The EPS miss and decision to cancel the earnings call signal reduced near-term growth visibility and underscore operational weakness as the Rocket Lab acquisition progresses. Monitor proxy filings (DEFM14A) for terms and shareholder vote timeline; the deal premium may cap downside but operational underperformance could pressure merger consideration.
Price Chart
Executive Summary
Iridium announced Q2 2026 earnings release will be on July 22, 2026, without a conference call due to the pending acquisition by Rocket Lab. The reported Q1 2026 EPS of $0.20 missed consensus of $0.29, a -31.0% surprise, signaling ongoing operational challenges ahead of the merger closing.
Key Financial Metrics
Key Facts
- Q2 2026 earnings release scheduled for July 22, 2026
- No conference call due to pending Rocket Lab acquisition (announced June 29, 2026)
- Q1 2026 EPS of $0.20 missed consensus of $0.29 (-31.0% surprise)
- Q1 2026 revenue not explicitly stated in this filing (prior consensus was $220.4M)
Financial Impact
Q1 2026 EPS missed consensus by -31.0%, a $0.09 per share shortfall
Risk Factors
- Pending acquisition by Rocket Lab may be subject to regulatory and shareholder approvals
- Q1 EPS miss suggests deteriorating fundamentals that could affect deal valuation or closing conditions
- Cancellation of earnings call reduces transparency ahead of merger
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302822248 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 425 | $47.09 $48.65 | ▲ +3.31% | ▲ +1.20% | $48.73 (+3.48%) |
Sep 15, 2026 17d ago | 8-K | $47.09 $48.65 | ▲ +3.31% | ▲ +1.20% | $48.73 (+3.48%) |
Sep 3, 2026 28d ago | 425 | $47.21 $46.18 | ▼ −2.18% | ▼ −0.97% | $48.73 (+3.22%) |
Aug 19, 2026 6w ago | Insider Cluster | $48.45 $47.64 | ▼ −1.67% | ▼ −2.79% | $48.73 (+0.58%) |
Aug 19, 2026 6w ago | Insider Cluster | $48.71 $47.20 | ▲ +3.10% | ▲ +2.71% | $48.73 (−0.04%) |
Aug 10, 2026 7w ago | 8-K | $49.38 $49.03 | ▼ −0.71% | ▼ −0.31% | $48.73 (−1.32%) |
Aug 6, 2026 8w ago | 425 | $49.93 $50.20 | ▲ +0.54% | ▲ +0.14% | $48.73 (−2.40%) |
Jul 22, 2026 10w ago | 8-K | $46.86 $44.36 | ▼ −5.33% | ▼ −2.93% | $48.73 (+3.99%) |
Jul 9, 2026 12w ago | Press Release | $50.06 $46.61 | ▲ +6.89% | ▲ +6.33% | $48.73 (+2.66%) |
Jul 6, 2026 12w ago | 425 | $51.09 $48.86 | ▼ −4.36% | ▼ −4.92% | $48.73 (−4.62%) |
US Market Status
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