Iridium Surges On Strong Subscriber Growth: 'We Plan To Continue Being Aggressive,' CEO Says
Iridium Surges On Strong Subscriber Growth: 'We Plan To Continue Being Aggressive,' CEO Says
Iridium Communications Inc (NASDAQ:IRDM) shares are trading higher on Tuesday after the McLean, Virginia-based company reported second-quarter earnings of 27 cents per share, beating the street view of 18 cents.
位于弗吉尼亚州麦克莱恩的铱星通信股份有限公司 (NASDAQ:IRDM) 的股票周二交易上涨，因该公司报告了第二季度盈利为每股27美分，超过了华尔街的预期18美分。
Quarterly sales of 201.067 million missed the street view of $201.852 million.
季度销售2.010亿美元，低于街头预期的2.018.52亿美元。
Iridium ended the quarter with 2.41 million total billable subscribers, versus 2.14 million for the year-ago period. Subscriptions are up from 2.33 million for the quarter ended March 31, 2024.
铱星在本季度拥有241万具有计费能力的订户，而去年同期为214万。订户数量比2024年3月31日的233万增加。
Total billable subscribers grew 13% year-over-year, led by growth in commercial IoT.
计费订户总数同比增长13％，其中商业物联网增长带动了增长。
Net income primarily benefitted from a year-over-year decrease in depreciation expense associated with extending the estimated useful lives of the company's satellites and the prior year's write-off of the company's remaining ground spare.
净收益主要受益于年度折旧费用的同比减少，该费用是与延长公司卫星的预计使用寿命以及去年取消编写公司剩余地面备件有关的。
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Capital expenditures were $12.4 million for the second quarter, including $1.2 million in capitalized interest.
第二季度的资本支出为1240万美元，其中包括120万美元的利息资本化。
The company ended the second quarter with gross Term Loan debt of $1.6 billion, $50.0 million outstanding under the Revolving Facility, and a cash and cash equivalents balance of $63.5 million.
该公司二季度末的总贷款债务为16亿美元，旋转设施下尚有5000万美元未偿还，而现金及现金等价物余额为6350万美元。
Iridium repurchased three percent of its shares and increased its quarterly dividend to common shareholders, according to CEO Matt Desch. "We plan to continue being aggressive with our shareholder-friendly activities in 2024, based on current market valuations," he added.
铱星的首席执行官马特·德什表示，该公司回购了其股份的3％，并将其普通股的季度股息增加。 “我们计划在2024年继续积极开展有助于股东的活动，根据当前市场估值而定。”他补充道。
Outlook: The company reiterated its full-year 2024 outlook. Total service revenue growth is projected between 4% and 6% for the full year 2024.
前景:该公司重申了其2024年全年展望。预计全年服务收入增长率将在4％至6％之间。
Total service revenue for 2023 was $584.5 million.
2023年的服务收入总额为5.845亿美元。
Full-year 2024 OEBITDA is expected between $460 million and $470 million. OEBITDA for 2023 was $463.1 million.
预计2024年的全年OEBITDA在4.6亿美元至4.7亿美元之间。2023年的OEBITDA为4.631亿美元。
Price Action: IRDM shares are trading higher by 9.49% to $28.38 at last check Tuesday.
价格行动:铱星通信股份有限公司的股票周二最后交易上涨了9.49％，报$28.38。
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