Iridium Comms Q3 EPS $0.98 Beats $0.35 Estimate, Sales $245.733M Beat $236.303M Estimate

Iridium Comms (NASDAQ: IRDM) reported Q3 earnings of $0.98 per share, significantly surpassing the analyst estimate of $0.35 by 180%. This marks a 180% increase from $0.35 per share in the same quarter last year. The company also reported sales of $245.733 million, exceeding expectations of $236.303 million by 3.99%, and representing an 8.28% increase from $226.935 million in the prior year.