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.
位於弗吉尼亞州麥克萊恩的銥星通信股份有限公司 (NASDAQ:IRDM) 的股票週二交易上漲，因該公司報告了第二季度盈利爲每股27美分，超過了華爾街的預期18美分。
Quarterly sales of 201.067 million missed the street view of $201.852 million.
季度銷售2.010億美元，低於街頭預期的2.018.52億美元。
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.
銥星在本季度擁有241萬具有計費能力的訂戶，而去年同期爲214萬。訂戶數量比2024年3月31日的233萬增加。
Total billable subscribers grew 13% year-over-year, led by growth in commercial IoT.
計費訂戶總數同比增長13％，其中商業物聯網增長帶動了增長。
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.
淨收益主要受益於年度折舊費用的同比減少，該費用是與延長公司衛星的預計使用壽命以及去年取消編寫公司剩餘地面備件有關的。
Also Read: US Stock Futures Little Changed As Traders Brace For Q2 Reports From Alphabet, Tesla: 'There Remains Strong Fundamental Support For Large Caps,' Says Economist
另請參閱:美國股市期貨略有變動，交易員預計從Alphabet、特斯拉第二季度報告中獲得支持:經濟學家表示，大型股票仍有強大的基本面支持。
Capital expenditures were $12.4 million for the second quarter, including $1.2 million in capitalized interest.
第二季度的資本支出爲1240萬美元，其中包括120萬美元的利息資本化。
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.
該公司二季度末的總貸款債務爲16億美元，旋轉設施下尚有5000萬美元未償還，而現金及現金等價物餘額爲6350萬美元。
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.
銥星的首席執行官馬特·德什表示，該公司回購了其股份的3％，並將其普通股的季度股息增加。 “我們計劃在2024年繼續積極開展有助於股東的活動，根據當前市場估值而定。”他補充道。
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:該公司重申了其2024年全年展望。預計全年服務收入增長率將在4％至6％之間。
Total service revenue for 2023 was $584.5 million.
2023年的服務收入總額爲5.845億美元。
Full-year 2024 OEBITDA is expected between $460 million and $470 million. OEBITDA for 2023 was $463.1 million.
預計2024年的全年OEBITDA在4.6億美元至4.7億美元之間。2023年的OEBITDA爲4.631億美元。
Price Action: IRDM shares are trading higher by 9.49% to $28.38 at last check Tuesday.
價格行動:銥星通信股份有限公司的股票週二最後交易上漲了9.49％，報$28.38。
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