Iridium’s 2022 Financial Performances
The American satellite operator announced net income of $8.7 million for 2022, compared to a net loss of $9.3 million in 2021. Iridium’s total revenue of $721 million; $534.7 million of service revenue, and $182.3 million of revenue related to equipment sales and engineering and support projects. Iridium’s revenues increased 24% in 2022 versus 2021,…