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Stock Market & Financial Investment News

News Breaks
March 28, 2014
16:18 EDTIRDMIridium files $225M mixed securities shelf
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July 31, 2014
07:41 EDTIRDMIridium affirms long-range outlook
Iridium affirmed its long-range outlook for compound annual service revenue growth, OEBITDA margin, cash taxes, peak net leverage and 2018 net leverage. The company continues to expect: Compound annual service revenue growth between 8 %-12% between 2014 and 2018; OEBITDA margin of approximately 60% in 2018; Negligible cash taxes from 2014 to approximately 2020 Peak net leverage of approximately 6.5x OEBITDA in 2015; Net leverage of approximately 4x OEBITDA in 2018.
07:39 EDTIRDMIridium affirms FY14 revenue guidance of up 2%-4%
Affirms FY14 OEBITDA view of $205M-$215M.
07:38 EDTIRDMIridium reports Q2 EPS 14c, consensus 18c
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