Benzinga | Oct 19, 2021 07:16AM EDT

Iridium Communications Q3 EPS $(0.02), Inline, Sales $162.16M Beat $153.71M Estimate

Iridium Communications (NASDAQ:IRDM) reported quarterly losses of $(0.02) per share which met the analyst consensus estimate. This is a 33.33 percent increase over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $162.16 million which beat the analyst consensus estimate of $153.71 million by 5.50 percent. This is a 7.06 percent increase over sales of $151.47 million the same period last year.