— Iridium Communications (NASDAQ: IRDM) reported fourth quarter 2019 loss of $0.82 per share versus a loss of $0.22 per share expected.
— Revenue grew 5% to $138.9 million versus $138.76 million expected.
— Total billable subscribers grew 16% year-over-year to 1.3 million.
— Commercial voice and data subscribers were up 1% from the year-ago period to 363,000 subscribers.
— Commercial business ended the quarter with 1.165 million billable subscribers compared to 1.008 million in the prior-year quarter.
— Total service revenue increased 10%, while equipment revenue declined 15%.
— For fiscal 2020, total service revenue is expected to be grow in the range of 6% to 8%.
— IRDM stock ended down 4.74% at $28.77 yesterday.
Biogen (NASDAQ: BIIB) reported third-quarter 2021 financial results before the regular market hours on Wednesday. The company reported Q3 revenue of $2.78 billion, down 18% year-over-year and higher than the
Verizon (NYSE: VZ) reported Third-quarter 2021 financial results before the regular trading hours on Wednesday. The telecommunications giant reported Q3 revenue of $32.9 billion, up 4.3% year-over-year and above the
Philip Morris International Inc. (NYSE: PM) reported Third-quarter 2021 earnings results today. Net revenues increased 9% year-over-year to $8.1 billion. The reported net income amounted to $2.42 billion compared to