The number of Internet of Things devices is growing and Iridium Communications is looking to cash in on that growth.
News & Analysis: Iridium Communications
The industry is largely private, but there are a few ways to bet on the new space race.
And despite an improving free cash flow picture, Iridium stock still looks expensive.
The satellite communications network continues its steady rise as new subscriptions add up.
IRDM earnings call for the period ending September 30, 2019.
But is it big enough to make a difference?
Iridium's cash is on fire and competitors are swarming -- but Sidoti just decided to upgrade it anyway.
These small companies could become much bigger ones in the not-so-distant future.
The company notched another share price advance after reporting on Q2 2019.
IRDM earnings call for the period ending June 30, 2019.