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Iridium Communications Inc

IRDM

24.130USD

+0.009+0.04%
Close 04/30, 16:00ETQuotes delayed by 15 min
2.62BMarket Cap
23.26P/E TTM

Iridium Communications Inc

24.130

+0.009+0.04%
More Details of Iridium Communications Inc Company
Iridium Communications Inc. operates the mobile voice and data satellite communications network that spans the entire globe. The Company enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, it delivers a portfolio of solutions for markets that require global communications. Its principal vertical lines of business include land mobile, maritime, aviation, IoT, hosted payloads and other data services, which includes navigation and timing (PNT), and the United States government. Its products include Iridium 9555, Iridium Extreme satellite phones, Iridium Extreme PTT, Iridium GO! Iridium GO!, and others. It provides voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via its satellite network, which has an architecture of 66 operational satellites with in-orbit spares and related ground infrastructure.
Company Info
Company codeIRDM
Company nameIridium Communications Inc
IPO dateFeb 15, 2008
Founded at2007
CEOMr. Matthew J. (Matt) Desch
Number of employees873
Security typeOrdinary Share
Fiscal year-endFeb 15
AddressSuite 1400
CityMCLEAN
Stock exchangeNASDAQ Global Select Consolidated
CountryUnited States of America
Postal code22102
Phone13015716200
Websitehttps://www.iridium.com/
Company codeIRDM
IPO dateFeb 15, 2008
Founded at2007
Company Executives
Name
Name/Position
Position
Shareholding
Change
Mr. Matthew J. (Matt) Desch
Mr. Matthew J. (Matt) Desch
Chief Executive Officer, Director
Chief Executive Officer, Director
919.66K
+14.34%
Mr. Alvin Bernard Krongard
Mr. Alvin Bernard Krongard
Independent Director
Independent Director
339.73K
-0.51%
Mr. Thomas J. (Tom) Fitzpatrick, CPA
Mr. Thomas J. (Tom) Fitzpatrick, CPA
Director
Director
289.82K
+67.09%
Mr. Robert H. (Bob) Niehaus
Mr. Robert H. (Bob) Niehaus
Independent Chairman of the Board
Independent Chairman of the Board
276.06K
-1.40%
Mr. Thomas C. Canfield
Mr. Thomas C. Canfield
Independent Director
Independent Director
241.19K
-0.46%
Adm. (Retd.) Eric T. Olson
Adm. (Retd.) Eric T. Olson
Independent Director
Independent Director
134.85K
-0.77%
Ms. Suzanne E. Mcbride
Ms. Suzanne E. Mcbride
Chief Operating Officer, Director
Chief Operating Officer, Director
126.06K
+61.26%
Ms. Kathleen A. (Kathy) Morgan
Ms. Kathleen A. (Kathy) Morgan
Chief Legal Officer
Chief Legal Officer
83.94K
-0.76%
Mr. Timothy James (Tim) Last
Mr. Timothy James (Tim) Last
Executive Vice President - Sales and Marketing
Executive Vice President - Sales and Marketing
53.50K
-0.13%
Mr. Vincent James (Vince) O'Neill
Mr. Vincent James (Vince) O'Neill
Chief Financial Officer
Chief Financial Officer
51.95K
+81.79%
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Matthew J. (Matt) Desch
Mr. Matthew J. (Matt) Desch
Chief Executive Officer, Director
Chief Executive Officer, Director
919.66K
+14.34%
Mr. Alvin Bernard Krongard
Mr. Alvin Bernard Krongard
Independent Director
Independent Director
339.73K
-0.51%
Mr. Thomas J. (Tom) Fitzpatrick, CPA
Mr. Thomas J. (Tom) Fitzpatrick, CPA
Director
Director
289.82K
+67.09%
Mr. Robert H. (Bob) Niehaus
Mr. Robert H. (Bob) Niehaus
Independent Chairman of the Board
Independent Chairman of the Board
276.06K
-1.40%
Mr. Thomas C. Canfield
Mr. Thomas C. Canfield
Independent Director
Independent Director
241.19K
-0.46%
Adm. (Retd.) Eric T. Olson
Adm. (Retd.) Eric T. Olson
Independent Director
Independent Director
134.85K
-0.77%
Revenue Breakdown
Currency: USDUpdate time: Sun, Apr 6
Currency: USDUpdate time: Sun, Apr 6
FY2024
FY2023
FY2022
FY2021
FY2020
FY2019
No Data
By RegionUSD
Name
Revenue
Proportion
United States
437.98M
52.73%
OTHER COUNTRIES
304.31M
36.63%
Canada
88.39M
10.64%
By Business
By Region
No Data
Shareholder
Update time: Thu, Mar 20
Update time: Thu, Mar 20
Shareholder Statistics
Type
Shareholder Statistics
Shareholder
Proportion
Baron Capital Management, Inc.
9.96%
The Vanguard Group, Inc.
9.93%
BlackRock Institutional Trust Company, N.A.
9.86%
Baralonco, Ltd.
9.65%
State Street Global Advisors (US)
4.05%
Other
56.56%
Shareholder Statistics
Shareholder
Proportion
Baron Capital Management, Inc.
9.96%
The Vanguard Group, Inc.
9.93%
BlackRock Institutional Trust Company, N.A.
9.86%
Baralonco, Ltd.
9.65%
State Street Global Advisors (US)
4.05%
Other
56.56%
Type
Shareholder
Proportion
Investment Advisor/Hedge Fund
43.01%
Investment Advisor
37.60%
Corporation
9.65%
Bank and Trust
4.14%
Hedge Fund
4.13%
Individual Investor
2.81%
Research Firm
2.30%
Pension Fund
1.91%
Sovereign Wealth Fund
1.09%
Institutional Shareholding
Update time: Tue, Mar 4
Update time: Tue, Mar 4
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q1
828
116.04M
107.28%
-15.19M
2024Q4
836
113.51M
104.16%
-6.33M
2024Q3
812
111.24M
94.88%
-5.31M
2024Q2
798
114.37M
95.36%
-4.39M
2024Q1
784
116.42M
96.81%
+6.68M
2023Q4
774
116.06M
93.52%
-6.28M
2023Q3
759
115.30M
92.02%
-5.69M
2023Q2
747
116.72M
92.55%
-7.09M
2023Q1
742
119.90M
94.62%
-2.50M
2022Q4
704
118.54M
94.16%
-6.36M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
Baron Capital Management, Inc.
10.77M
9.9%
-349.41K
-3.14%
Dec 31, 2024
The Vanguard Group, Inc.
10.74M
9.88%
-165.48K
-1.52%
Dec 31, 2024
BlackRock Institutional Trust Company, N.A.
10.66M
9.81%
+587.41K
+5.83%
Dec 31, 2024
Baralonco, Ltd.
10.43M
9.59%
--
--
Mar 17, 2025
State Street Global Advisors (US)
4.38M
4.03%
+113.57K
+2.66%
Dec 31, 2024
Sumitomo Mitsui Trust Bank, Limited
2.83M
2.6%
+320.51K
+12.78%
Dec 31, 2024
Silver Heights Capital Management, Inc.
3.72M
3.42%
-9.80K
-0.26%
Dec 31, 2024
Van Berkom & Associates Inc.
3.17M
2.92%
-358.57K
-10.16%
Dec 31, 2024
ARK Investment Management LLC
2.51M
2.31%
+134.92K
+5.69%
Dec 31, 2024
Schroder Investment Management North America Inc.
2.21M
2.04%
+683.78K
+44.70%
Dec 31, 2024
View more
Related ETFs
Update time: Sun, Apr 6
Update time: Sun, Apr 6
Name
Proportion
ARK Space Exploration & Innovation ETF
8.96%
ARK Autonomous Technology & Robotics ETF
5.13%
Procure Space ETF
4.77%
Pacer Data & Infrastructure RE
4.71%
iShares U.S. Telecommunications ETF
3.79%
SPDR S&P Kensho Final Frontiers ETF
3.7%
SPDR S&P Telecom ETF
2.91%
SRH US Quality ETF
1.78%
SPDR S&P Kensho Future Security ETF
1.46%
Defiance Next Gen Connectivity ETF
1.4%
View more
ARK Space Exploration & Innovation ETF
Proportion8.96%
ARK Autonomous Technology & Robotics ETF
Proportion5.13%
Procure Space ETF
Proportion4.77%
Pacer Data & Infrastructure RE
Proportion4.71%
iShares U.S. Telecommunications ETF
Proportion3.79%
SPDR S&P Kensho Final Frontiers ETF
Proportion3.7%
SPDR S&P Telecom ETF
Proportion2.91%
SRH US Quality ETF
Proportion1.78%
SPDR S&P Kensho Future Security ETF
Proportion1.46%
Defiance Next Gen Connectivity ETF
Proportion1.4%
Dividend
A total of 129.51M USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Mar 07, 2025
IRDM.NB Interim Cash Dividend of gross USD 0.14 paid on Mar 31, 2025 going ex on Mar 17, 2025
Mar 17, 2025
Mar 31, 2025
Mar 17, 2025
Dec 06, 2024
IRDM.NB Final Cash Dividend of gross USD 0.14 paid on Dec 31, 2024 going ex on Dec 16, 2024
Dec 16, 2024
Dec 31, 2024
Dec 16, 2024
Aug 23, 2024
IRDM.NB Interim Cash Dividend of gross USD 0.14 paid on Sep 30, 2024 going ex on Sep 13, 2024
Sep 13, 2024
Sep 30, 2024
Sep 13, 2024
May 24, 2024
IRDM.NB Interim Cash Dividend of gross USD 0.14 paid on Jun 28, 2024 going ex on Jun 14, 2024
Jun 14, 2024
Jun 28, 2024
Jun 14, 2024
Feb 15, 2024
IRDM.NB Interim Cash Dividend of gross USD 0.13 paid on Mar 29, 2024 going ex on Mar 14, 2024
Mar 15, 2024
Mar 29, 2024
Mar 14, 2024
Dec 04, 2023
IRDM.NB Final Cash Dividend of gross USD 0.13 paid on Dec 29, 2023 going ex on Dec 14, 2023
Dec 15, 2023
Dec 29, 2023
Dec 14, 2023
Sep 06, 2023
IRDM.NB Interim Cash Dividend of gross USD 0.13 paid on Sep 29, 2023 going ex on Sep 14, 2023
Sep 15, 2023
Sep 29, 2023
Sep 14, 2023
May 08, 2023
IRDM.NB Interim Cash Dividend of gross USD 0.13 paid on Jun 30, 2023 going ex on Jun 14, 2023
Jun 15, 2023
Jun 30, 2023
Jun 14, 2023
Dec 08, 2022
IRDM.NB Interim Cash Dividend of gross USD 0.13 paid on Mar 30, 2023 going ex on Mar 14, 2023
Mar 15, 2023
Mar 30, 2023
Mar 14, 2023
Stock Split
Date
Type
Ratio
No Data
Date
Type
Ratio
No Data