Benzinga | Jul 20, 2021 07:08AM EDT

Iridium Communications Q2 EPS $0.03 Beats $(0.06) Estimate, Sales $149.92M Beat $148.53M Estimate

Iridium Communications (NASDAQ:IRDM) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $(0.06) by 150 percent. This is a 133.33 percent increase over losses of $(0.09) per share from the same period last year. The company reported quarterly sales of $149.92 million which beat the analyst consensus estimate of $148.53 million by 0.94 percent. This is a 6.95 percent increase over sales of $140.17 million the same period last year.