Iridium Communications Inc (NAS:IRDMB.PFD)
$ 826.99 (0%) Market Cap: 0 Enterprise Value: 0 PE Ratio: 42.84 PB Ratio: 9.54 GF Score: 74/100

Iridium Communications Inc at Raymond James TMT and Consumer Conference Transcript

Dec 09, 2025 / 09:20PM GMT
Brent Penter
Raymond James - Analyst

All right. Thank you. Well, thanks, everyone, for being with us today. I'm Brent Penter on the Raymond James TMT research team working with Ric Prentiss covering satellites, media and towers and digital infrastructure, some very busy spaces right now with a lot of news going on, so a lot to talk about.

I'm joined by Vincent O'Neill, the CFO of Iridium. Vince, thanks for being with us today.

Vincent O;Neill
Iridium Communications Inc - Chief Financial Officer

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Thank you, Ric, for having us, Brent.

Questions & Answers

Brent Penter
Raymond James - Analyst

So you all announced a lot on your recent quarterly call, several changes, I think a change in tone as well. Obviously, there are significant industry developments going on that kind of kicked off by the SpaceX EchoStar Spectrum deal. And you all announced you paused buybacks, you lowered your leverage target from sub-4 to sub-3x by year-end and delevering thereafter.

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