NasdaqGS:IRDMTelecom
Iridium Communications (IRDM) Margin Improvement Challenges Bullish Narratives as Growth Slows
Iridium Communications (IRDM) reported net profit margins of 14.4%, a slight uptick from the prior period’s 14.1%, with EPS up 10% in the past year. However, earnings growth has cooled dramatically from a five-year average of 79.4% per year, highlighting a step down from the company’s previous pace. Investors are left weighing improved margins and a discounted share price against much slower growth forecasts in the years ahead.
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