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MCLEAN, Va., April 20, 2021 /PRNewswire/ Iridium Communications Inc. (Nasdaq:IRDM) ( Iridium ) today reported financial results for the first quarter of 2021 and reiterated its full-year 2021 outlook. Net loss was $5.2 million, or $0.04 per diluted share, for the first quarter of 2021, as compared to net loss of $31.7 million, or $0.24 per diluted share, for the first quarter of 2020. This decrease in net loss was primarily the result of the absence of debt extinguishment costs, which were incurred in the year ago period with Iridium s refinancing of its senior unsecured notes. Operational EBITDA ( OEBITDA )
(1) for the first quarter was $89.8 million, as compared to $92.1 million for the prior-year period, representing a year-over-year decrease of 2% and an OEBITDA margin
Iridium Announces First-Quarter 2021 Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
SpaceX 14th Falcon 9 launch: 10 Iridium NEXT communication satellites successfully lifted off
SpaceX 14th Falcon 9 launch: 10 Iridium NEXT communication satellites successfully lifted off
This Is The Third Of The Eight Scheduled Launches For Iridiumâs Next Generation Global Satellite Constellation, Iridium NEXT. Now The Total Number Of Satellites In Orbit Is Up To 30. The First Launch Took Place In January, While The Second On June 25.
News Nation Bureau | Edited By : Deepak Mahato | Updated on: 11 Oct 2017, 12:35:58 PM
New Delhi:
SpaceX, a US private spaceflight company, successfully launched 10 Â next generation global satellite to low-earth orbit from Space Launch Complex 4E(SLC-4E) in Californiaâs Vandenberg Air Force Base .