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He noted the impact of recently announced U.S. tariffs, estimating a $3M increase in costs for 2025 under the current 10% tariff scenario, which Iridium can absorb within its operational EBITDA range.
Iridium Communications IRDM reported earnings per share (EPS) of 27 cents for the first quarter of 2025, beating the Zacks Consensus Estimate by 22.7%. The bottom line compared favorably with the ...
TAMPA, Fla. — Iridium is ramping up tariff countermeasures to shield the U.S.-based satellite operator from import tax hikes as global trade tensions escalate. The operator has historically ...
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