Iridium Communications’ Rapidly Rising Debt Causes Uncertain Future – ValueWalk Premium
Iridium Communications

Iridium Communications’ Rapidly Rising Debt Causes Uncertain Future

Iridium Communications Inc. (NASDAQ:IRDM) recently dropped 24 percent over a period of two days after a poor earnings report, and now looks to offer value.

Iridium earnings growth

Before the decline, Iridium Communications Inc. (NASDAQ:IRDM) was only trading at a TTM P/E ratio of 10, despite notching up earnings . . .

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