Satcom provider Iridium Communications reported first-quarter 2023 revenues of $205.3 million, up 22% from $168.2 million in the previous year’s period. The company also reported $9.8 million in net income, a 250% year-over-year increase from just $2.8 million in Q1 2022. WHY IT MATTERS: : McLean, Va.-based Iridium’s (NASDAQ: IRDM) commercial business drove overall revenues for the […]
