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Iridium outlines $302M free cash flow projection for 2025 amid tariff impact and IoT expansion
CEO Matt Desch highlighted that service revenue continued to expand, driven by new services and subscriber growth. He noted the impact of recently announced U.S. tariffs, estimating a $3M increase in ...
CEO Matthew Desch stated that Iridium “achieved our 2025 guidance,” with service revenue on target and operational EBITDA growing 5% for the full year. He emphasized the company’s strong free cash ...
Shares were up 19% to $11.66 in Monday morning trading. The stock has fallen 61% year-to-date. The company said it may hit its target of positive free cash flow sooner than fiscal 2027. It also guided ...
A cash flow projection is an invaluable tool for understanding your business’s progress over a specific time period. It may cover upcoming months, weeks, or even just a few days. Financial planning is ...
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