Iridium Communications Stock
€26.39
Your prediction
Iridium Communications Stock
Pros and Cons of Iridium Communications in the next few years
Pros
Cons
Performance of Iridium Communications vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Iridium Communications | 1.520% | 13.116% | 10.789% | -56.879% | -29.268% | - | - |
| U.s. Cellular Corp. | -1.820% | 0.610% | 1.227% | 70.984% | -11.290% | 12.245% | -24.709% |
| SES S.A. | -0.180% | 3.660% | -7.207% | 2.349% | -5.029% | -11.733% | -61.305% |
| China Telecom Corp. Ltd. | -1.940% | 1.980% | 11.303% | 3.622% | 24.456% | 76.370% | 13.988% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon reviewing the financials of Iridium Commun (IRDM), it is evident that the company has shown growth and stability in certain areas. However, there are challenges that the business faces as well. The following analysis delves into the various merits and shortcomings of the company's financial performance.
Gross Profit Growth: Iridium Commun has managed to increase its gross profits from $440,746,000 in 2020 to $519,885,000 in 2022. This steady growth showcases the company's ability to generate profits from direct sales and services.
Lower Net Interest Expense: The company has managed to reduce its net interest expenses from $94,271,000 in 2020 to $65,089,000 in 2022. This decline indicates a more manageable level of interest payments, thus reflecting improved financial management and less financial risk.
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