07:41 AM EDT, 04/23/2026 (MT Newswires) -- Iridium Communications ( IRDM ) reported first-quarter earnings Thursday of $0.20 per diluted share, down from $0.27 a year earlier.

Analysts surveyed by FactSet expected $0.33.

Revenue for the quarter ended March 31 was $219.1 million, up from $214.9 million a year earlier.

Analysts surveyed by FactSet expected $218.4 million.

Shares of Iridium were down 3.5% in Thursday premarket trading.