Iridium Communications Jump 8% After Q1 Results
Iridium Communications Jump 8% After Q1 Results
$Iridium Communications (IRDM.US)$ shares are trading higher on Thursday after the company reported first-quarter earnings per share of 16 cents, outpacing the Wallstreet estimate of 15 cents.
$铱星通讯 (IRDM.US)$ 周四股价上涨，此前该公司公布的第一季度每股收益为16美分，超过了华尔街估计的15美分。
Quarterly revenues of $203.85 million beat the analyst consensus of $193.75 million, driven by strong service revenue growth and subscriber expansion.
受强劲的服务收入增长和用户扩张的推动，季度收入为2.0385亿美元，超过了分析师共识的1.9375亿美元。
Total billable subscribers grew 14% year-over-year to 2.33 million, led by growth in commercial IoT.
在商业物联网增长的带动下，可计费用户总数同比增长14％，达到233万。
Operational EBITDA for the first quarter was $115.0 million, as compared to $111.9 million for the prior-year period, representing a year-over-year increase of 3%.
第一季度的运营息税折旧摊销前利润为1.15亿美元，而去年同期为1.119亿美元，同比增长3％。
Net income benefitted from a year-over-year decrease in depreciation expense and continued growth in total commercial services revenue.
净收入受益于折旧费用的同比减少以及商业服务总收入的持续增长。
Quarterly sales consisted of $148.6 million of service revenue and $55.3 million of revenue related to equipment sales and engineering and support projects.
季度销售额包括1.486亿美元的服务收入和与设备销售以及工程和支持项目相关的5,530万美元的收入。
"Continued strong service revenue growth fueled Iridium's business results in the first quarter," said Matt Desch, CEO, Iridium.
Iridium首席执行官马特·德施表示：“持续强劲的服务收入增长推动了Iridium在第一季度的业务业绩。”
Desch added, "Subscriber growth and demand for Iridium's mission-critical applications are driving new service development and free cash flow."
Desch补充说：“订户的增长和对Iridium关键任务应用程序的需求正在推动新服务的开发和自由现金流。”
Iridium Communications reiterated total service revenue growth between 4% and 6% for full-year 2024. Total service revenue for 2023 was $584.5 million.
铱星通信重申，2024年全年总服务收入增长4％至6％。2023 年的总服务收入为 5.845 亿美元。
Full-year 2024 OEBITDA is reaffirmed between $460 million and $470 million. OEBITDA for 2023 was $463.1 million.
2024年全年息税折旧摊销前利润重申在4.6亿美元至4.7亿美元之间。2023年的OEBITDA为4.631亿美元。