Iridium Communications (Nasdaq: IRDM) reported earnings on Aug. 2. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), Iridium Communications missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share increased significantly.

Margins grew across the board.

Revenue details
 Iridium Communications booked revenue of $97.3 million. The seven analysts polled by S&P Capital IQ foresaw revenue of $101.3 million on the same basis. GAAP reported sales were 1.5% higher than the prior-year quarter's $95.9 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.23. The seven earnings estimates compiled by S&P Capital IQ averaged $0.20 per share. GAAP EPS of $0.24 for Q2 were 50% higher than the prior-year quarter's $0.16 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 69.9%, 310 basis points better than the prior-year quarter. Operating margin was 29.1%, 750 basis points better than the prior-year quarter. Net margin was 18.1%, 590 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $106.6 million. On the bottom line, the average EPS estimate is $0.24.

Next year's average estimate for revenue is $403.1 million. The average EPS estimate is $0.82.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 182 members out of 190 rating the stock outperform, and eight members rating it underperform. Among 48 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 45 give Iridium Communications a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Iridium Communications is buy, with an average price target of $12.00.

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