07:53 AM EDT, 07/23/2024 (MT Newswires) -- Iridium Communications ( IRDM ) reported Q2 net income Tuesday of $0.27 per diluted share, swinging from a net loss of $0.24 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.18.

Revenue for the quarter ended June 30 was $201.1 million, up from $193.1 million a year earlier.

Analysts surveyed by Capital IQ expected $203.6 million.

The company maintained its full-year outlook of service revenue growth of 4% to 6%.

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