Iridium announces Q2 2020 results; reports net loss of $12.4m
Iridium reported Q2 total revenue of $140.2m, which consisted of $113.4m of service revenue and $26.8m of revenue in equipment sales and engineering and support projects.
Iridium reported Q2 total revenue of $140.2m, which consisted of $113.4m of service revenue and $26.8m of revenue in equipment sales and engineering and support projects.
Network services revenue was $149.4m for the said period, a decrease of 27% compared to the three months ending March 31, 2019.