Iridium Predicts Accelerated 2021 Service Growth

Iridium expects to end 2021 with its service -- its largest revenue stream -- up 5%-6%, it said Tuesday, announcing Q3 results. It previously forecast 4%-5%. Revenue for the quarter was $162.2 million, $10.7 million higher year over year. Service revenue was $127.8 million, a $10.8 million rise.