Iridium Reports Q2 2020 Financial Results; Matt Desch Quoted
Iridium has announced its second quarter 2020 financial results on Tuesday, reporting a net loss of $12.4 million, compared to net loss of $18.1 million for the second quarter of 2019. The company’s operational EBITDA for the second quarter was $85.3 million, compared to $85.1 million for the prior-year period.