{"schema_version":"secwatch.filing_event.v1","accession":"0001418819-24-000006","form_type":"8-K","ticker":"IRDM","cik":"0001418819","company_name":"Iridium Communications Inc.","filed_at":"2024-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.129111+00:00","generated_at":"2026-06-06T01:00:07.100185+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Iridium Q4 net income $38M; extends satellite life; raises dividend, guides 2024 OEBITDA $460-470M","bullets":["Q4 net income $38.0M ($0.30 diluted EPS) vs net loss $0.8M prior year; OEBITDA $114.1M up 7% YoY.","Full-year 2023 revenue record $790.7M up 10%; OEBITDA $463.1M up 9%; net income $15.4M vs $8.7M.","Satellites' useful life extended by 5 years to 17.5 years, reducing depreciation and supporting capex holiday.","Board declared Q1 dividend $0.13/share; plans to raise to $0.14/share in Q2 2024, a 5.8% increase.","2024 guidance: service revenue growth 4-6%, OEBITDA $460-470M; cash taxes <$10M through 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001418819-24-000006","json":"https://secwatch.observer/filing/0001418819-24-000006.json","markdown":"https://secwatch.observer/filing/0001418819-24-000006.md","text":"https://secwatch.observer/filing/0001418819-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418819/000141881924000006/0001418819-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418819/000141881924000006/irdm-20240215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T01:00:07.100185+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"124ff0a3cfb72d5d6913f2b23bbcf6762099f4e5","claim":"Iridium Communications Inc. reported fourth quarter and fiscal year ended December 31, 2023 results: revenue total revenue of $194.7 million (Q4), record total revenue in 2023 of $790.7 million, net income $38.0 million (Q4), $15.4 million (full year 2023), EPS $0.30 per diluted share (Q4), $0.12 per diluted share (full year 2023). Guidance initiated.","evidence_excerpt":"Net income was $38.0 million, or $0.30 per diluted share, for the fourth quarter of 2023, as compared to net loss of $0.8 million, or $0.01 per diluted share, for the fourth quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1418819/000141881924000006/0001418819-24-000006-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and fiscal year ended December 31, 2023"},{"label":"Revenue","value":"total revenue of $194.7 million (Q4), record total revenue in 2023 of $790.7 million"},{"label":"Net income","value":"$38.0 million (Q4), $15.4 million (full year 2023)"},{"label":"EPS","value":"$0.30 per diluted share (Q4), $0.12 per diluted share (full year 2023)"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}