Iridium: A Boring Business With An Exciting Stock - We're Still At Buy - Long-Term Hold [Seeking Alpha]
Iridium Communications Inc (IRDM)
Last iridium communications inc earnings: 4/28 07:01 am
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US:NASDAQ Investor Relations:
investor.iridium.com
Company Research
Source: Seeking Alpha
Summary Iridium operates a very boring business. It relays electromagnetic waves from one place to another, sends customers the bill, and collects cash. Every seven years or so it has to spend a room full of cash to replenish its capital asset base. Should you care to be a shareholder in between those capital asset refresh cycles, you could find the experience rewarding. This telecom stock - also a pureplay space stock - has outperformed the S&P500 and most every other US telco in the last 12 months. We're still at Buy - Long Term Hold, based on our long-term fundamental price target which we discuss below. DISCLAIMER: This article is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this article is not an offer to sell or buy any securities. Nothing in it is intended to be investment advice and it should not be relied upon to make investment decisions. Cestrian Capital Research Inc or its employees or the author of this article or r
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IRDM
News
- MICRO-ANT PASSES KEY TEST MILESTONE FOR IRIDIUM CERTUS AIRBORNE ANTENNA [Yahoo! Finance]Yahoo! Finance
- Iridium Communications Inc. (NASDAQ: IRDM) had its "neutral" rating re-affirmed by analysts at BWS Financial. They now have a $30.00 price target on the stock.MarketBeat
- Iridium Communications Inc. (NASDAQ:IRDM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Iridium (IRDM) Q1 Earnings Match Estimates, Revenues Down Y/Y [Yahoo! Finance]Yahoo! Finance
- Iridium Communications First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
IRDM
Earnings
- 4/18/24 - In-Line
IRDM
Sec Filings
- 4/18/24 - Form 10-Q
- 4/18/24 - Form 8-K
- 4/3/24 - Form 4
- IRDM's page on the SEC website