Iridium Comms Q3 Sales $212.771M Beat $206.183M Estimate
Portfolio Pulse from Benzinga Newsdesk
Iridium Communications reported Q3 sales of $212.771 million, surpassing the estimated $206.183 million.
October 17, 2024 | 11:02 am
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Iridium Communications reported Q3 sales of $212.771 million, exceeding the estimated $206.183 million, indicating strong performance.
The company's sales performance exceeded expectations, which is typically viewed positively by investors and can lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100