MARKET COMPOSITE
IRDM - Iridium Communications Inc8:00:00 PM 4/23/2024
Price
$28.74
+ 0.63 (2.24%)
Iridium Communications Inc. is a publicly traded American company headquartered in McLean, Virginia. Iridium operates the Iridium satellite constellation, a system of 66 active satellites used for worldwide voice and data communication from hand-held satellite phones and other transceiver units. The Iridium communications service was launched on November 1, 1998 by what was then Iridium SSC. The first Iridium call was made by Vice President of the United States Al Gore to Gilbert Grosvenor, the great-grandson of Alexander Graham Bell and chairman of the National Geographic Society. Motorola provided the technology and major financial backing. The logo of the company represents the Big Dipper. The company derives its name from the chemical element iridium which has an atomic number of 77, equalling the initial number of satellites which were planned to be deployed.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue203.9MM+5%
Operating Income49.8MM+8%
Operating Expenses154.1MM-
Net Income19.7MM-48%
R&D7.2MM+26%
G&A36.8MM+7%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news