37 stories found
Several executives and directors from various companies, including UiPath, Pinterest, Vivmark Residential, Adaptive Biotechnologies, Palantir, PACS Group, Ouster, and Airbnb, have sold millions of dollars worth of their common stock.
Analysts predict that Rocket Lab will become profitable and free-cash-flow-positive by 2027, largely attributed to its partnership with Iridium.
Planet Labs shares have rallied, driven by renewed investor optimism in space stocks following the partnership announcement between Rocket Lab and Iridium.
Rocket Lab has announced its intention to acquire Iridium Communications in an $8 billion deal, significantly expanding its satellite and space services.
Rocket Lab has acquired satellite company Iridium, a move that has led to a significant increase in the shares of both companies as they plan to combine into a 'space powerhouse'.
Rocket Lab shares have climbed after the company agreed to an US$8 billion acquisition of Iridium.
Rocket Lab has announced an $8 billion acquisition of Iridium, a strategic move aimed at enhancing its competitive position against SpaceX in the space industry.
Iridium Communications has announced its intention to purchase the remaining 61% stake in Aireon for approximately $366.7 million.
Highlights and transcripts from the first-quarter earnings calls of multiple companies, including Horizon Bancorp, Huntington Bancshares, Fulton Financial, and Nasdaq, have been released.
Iridium's stock price climbed by 22% this week, driven by factors that have positively impacted investor confidence in the company.
This article provides the full transcript of Iridium Communications Inc.'s earnings call for the third quarter of 2024, detailing financial performance and future outlook.
Iridium Communications (IRDM) stock significantly outperformed the market on Thursday, though specific reasons for the surge were not immediately detailed.
Several space industry stocks, including AST SpaceMobile, Intuitive Machines, and Rocket Lab, saw declines, while Iridium experienced gains, indicating a volatile period for the sector.
Rocket Lab has projected its revenue for the third quarter of 2026 to be between $250 million and $265 million, while also targeting a mid-2027 close for its Iridium mission.
Tesla reported second-quarter profits that fell below Wall Street's expectations, leading to a drop in its stock price. The company's margins compressed despite a rebound in car sales, as investments in AI and robotics and EV model discounts weighed on results.
Rocket Lab is set to acquire Iridium in an $8 billion deal, a move that could significantly impact RKLB stock.
Rocket Lab has announced its intention to acquire the satellite firm Iridium in an $8 billion cash and stock deal. This acquisition was highlighted as a key business development in midday financial news, confirming the significant transaction.
Planet Labs shares rallied following a deal between Rocket Lab and Iridium, which has sparked renewed investor interest in space-related stocks.
Rocket Lab's stock surged by 12% following news of an $8 billion takeover bid for Iridium. This development also saw shares of AST SpaceMobile and Planet Labs rise by 10%.
AMC and Iridium Communications are leading mid-cap communication services stocks with top momentum scores, while Globalstar and Roku are showing strong momentum among large-cap communication services stocks. These companies are demonstrating significant market strength in their respective categories.
Iridium has provided its financial outlook, projecting $480-$490 million in OEBITDA for 2026 and setting a target of at least $100 million in PNT revenue by 2030.
Lockheed Martin reported a miss on its Q1 2026 earnings estimates, primarily attributed to production delays for its F-16 and C-130 aircraft. The news led to a premarket slip in the company's shares.
An article compares the revenue growth and stability of Ast Spacemobile and Iridium Communications, analyzing their financial performance in the market.
This article provides the full transcript of Iridium Communications Inc.'s earnings call for the fourth quarter of 2024, detailing financial performance and future outlook.
An article evaluates whether Iridium Communications Inc. (IRDM) is a good stock to buy, providing investment insights.
Rocket Lab's $8 billion acquisition of Iridium is projected to establish a powerful and profitable space stock by 2027, signaling significant growth in the space industry.
AirNav Ireland is poised for a multimillion-euro windfall after Iridium acquired a stake in Aireon for €321 million; AirNav was one of the US firm's original backers.
Rocket Lab's acquisition of Iridium has generated excitement among investors, signaling potential strategic growth for the aerospace company.
Iridium Communications (IRDM) stock has seen a significant surge as investors react positively to Rocket Lab's acquisition of the company.
Rocket Lab announced its intention to acquire satellite communications firm Iridium in an $8 billion cash-and-stock deal, a move seen as a shortcut to expanding its capabilities and taking on competitors like SpaceX's Starlink. This consolidation in the space industry has led to significant stock movements for both companies.
Rocket Lab has acquired Iridium in an $8 billion deal, signaling its expansion beyond its core launch services business.
Seeking Alpha has published multiple reports identifying the least attractively valued small, mid, and large-cap stocks in various U.S. sectors, including utilities, financials, consumer discretionary, industrials, communications services, and REITs. These analyses are based on valuation grades to highlight companies trading at expensive valuations.
Iridium Communications has published the highlights from its first-quarter earnings call. The summary details the company's financial results and operational updates for the quarter.
Iridium's stock experienced a 5% decline following its latest earnings report, where an earnings miss outweighed a slight beat in revenue expectations.
This article provides the full transcript of Iridium Communications Inc.'s earnings call for the first quarter of 2025, detailing financial performance and future outlook.
Several space-related companies, including Planet Labs, Iridium Communications, and Intuitive Machines, saw their stock prices skyrocket this week, alongside other firms like 'Unusual Machines' experiencing substantial gains.
Iridium's 2025 financial results and 2026 outlook indicate a steady cash-flow story for the company, even as its growth moderates.