{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-012129","form_type":"8-K","ticker":"IRDM","cik":"0001418819","company_name":"Iridium Communications Inc.","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.788586+00:00","generated_at":"2026-06-16T22:26:10.309670+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Iridium Q1: Net income $9.8M (EPS $0.08), OEBITDA $111.9M (+8% YoY), revenue +22%","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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-012129","json":"https://secwatch.observer/filing/0001628280-23-012129.json","markdown":"https://secwatch.observer/filing/0001628280-23-012129.md","text":"https://secwatch.observer/filing/0001628280-23-012129.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418819/000162828023012129/0001628280-23-012129-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418819/000162828023012129/irdm-20230420.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:26:10.309670+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":"eb20762a5b162c6bf1254943a9f5f86ad8901200","claim":"Iridium Communications Inc. reported the first quarter ended March 31, 2023 results: revenue $205.3 million, net income $9.8 million, EPS $0.08 per diluted share. Guidance reaffirmed.","evidence_excerpt":"the prior-year period, representing a year-over-year increase of 8%. These results benefitted from growth in all business areas. Iridium reported first-quarter total revenue of $205.3 million, which consisted of $139.3 million of service revenue and $66.0 million of revenue related to equipment sales and engineering and support projects. Total revenue increased 22%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1418819/000162828023012129/0001628280-23-012129-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$205.3 million"},{"label":"Net income","value":"$9.8 million"},{"label":"EPS","value":"$0.08 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"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"}