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Revenue beats expectations as acquisition costs weigh on profitIridium Communications Inc. (NASDAQ:IRDM) reported second-quarter 2026 results on Wednesday that topped revenue expectations but fell short on earnings, as costs related to its pending acquisition by Rocket Lab weighed on profitability.
Iridium Communications reported Q1 earnings that missed consensus estimates while revenue edged by views. Iridium stock fell on the news.
Iridium Communications Inc. (NASDAQ:IRDM) reported first-quarter results on Thursday that fell short of profit expectations, even as revenue edged past analyst forecasts, sending shares lower in premarket trading.
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