{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-035834","form_type":"8-K","ticker":"IRDM","cik":"0001418819","company_name":"Iridium Communications Inc.","filed_at":"2025-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.943725+00:00","generated_at":"2026-05-18T02:10:40.427855+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Iridium Q2 net income $22M, OEBITDA up 6%; lowers service revenue guidance; dividend raised to $0.15","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-035834","json":"https://secwatch.observer/filing/0001628280-25-035834.json","markdown":"https://secwatch.observer/filing/0001628280-25-035834.md","text":"https://secwatch.observer/filing/0001628280-25-035834.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418819/000162828025035834/0001628280-25-035834-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418819/000162828025035834/irdm-20250724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T02:10:40.427855+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}