Benzinga | Apr 20, 2021 07:06AM EDT

Iridium Communications Q1 EPS $(0.04) Beats $(0.05) Estimate, Sales $146.53M Beat $146.48M Estimate

Iridium Communications (NASDAQ:IRDM) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.05) by 20 percent. This is a 300 percent decrease over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $146.53 million which beat the analyst consensus estimate of $146.48 million by 0.04 percent. This is a 0.86 percent increase over sales of $145.29 million the same period last year.