Showing 1-10 of about 158 articles.
Iridium Communications Inc.
Iridium Announces First-Quarter 2013 Results; Company Affirms 2013 Outlook
MCLEAN, Va., May 2, 2013 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the first quarter of 2013 and affirmed its outlook for the full-year 2013. Net income was $14.9 million, or $0.17 per diluted share, for the first quarter of 2013, as compared to $12.4 million, or $0.16 per diluted share, for the first quarter of 2012. Operational EBITDA ("OEBITDA")
Iridium Communications Inc.
Iridium Announces Fourth-Quarter and Full-Year 2012 Results; Company Issues 2013 Outlook and Updates Long-Range Guidance
MCLEAN, Va., Feb. 28, 2013 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter of 2012 and issued its outlook for the full-year 2013. Net income was $16.7 million, or $0.19 per diluted share, for the fourth quarter of 2012, as compared to $8.4 million, or $0.11 per diluted share, for the fourth quarter of 2011. Net income increased 99 percent year-over-year, benefiting from a $5.8 million reduction in depreciation expense due to an extension of the estimated useful life of the Company's current satellite constellation. Operational EBITDA ("OEBITDA")
Iridium Communications Inc.
Iridium to Present at Two Upcoming Investor Conferences
MCLEAN, Va., Feb. 27, 2013 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced that Chief Executive Officer Matthew J. Desch is scheduled to speak at the 2013 Raymond James Institutional Investors Conference in Orlando, Fla., on Wednesday, March 6, 2013 at 8:40 a.m. ET. The presentation will be simultaneously audio webcast at
Iridium Communications Inc.
Exercise Period for Iridium's $7 Warrants to End on February 14, 2013
MCLEAN, Va., Feb. 12, 2013 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced that, as provided in the Amended and Restated Warrant Agreement governing its outstanding $7.00 warrants, which trade on the NASDAQ Global Select Market under the symbol IRDMW (the "Warrants"), the exercise period for the remaining Warrants will end on February 14, 2013. The expiration of the Warrants will have no effect on Iridium's common stock, but will result in the conversion of Iridium Units (the "Units"), which consist of one share of Iridium common stock and one Warrant, into shares of common stock. The Units trade on the NASDAQ Global Select Market under the symbol IRDMU.
Iridium Communications Inc.
Aireon to Form International Advisory Committee
MCLEAN, Va., Feb. 11, 2013 (GLOBE NEWSWIRE) -- Aireon LLC, the developer of the world's first satellite-based global air traffic surveillance system, plans to form an International Advisory Committee (IAC) that will provide guidance and critical insights to Aireon, ensuring that stakeholders perspectives are incorporated throughout the deployment and long-term operations of the Aireon
Showing 1-10 of about 158 articles.