Tag: earnings

  • Iridium Reports 2% Revenue Growth Despite IoT Market Challenges

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    How is Iridium performing against growing NTN competition? Iridium reported a modest 2% year-over-year revenue increase in Q1 2026, continuing its steady IoT subscriber growth despite intensifying competition from non-terrestrial network (NTN) providers targeting Direct-to-Device (D2D) services. CEO Matt Desch addressed mounting pressures from emerging competitors during the earnings call, particularly around spectrum allocation and…