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Iridium reports Q3 EPS (1c), consensus 3c

Reports Q3 revenue $197.6M, consensus $200.09M. “Iridium continues to enjoy strong subscriber momentum and broad-based revenue growth across its commercial business lines, which drove record operational EBITDA,” said Matt Desch, CEO. Desch added, “We are generating exceptional cash flow, which should continue well into the future as we projected at our recent Investor Day in September.”

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