobile are big market movers
AP - Thu Jul 03, 12:33PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
Iridium and SpaceX Successfully Complete Dispenser Qualification Tests
GlobeNewswire - Thu Jul 03, 6:00AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) and SpaceX today announced the successful completion of dispenser qualification testing for the Iridium NEXT constellation. The dispenser is the mission-unique assembly that holds the satellites during launch and manages the perfectly timed separation of each satellite from the rocket, placing each of the satellites into its proper orbit. The testing program, a key milestone in the Iridium NEXT constellation build, included four types of testing on the satellite dispenser: fit check, separation and shock testing, a modal survey, and static loads testing. Overall the tests ensure launch shock environment, mechanical form, fit and function, separation dynamics, fundamental frequency and structural integrity.
Alternative Carriers Stocks Review -- Research on tw telecom, Level 3 Communications, Iridium Communications, and 8x8
PR Newswire - Fri Jun 20, 6:00AM CDT
The trading session on Thursday, June 19, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,921.46, up 0.09% and the NASDAQ Composite closed at 4,359.33, down 0.08%. The S&P 500 finished the day 0.13% higher at 1,959.48. During the trading session, six out of the ten sectors finished on a positive note. The S&P 500 Telecommunication Services Sector Index finished the day 0.31% higher at 159.33, and the index has gained 7.79% in the previous three months. Investor-Edge has initiated coverage on the following equities: tw telecom inc. (NASDAQ: TWTC), Level 3 Communications Inc. (NYSE: LVLT), Iridium Communications Inc. (NASDAQ: IRDM) and 8x8 Inc. (NASDAQ: EGHT). Free technical research on TWTC, LVLT, IRDM and EGHT can be downloaded upon signing up at:
Conference Call Schedules, Board Appointments, New Products, Grants, and Awards - Analyst Notes on Quality Systems, II-VI, Power Integrations, Iridium and Marketo
PR Newswire - Mon Jun 16, 4:50AM CDT
Today, Analysts Review released its analysts' notes regarding Quality Systems Inc. (NASDAQ: QSII), II-VI Inc. (NASDAQ: IIVI), Power Integrations Inc. (NASDAQ: POWI), Iridium Communications Inc. (NASDAQ: IRDM) and Marketo, Inc. (NASDAQ: MKTO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2898-100free.
Iridium active in US Army's network integration evaluation process
M2 - Tue Jun 10, 11:23AM CDT
Iridium Communications Inc. (NASDAQ: IRDM) said it is participating in the US Army's Network Integration Evaluation process by presenting a position location information-based tracking device, enhanced mobile satellite system beacon manufactured by NAL Research and exercised in the NIE "demonstration" category.
Iridium Participating in U.S. Army's Network Integration Evaluation Process
GlobeNewswire - Mon Jun 09, 7:00AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) today announced its' first-ever participation in the U.S. Army's Network Integration Evaluation (NIE) process. Iridium is presenting a Position Location Information (PLI)-based tracking device, Enhanced Mobile Satellite System (EMSS) Beacon manufactured by NAL Research and exercised in the NIE "demonstration" category. Designed to accelerate and improve the way communications technologies are delivered to soldiers, NIEs take place twice a year and are comprised of rigorous evaluations of new commercial technology. The EMSS Beacons will be outfitted on a maneuver platoon to demonstrate the operational value and utility of near real- time position and location tracking of our personnel and assets.
Milestones, Notes' Early Settlement, Advanced Technology Implementation, and Agreements - Analyst Notes on SS&C, Sanmina, Diebold, Iridium and 21Vianet
PR Newswire - Mon Jun 09, 4:10AM CDT
Today, Analysts Review released its analysts' notes regarding SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), Sanmina Corporation (NASDAQ: SANM), Diebold, Incorporated (NYSE: DBD), Iridium Communications Inc. (NASDAQ: IRDM) and 21Vianet Group, Inc. (NASDAQ: VNET). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3488-100free.
Greenberg: Can Iridium Avoid Another Cash Crunch?
at The Street - Wed Jun 04, 10:29AM CDT
I was on-air at CNBC Tuesday when one of the anchors asked Jeff Saut, the chief strategist of Raymond James, his favorite stocks. Jeff, an old friend, immediately said, Iridium. To which I said, 'I just red-flagged Iridium in a 3,000-word piece on...
Iridium to provide global connectivity for SkyBitz offering
M2 - Mon Jun 02, 10:13AM CDT
Iridium Communications Inc. (NASDAQ: IRDM) said it has extended its agreement to provide satellite connectivity to SkyBitz in support of their new SkyBitz as a Service offering.
Upgrade Alert for Iridiummmunications (IRDM)
Comtex SmarTrend(R) - Fri Aug 01, 7:07AM CDT
Iridiummmunications (NASDAQ:IRDM) was upgraded from Fair Value to Buy at CRT Capital today. The stock closed yesterday at $8.18 on volume of 1.7 million shares, above average daily volume of 1.1 million. In the past 52 weeks, shares of Iridiummmunications have traded between a low of $5.25 and a high of $9.73 and closed yesterday at $8.18, which is 56% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.4%.
Iridium Announces Second-Quarter 2014 Results; Company Affirms 2014 and Long-Range Outlook
GlobeNewswire - Thu Jul 31, 6:00AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"
today reported financial results for the second quarter of 2014 and affirmed its full-year 2014 and long-range outlook. Net income was $15.0 million, or $0.14 per diluted share, for the second quarter of 2014, as compared to $15.4 million, or $0.18 per diluted share, for the second quarter of 2013. Operational EBITDA ("OEBITDA" for the second quarter was $54.7 million, as compared to $51.1 million for the prior-year period, representing a year-over-year increase of 7 percent and an OEBITDA margin of 53 percent. OEBITDA grew largely due to higher service revenue. Iridium GO!(TM), World's First Truly Global Mobile Satellite Hotspot, Now Available
GlobeNewswire - Mon Jul 28, 6:12AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) today announced broad availability of the world's first truly global mobile satellite hotspot. The new Iridium GO! connects to smartphones and tablets by creating a satellite-based Wi-Fi zone, dramatically extending voice and data coverage of these devices when they are out of range of terrestrial networks. This first of its kind product is also the lowest cost device and service offering that Iridium has ever made, making global connectivity more affordable than ever.
Next Generation Iridium Broadband Products to be Available as Early as 2016
GlobeNewswire - Thu Jul 24, 7:00AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) today announced that it is on track to facilitate a new portfolio of broadband subscriber products for aviation, maritime and land mobile markets, expected to be available as early as 2016. On July 21, 2014, Iridium issued a request for proposals (RFP) to more than 30 companies for the design, development, production and distribution of new broadband subscriber products, leveraging the higher data speeds and enhanced capabilities enabled by Iridium NEXT. Iridium will select and contract with an exclusive group of suppliers that have demonstrated engineering expertise and extensive distribution capabilities, and work with them to develop Iridium NEXT-compatible products.
First Flight Main Mission Antennas Completed for Iridium NEXT Satellites
GlobeNewswire - Mon Jul 21, 6:09AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) today announced the completion of the first five flight main mission antennas (MMAs) for the Iridium NEXT constellation. A key component of each new satellite, the antennas are sophisticated pieces of equipment. The antennas manage the reception and transmission of data to and from various Iridium customer devices. Each MMA is built to exacting specifications, using the lowest possible amount of power with the highest possible throughput to transmit and receive data.
Iridium Announces Release Date for Second-Quarter 2014 Financial Results
GlobeNewswire - Thu Jul 10, 3:00PM CDT
Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"
will host a conference call on Thursday, July 31, 2014 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2014 financial results. In advance of the call on July 31, 2014, Iridium will issue its second-quarter 2014 earnings press release, which will be available at http://www.iridium.com. To participate in the teleconference, callers can dial the toll-free number 1-877-334-1964 (U.S. callers only) or 1-631-291-4574 (from outside the U.S.). To help ensure the conference call begins in a timely manner, please dial in five minutes prior to the scheduled start time. The conference call will also be simultaneously webcast at http://www.iridium.com. Iridium Completes Billing and Revenue Management System Consolidation to Support Iridium NEXT Services
GlobeNewswire - Thu Jul 10, 6:10AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) and Oracle (NYSE:ORCL), today announced Iridium has completed implementation of the Oracle Communications Billing and Revenue Management solution. The fully convergent charging and billing system replaces multiple legacy systems and will enable Iridium to streamline billing processes, easily manage the entire revenue lifecycle, and provide a single invoice and a unified interface to its customers.
Uptrend Call Working As Iridiummmunications Stock Rises 10.2% (IRDM)
Comtex SmarTrend(R) - Tue Jul 08, 5:24PM CDT
SmarTrend identified an Uptrend for Iridiummmunications (NASDAQ:IRDM) on May 20th, 2014 at $7.58. In approximately 2 months, Iridiummmunications has returned 10.23% as of today's recent price of $8.35.
First Successful Call Completed Over Iridium Next Hardware
GlobeNewswire - Tue Jul 08, 6:11AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) and its prime contractor, Thales Alenia Space, announced an important milestone in the development of the new Iridium NEXT constellation by completing the first successful end-to-end test call using Iridium NEXT hardware. The call provides initial validation of the L-band hardware and processing software that will be used in the Iridium NEXT constellation.
Iridium, SpaceX complete dispenser qualification tests
M2 - Mon Jul 07, 8:52AM CDT
Iridium Communications Inc. (NASDAQ: IRDM) and SpaceX said they have announced the successful completion of dispenser qualification testing for the Iridium NEXT constellation.
Iridium's Application to Provide Global Maritime Distress and Safety System Services Receives Support From International Maritime Organization Sub-Committee
GlobeNewswire - Mon Jul 07, 6:00AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) today announced that its application to the International Maritime Organization (IMO) for the provision of mobile satellite communications in the Global Maritime Distress and Safety System (GMDSS) was reviewed by the IMO Sub-Committee on Navigation, Communications and Search and Rescue (NCSR). The application will now proceed to the Maritime Safety Committee (MSC) at its next meeting in November, before advancing to a group of experts for comprehensive technical and operational evaluation.
PetSmart and NQ Mobile are big market movers
AP - Thu Jul 03, 12:33PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
Iridium and SpaceX Successfully Complete Dispenser Qualification Tests
GlobeNewswire - Thu Jul 03, 6:00AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) and SpaceX today announced the successful completion of dispenser qualification testing for the Iridium NEXT constellation. The dispenser is the mission-unique assembly that holds the satellites during launch and manages the perfectly timed separation of each satellite from the rocket, placing each of the satellites into its proper orbit. The testing program, a key milestone in the Iridium NEXT constellation build, included four types of testing on the satellite dispenser: fit check, separation and shock testing, a modal survey, and static loads testing. Overall the tests ensure launch shock environment, mechanical form, fit and function, separation dynamics, fundamental frequency and structural integrity.
Alternative Carriers Stocks Review -- Research on tw telecom, Level 3 Communications, Iridium Communications, and 8x8
PR Newswire - Fri Jun 20, 6:00AM CDT
The trading session on Thursday, June 19, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,921.46, up 0.09% and the NASDAQ Composite closed at 4,359.33, down 0.08%. The S&P 500 finished the day 0.13% higher at 1,959.48. During the trading session, six out of the ten sectors finished on a positive note. The S&P 500 Telecommunication Services Sector Index finished the day 0.31% higher at 159.33, and the index has gained 7.79% in the previous three months. Investor-Edge has initiated coverage on the following equities: tw telecom inc. (NASDAQ: TWTC), Level 3 Communications Inc. (NYSE: LVLT), Iridium Communications Inc. (NASDAQ: IRDM) and 8x8 Inc. (NASDAQ: EGHT). Free technical research on TWTC, LVLT, IRDM and EGHT can be downloaded upon signing up at:
Conference Call Schedules, Board Appointments, New Products, Grants, and Awards - Analyst Notes on Quality Systems, II-VI, Power Integrations, Iridium and Marketo
PR Newswire - Mon Jun 16, 4:50AM CDT
Today, Analysts Review released its analysts' notes regarding Quality Systems Inc. (NASDAQ: QSII), II-VI Inc. (NASDAQ: IIVI), Power Integrations Inc. (NASDAQ: POWI), Iridium Communications Inc. (NASDAQ: IRDM) and Marketo, Inc. (NASDAQ: MKTO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2898-100free.
Iridium active in US Army's network integration evaluation process
M2 - Tue Jun 10, 11:23AM CDT
Iridium Communications Inc. (NASDAQ: IRDM) said it is participating in the US Army's Network Integration Evaluation process by presenting a position location information-based tracking device, enhanced mobile satellite system beacon manufactured by NAL Research and exercised in the NIE "demonstration" category.
Iridium Participating in U.S. Army's Network Integration Evaluation Process
GlobeNewswire - Mon Jun 09, 7:00AM CDT
Iridium Communications Inc. (Nasdaq:IRDM) today announced its' first-ever participation in the U.S. Army's Network Integration Evaluation (NIE) process. Iridium is presenting a Position Location Information (PLI)-based tracking device, Enhanced Mobile Satellite System (EMSS) Beacon manufactured by NAL Research and exercised in the NIE "demonstration" category. Designed to accelerate and improve the way communications technologies are delivered to soldiers, NIEs take place twice a year and are comprised of rigorous evaluations of new commercial technology. The EMSS Beacons will be outfitted on a maneuver platoon to demonstrate the operational value and utility of near real- time position and location tracking of our personnel and assets.
Milestones, Notes' Early Settlement, Advanced Technology Implementation, and Agreements - Analyst Notes on SS&C, Sanmina, Diebold, Iridium and 21Vianet
PR Newswire - Mon Jun 09, 4:10AM CDT
Today, Analysts Review released its analysts' notes regarding SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), Sanmina Corporation (NASDAQ: SANM), Diebold, Incorporated (NYSE: DBD), Iridium Communications Inc. (NASDAQ: IRDM) and 21Vianet Group, Inc. (NASDAQ: VNET). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3488-100free.
Greenberg: Can Iridium Avoid Another Cash Crunch?
at The Street - Wed Jun 04, 10:29AM CDT
I was on-air at CNBC Tuesday when one of the anchors asked Jeff Saut, the chief strategist of Raymond James, his favorite stocks. Jeff, an old friend, immediately said, Iridium. To which I said, 'I just red-flagged Iridium in a 3,000-word piece on...
Iridium to provide global connectivity for SkyBitz offering
M2 - Mon Jun 02, 10:13AM CDT
Iridium Communications Inc. (NASDAQ: IRDM) said it has extended its agreement to provide satellite connectivity to SkyBitz in support of their new SkyBitz as a Service offering.
