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Compared to Estimates, Iridium (IRDM) Q1 Earnings: A Look at Key Metrics
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Iridium Communications (IRDM - Free Report) reported $214.88 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 5.4%. EPS of $0.27 for the same period compares to $0.16 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $212.87 million, representing a surprise of +0.94%. The company delivered an EPS surprise of +22.73%, with the consensus EPS estimate being $0.22.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Iridium performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
ARPU - Commercial - Voice and data: $45 versus the three-analyst average estimate of $45.67.
ARPU - Commercial - IoT data: $7.75 compared to the $7.75 average estimate based on three analysts.
ARPU - Commercial - Broadband: $261 versus the three-analyst average estimate of $273.17.
Total Net billable Subscriber Additions: -16 thousand compared to the 14.93 thousand average estimate based on three analysts.
Revenue- Subscriber equipment: $23.12 million versus the five-analyst average estimate of $23.30 million. The reported number represents a year-over-year change of -7%.
Revenue- Service: $154.29 million versus the five-analyst average estimate of $157.90 million. The reported number represents a year-over-year change of +3.9%.
Revenue- Engineering and support service: $37.47 million versus the five-analyst average estimate of $31.79 million. The reported number represents a year-over-year change of +23.2%.
Revenue- Service- Commercial service revenue: $127.54 million compared to the $131.13 million average estimate based on four analysts. The reported number represents a change of +4.5% year over year.
Revenue- Service- Government service revenue: $26.75 million versus $27.01 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +0.9% change.
Revenue- Service- Commercial service revenue- Hosted payload and other data service: $14.87 million compared to the $16.12 million average estimate based on three analysts. The reported number represents a change of +6.6% year over year.
Revenue- Engineering and support service- Government: $35.83 million versus $29.65 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +22.5% change.
Revenue- Engineering and support service- Commercial: $1.64 million versus the two-analyst average estimate of $2.33 million. The reported number represents a year-over-year change of +42.1%.
Shares of Iridium have returned -17.7% over the past month versus the Zacks S&P 500 composite's -8.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Compared to Estimates, Iridium (IRDM) Q1 Earnings: A Look at Key Metrics
Iridium Communications (IRDM - Free Report) reported $214.88 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 5.4%. EPS of $0.27 for the same period compares to $0.16 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $212.87 million, representing a surprise of +0.94%. The company delivered an EPS surprise of +22.73%, with the consensus EPS estimate being $0.22.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Iridium performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- ARPU - Commercial - Voice and data: $45 versus the three-analyst average estimate of $45.67.
- ARPU - Commercial - IoT data: $7.75 compared to the $7.75 average estimate based on three analysts.
- ARPU - Commercial - Broadband: $261 versus the three-analyst average estimate of $273.17.
- Total Net billable Subscriber Additions: -16 thousand compared to the 14.93 thousand average estimate based on three analysts.
- Revenue- Subscriber equipment: $23.12 million versus the five-analyst average estimate of $23.30 million. The reported number represents a year-over-year change of -7%.
- Revenue- Service: $154.29 million versus the five-analyst average estimate of $157.90 million. The reported number represents a year-over-year change of +3.9%.
- Revenue- Engineering and support service: $37.47 million versus the five-analyst average estimate of $31.79 million. The reported number represents a year-over-year change of +23.2%.
- Revenue- Service- Commercial service revenue: $127.54 million compared to the $131.13 million average estimate based on four analysts. The reported number represents a change of +4.5% year over year.
- Revenue- Service- Government service revenue: $26.75 million versus $27.01 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +0.9% change.
- Revenue- Service- Commercial service revenue- Hosted payload and other data service: $14.87 million compared to the $16.12 million average estimate based on three analysts. The reported number represents a change of +6.6% year over year.
- Revenue- Engineering and support service- Government: $35.83 million versus $29.65 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +22.5% change.
- Revenue- Engineering and support service- Commercial: $1.64 million versus the two-analyst average estimate of $2.33 million. The reported number represents a year-over-year change of +42.1%.
View all Key Company Metrics for Iridium here>>>Shares of Iridium have returned -17.7% over the past month versus the Zacks S&P 500 composite's -8.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.