---
schema_version: "secwatch.filing_event.v1"
accession: "0001418819-23-000008"
form_type: "8-K"
ticker: "IRDM"
cik: "0001418819"
company_name: "Iridium Communications Inc."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:06:22.660344+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Iridium Q4 net loss narrows to $0.8M; 2023 OEBITDA guidance $455-465M

## Summary
- 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.

## SEC filing metadata
- accession: 0001418819-23-000008
- form_type: 8-K
- ticker: IRDM
- cik: 0001418819
- company_name: Iridium Communications Inc.
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1418819/000141881923000008/0001418819-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1418819/000141881923000008/irdm-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001418819-23-000008
- JSON: https://secwatch.observer/filing/0001418819-23-000008.json
- Plain text: https://secwatch.observer/filing/0001418819-23-000008.txt

## Key facts
- Earnings Releases
  Iridium Communications Inc. reported financial results for fourth quarter and fiscal year ended December 31, 2022.
  - Period: fourth quarter and fiscal year ended December 31, 2022
  - Result: reported results
  source text: On February 16, 2023, Iridium Communications Inc. issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1418819/000141881923000008/0001418819-23-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.