Company Overview
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia.
Company Information
- CEO
- Matthew J. Desch
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Employees
- 873
Contact Information
- Website
- https://www.iridium.com
- Address
- 1750 Tysons Boulevard
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Communication Services leader with 2.66B market capitalization
- Trading Volume: 883.10K shares traded today
- Price Range: 52-week range of $19.91 - $35.85
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for Iridium Communications Inc.
Iridium Communications Inc. (IRDM) operates in the Telecommunications Services industry within the Communication Services sector. With a current market capitalization of 2.66B, the company represents a significant player in its market. The stock is currently trading at $25.08 with a positivedaily change of 3.89%.
The company's 873 employee base and presence on the NASDAQ Global Selectexchange position it as a Communication Services sector leader. Investors should consider the stock's P/E ratio of 25.08, beta of 0.76, and 52-week price range from $19.91 to $35.85when evaluating investment opportunities.
Why Invest in Iridium Communications Inc.?
Strengths
- • Established market presence in Communication Services
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Matthew J. Desch
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Communication Services Sector
The Communication Services sector includes companies that provide telecommunications, media, and entertainment services to consumers and businesses.