{"filings":[{"id":1501116,"accession_number":"0001104659-26-081335","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2026-07-07T21:11:18+00:00","items":["1.01","2.03","5.02","7.01","9.01"],"status":"ready","headline":"Iridium closes Aireon acquisition for $366.7M; assumes $154.7M debt","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Completed acquisition of remaining 61% of Aireon for ~$366.7M; 50% cash, 50% deferred via no-interest loan due in one year.","Assumed Aireon's existing $154.7M term loan (original $175M) with SOFR+6.25% interest, maturing Oct 2028; Iridium provided parent guaranty.","Retention awards for CFO ($410k) and Chief Legal Officer ($873k) tied to closing of pending Rocket Lab merger; 60% vests at close, 40% at six months.","Aireon will operate as wholly owned subsidiary; CEO Don Thoma continues, reports to Iridium CEO Matt Desch."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1315156,"accession_number":"0001104659-26-078482","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2026-06-29T11:09:00+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Iridium to be acquired by Rocket Lab for $27 cash per share plus variable stock consideration","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Iridium shareholders receive $27.00 in cash plus a number of Rocket Lab shares per IRDM share, based on Exchange Ratio tied to RKLB VWAP.","Exchange ratio: 0.4000 if RKLB VWAP ≤$67.50; $27/$RKLB VWAP if $67.50-$112.50; 0.2400 if ≥$112.50.","Termination fee of $223.62 million payable by Iridium under certain conditions; deal must close by June 28, 2027 (extendable to Dec 28, 2027).","Iridium board unanimously approved and recommends; directors holding ~1.6% of shares entered support agreements to vote in favor.","Outstanding Iridium RSUs/PSUs assumed by Rocket Lab; Iridium options/CSARs canceled for cash consideration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":556357,"accession_number":"0001418819-26-000036","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2026-05-20T20:56:46+00:00","items":["5.02","5.07","7.01","9.01"],"status":"ready","headline":"Iridium declares $0.15 dividend, shareholders approve equity plan amendment","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Cash dividend of $0.15 per share, payable June 30, 2026 to holders of record June 15, 2026.","Stockholders approved Amended & Restated 2015 Equity Incentive Plan; total reserved shares 42,947,991.","All 11 director nominees elected; KPMG ratified as auditor; say-on-pay approved.","Shareholder turnout 81.2% with 85,797,450 shares voted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":77447,"accession_number":"0001418819-26-000032","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2026-05-14T11:00:42+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Iridium to acquire remaining 61% of Aireon for $366.7M; assumes $155M debt","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price $366.7M for 61% of Aireon; paid 50% at closing, 50% deferred for one year.","Iridium assumes Aireon's $155M debt; acquisition expected to add $100M annual service revenue and $30M OEBITDA.","Aireon's total revenue grew at 10% CAGR over past three years; acquisition accretive to growth.","NAV CANADA and NATS sign extended data services agreements through 2035.","Transaction targeted to close early July 2026; net leverage expected ~4.0x OEBITDA in Q3 2026, returning to normal within 12 months."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92740,"accession_number":"0001418819-26-000027","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2026-04-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Iridium Q1 revenue up 2% to $219.1M, net income drops to $21.6M; reiterates FY outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $219.1M (+2% YoY); service revenue $158.0M (+2%).","Net income $21.6M ($0.20 EPS) vs $30.4M ($0.27) a year ago; OEBITDA $116.3M vs $122.1M.","Ended Q1 with 2,555,000 billable subscribers (+5% YoY); commercial IoT subs grew 7% to 2,019,000.","Reiterated FY2026 OEBITDA guidance $480-490M, reflecting $17M cash compensation shift.","Paid $0.15/share dividend on Mar 31, 2026; net leverage 3.4x OEBITDA."],"consensus_eps_estimate":0.3419,"consensus_eps_actual":0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":219057000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103832,"accession_number":"0001418819-26-000016","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2026-03-05T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Iridium declares $0.15 quarterly dividend payable March 31","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.15 per share declared by Board on March 5, 2026.","Payable on March 31, 2026 to stockholders of record as of March 16, 2026.","Ticker: IRDM."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103831,"accession_number":"0001418819-26-000014","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2026-02-27T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Iridium adopts new annual bonus plan and executive severance plan for 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["2026 bonus plan: target award = salary × committee-approved %; actual capped at 200% of target.","Bonus can be paid in cash, RSUs, or both; recoupable under clawback policy.","Severance plan: CEO gets 18 months' salary non-CIC, 2X (salary + target bonus) in CIC; other NEOs get 12 months or 1.5X.","CIC severance includes 100% equity acceleration; benefits require waiver, non-compete, non-solicit compliance.","Plan supersedes prior severance terms in employment agreements for participating executives."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103830,"accession_number":"0001418819-26-000008","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2026-02-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Iridium 2025 revenue up 5% to $871.7M; Q4 EPS $0.24 vs $0.32; 2026 OEBITDA guided $480-490M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2025 net income $114.4M ($1.06 diluted EPS), up from $112.8M ($0.94) in 2024; OEBITDA $495.3M (+5%).","Q4 net income $24.9M ($0.24) vs $36.3M ($0.32) YoY; OEBITDA $115.3M (-2%).","Commercial IoT subscribers up 6% YoY to 1,998,000; total billable subscribers 2,537,000 (+3%).","2026 outlook: service revenue growth flat to 2%; OEBITDA $480-490M ($17M cash comp impact); net leverage target ≤3.0x.","Repurchased ~6.8M shares for $185M in 2025; $245.3M remains under buyback program through 2027."],"consensus_eps_estimate":0.2416,"consensus_eps_actual":1.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":871659000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120096,"accession_number":"0001418819-25-000012","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2025-12-04T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Iridium appoints Louis Alterman to Board; declares $0.15/share dividend","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board expanded to 12 members; Louis Alterman appointed as independent director, effective Dec 4, 2025.","Alterman is CEO of Stratix Corp and former CFO of Rackspace and EarthLink.","Board declared a $0.15 per share cash dividend, payable Dec 31, 2025 to holders of record Dec 15, 2025.","Alterman's term expires at 2026 annual meeting; receives standard non-employee director compensation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120095,"accession_number":"0001418819-25-000008","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2025-10-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Iridium Q3 revenue $226.9M, net income $37.1M; updates FY2025 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $226.9M (+7% YoY); service revenue $165.2M (+3%); equipment $21.5M, engineering $40.2M.","Net income $37.1M ($0.35 diluted EPS) vs $24.4M ($0.21) in Q3 2024; OEBITDA $136.6M (+10% YoY).","Total billable subscribers 2,542,000 (+2% YoY); commercial IoT subscribers up 5% to 1,991,000.","FY2025 guidance: service revenue growth ~3% (prev 3-5%); OEBITDA $495-500M (prev $490-500M).","Cash taxes <$10M/yr through 2027 (prev through 2026); net leverage target <3.5x in 2025, <2.0x by decade end."],"consensus_eps_estimate":0.2641,"consensus_eps_actual":0.82,"consensus_revenue_estimate":null,"consensus_revenue_actual":658719000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.72,"calibrated_materiality_score":0.72,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136674,"accession_number":"0001628280-25-035834","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Iridium Q2 net income $22M, OEBITDA up 6%; lowers service revenue guidance; dividend raised to $0.15","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $22.0M ($0.20 diluted EPS) vs $32.3M ($0.27) in Q2 2024; OEBITDA $121.3M, up 6% YoY.","Total revenue $216.9M, up 8% YoY; service revenue $155.6M (+2%); equipment $19.5M (-15%); engineering & support $41.9M (+62%).","Board declared Q3 dividend $0.15/share, up from $0.14 (5.5% annual increase), payable Sep 30, record Sep 15.","Company repurchased 2.6M shares for $65M in Q2; $295.3M remaining under buyback authorization.","Updated FY2025 outlook: service revenue growth 3-5% (prev 5-7%); OEBITDA reaffirmed $490-500M; net leverage 3.6x."],"consensus_eps_estimate":0.246,"consensus_eps_actual":0.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":431784000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153881,"accession_number":"0001628280-25-031719","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2025-06-17T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Iridium appoints HSBC executive Monique Shivanandan to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Monique Shivanandan appointed to Iridium Board effective June 17, 2025; Board size increased to 11.","Shivanandan serves as Group Chief Data & Analytics Officer at HSBC, previously Chief Information Security Officer.","She will serve on the Compensation Committee and is considered independent under Nasdaq rules.","Background includes CIO roles at Chubb and Aviva, CTO at Capital One, and telecom roles at BellSouth and BT Group."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153880,"accession_number":"0001628280-25-025557","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2025-05-14T23:59:59+00:00","items":["5.02","5.07","5.03","7.01","9.01"],"status":"ready","headline":"Iridium declares $0.14/share dividend, approves equity plan increase to 38.1M shares","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.14 per share payable June 30, 2025 to holders of record June 13, 2025.","Stockholders approved Amended 2015 Equity Plan, reserving 38,097,991 shares for issuance (includes 4.5M new shares).","Certificate of Incorporation amended to limit officer monetary liability under Delaware law.","All ten director nominees elected; advisory say-on-pay and KPMG ratification passed with >77% support.","Over 83% of outstanding shares voted at the May 14, 2025 annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153879,"accession_number":"0001628280-25-018711","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2025-04-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Iridium Q1 net income $30.4M ($0.27 EPS), revenue up 5% YoY, reaffirms 2025 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $214.9M (+5% YoY); service revenue $154.3M (+4%); OEBITDA $122.1M (+6%).","Total billable subscribers 2,443,000 (+5% YoY); commercial IoT subscribers up 7% to 1,885,000.","Board plans to raise quarterly dividend to $0.15/shr starting Q3 2025 (from $0.14).","Repurchased 2.4M shares for $70M in Q1; $360.3M remaining under buyback through 2027.","CEO warns incremental equipment costs from tariffs but reiterates full-year OEBITDA guidance of $490-500M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":214878000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172549,"accession_number":"0001628280-25-010925","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2025-03-06T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Iridium declares $0.14 per share cash dividend, payable March 31, 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Iridium's Board declared a cash dividend on its common stock.","The dividend amount is $0.14 per share.","The dividend is payable on March 31, 2025.","Stockholders of record as of March 17, 2025 are eligible."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172548,"accession_number":"0001628280-25-005300","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Iridium Q4 2024: revenue $213M (+9% YoY), OEBITDA $117.1M; 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largest authorization ever.","Cumulative share repurchase authorizations since inception in 2021 total $1.5B.","Previous authorizations: $300M (Feb 2021), $300M (Mar 2022), $400M (Jul 2023).","Company targets net leverage below 4.0x through 2026 and below 2.0x EBITDA by decade-end.","CEO cites strong free cash flow and commitment to shareholder-friendly capital returns."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206036,"accession_number":"0001628280-24-037966","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2024-08-21T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Iridium CFO and EVP Sales & Marketing to retire; 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borrowings issued at par.","Prepayment premium refreshed to apply until 6 months after June 4, 2024.","All other material terms of the existing credit agreement remain unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":223061,"accession_number":"0001418819-24-000027","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2024-05-23T23:59:59+00:00","items":["5.07","7.01","9.01"],"status":"ready","headline":"Iridium declares $0.14/share cash dividend; annual meeting elects directors","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.14 per share declared, payable June 28, 2024, to holders of record June 14, 2024.","Annual meeting results: all 10 director nominees elected; 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OEBITDA $115M up 3%.","Total revenue $203.9M, down 1% YoY; service revenue $148.6M up 7%.","Commercial IoT revenue $39.4M (+23% YoY); subscribers up 18% to 1.77M.","Completed acquisition of Satelles on April 1; funded with $125M from term loan increase.","Board raises quarterly dividend to $0.14 (5.8% increase) from $0.13; $56.6M spent on 1.9M share repurchases in Q1."],"consensus_eps_estimate":null,"consensus_eps_actual":0.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":203853000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242552,"accession_number":"0001418819-24-000013","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2024-03-27T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Iridium borrows additional $125M term loan to fund Satelles acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Added $125M term loan to existing $1.5B facility; 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record OEBITDA $121.3M, +12% YoY; rev $197.6M +7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $1.6M ($0.01/diluted) vs net income $2.1M ($0.02) in Q3 2022; loss due to credit facility refinancing costs.","Total revenue $197.6M (+7% YoY); service revenue $152M (+9%) was 77% of total; commercial service rev $125.5M (+12%).","Operational EBITDA record $121.3M (+12% YoY); FY2023 OEBITDA guidance raised to $460-465M.","Total billable subscribers 2.236M (+13% YoY); commercial IoT subscribers up 18% to 1.667M.","Equipment revenue $20.4M (-27% YoY); engineering & support rev $25.2M (+47% YoY) due to govt activity."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":595983000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":277219,"accession_number":"0001193125-23-238552","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2023-09-20T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Iridium enters $1.5B amended credit facility; $100M revolver added","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowed $1.5 billion term loan (7-yr) to refinance $1.496B of existing debt and pay costs.","New $100 million 5-year revolving loan facility; interest at Term SOFR + 2.50% (0.75% floor for term loans).","No financial maintenance covenants on term loan; revolver requires leverage ratio ≤6.25x if drawn >35%.","Commitment fee of 0.50% on undrawn revolver; drops to 0.375% if net leverage below 3.5x.","Guarantors include Holdings, Carrier Holdings, Carrier Services, Constellation, Government Services; secured by substantially all assets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":277218,"accession_number":"0001418819-23-000028","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2023-09-15T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Parker W. 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Rush informed Iridium of his retirement as Board member, effective December 31, 2023.","No replacement announced; board size and composition change as of year-end.","Rush's role or committee assignments not specified in filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":277217,"accession_number":"0001418819-23-000024","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2023-09-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Iridium declares $0.13 per share cash dividend","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.13 per share declared by Board on September 5, 2023.","Payable on September 29, 2023, to holders of record as of September 15, 2023.","Represents regular quarterly dividend; 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say-on-pay passed with ~96% votes for; KPMG ratified as independent auditor for FY2023.","Approximately 94% of outstanding shares (119M) were present or represented at the annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":295115,"accession_number":"0001628280-23-012129","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2023-04-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Iridium Q1: Net income $9.8M (EPS $0.08), OEBITDA $111.9M (+8% YoY), revenue +22%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $9.8M ($0.08 diluted) vs $2.8M ($0.02) in Q1 2022; OEBITDA $111.9M (+8% YoY).","Total revenue $205.3M (+22% YoY); service revenue $139.3M (+10%); equipment $41.7M (+24%).","Paid inaugural dividend $0.13/share on March 30, 2023; repurchased $53.1M of stock in Q1.","Reiterated FY2023 outlook: service revenue growth 9-11%, OEBITDA $455-465M.","Commercial IoT subscribers +21% YoY to 1,501,000; total billable subscribers 2,051,000 (+15% YoY)."],"consensus_eps_estimate":null,"consensus_eps_actual":0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":205273000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":315690,"accession_number":"0001193125-23-048746","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2023-02-24T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Henrik O. 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Schliemann informed Iridium he will retire as board member effective at the next Annual Meeting of Stockholders.","Schliemann will not stand for re-election at that meeting.","No replacement director has been announced by the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":315689,"accession_number":"0001418819-23-000008","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2023-02-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Iridium Q4 net loss narrows to $0.8M; 2023 OEBITDA guidance $455-465M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net loss $0.8M ($0.01/sh) vs $5.9M loss a year ago; full-year net income $8.7M ($0.07/sh).","Q4 total revenue $193.8M (+24% YoY); service revenue $136.8M (+8%); equipment record $39.3M.","Total billable subscribers 1,999,000 (+16% YoY); commercial IoT subs up 21% to 1,448,000.","2023 guidance: OEBITDA $455-465M (2022: $424M); service revenue growth 9-11%; cash taxes negligible.","Qualcomm partnership for Snapdragon Satellite direct-to-device service starting later 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":721034000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":315688,"accession_number":"0001193125-23-040185","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2023-02-15T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Iridium approves 2023 performance share awards and bonus plan for executives","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Matthew Desch gets $3.5M target award ($5.25M max) under performance share program.","Performance goal is growth of average service revenue for 2023-2024 excluding Russian ops.","CEO target bonus percentage 100% of base salary; 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debut in premium Android smartphones H2 2023.","Agreement aims to support satellite services across multiple smartphone brands, not just one manufacturer.","Potential expansion to other consumer devices and vehicles.","CEO Desch: 'serving the smartphone industry horizontally' and enabling future applications."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":334027,"accession_number":"0001193125-22-315413","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2022-12-30T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Iridium signs service provider agreement to enable satellite technology in smartphones","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Iridium entered a service provider agreement for its smartphone technology; builds on prior development deal.","Agreements provide for development fees, royalties, and network usage fees to Iridium.","Arrangements include substantial recoupment payments if either party commercializes similar capability elsewhere.","Agreement includes termination provisions and change-of-control protections for Iridium.","Technology development and partnership are contingent on successful development of the technology."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5419604147.305701,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":334026,"accession_number":"0001193125-22-300483","cik":1418819,"company_name":"Iridium Communications Inc.","ticker":"IRDM","form_type":"8-K","filed_at":"2022-12-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Iridium initiates quarterly dividend of $0.13 per share, first cash dividend","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["First-ever cash dividend declared at $0.13 per share; 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