Iridium Q4 Revenue Seen at $219.9M, EPS to Hit $0.25 per Share
Iridium’s analysts forecast Q4 revenue of $219.9 million, up 3.3% year-on-year, slowing from 6.7% growth last quarter when the company generated $226.9 million and beat revenue estimates by 1.7%. Adjusted EPS is expected at $0.25, following a two-year streak of surpassing consensus by an average 2.1%.
1. Q4 Revenue and EPS Estimates
Analysts project Q4 revenue of $219.9 million, a 3.3% year-on-year increase, and adjusted EPS of $0.25. Last quarter revenue reached $226.9 million with a 6.7% year-on-year gain and a 1.7% beat of revenue estimates.
2. Consistent Estimate Beats
Iridium has outperformed consensus revenue projections every quarter for two years, surpassing estimates by an average 2.1%. This track record suggests analysts expect continued operational stability heading into the new quarter.
3. Subscriber Growth Trends
The subscriber base grew to 1.99 million last quarter, up 4.7% year-on-year, bolstering recurring service revenue. Steady subscriber additions remain a key driver for top-line resilience.
4. Peer Comparisons and Market Context
Comparative performance of satellite peers shows Viasat recorded 3% revenue growth and Lumen saw an 8.7% decline in Q4. The telecommunications services group is down 2.6% over the past month, while Iridium has gained 3.8%.