WRR
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0.00% 16.0¢ world reach limited

Imran I know you follow this stock more than most. Care to...

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  1. DollarDan
    1,481 Posts.
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    27/02/15
    11:07
    Post #: 14828992
    Imran I know you follow this stock more than most. Care to comment on Iridium results and conference call?

    Equipment revenue up 8% for quarter.

    No exact sales figures but I don't think anyone was expecting them anyway but some very incouraging comments:

    Some keywords from call about Iridium GO:

    Strong interest.
    Very well received.
    Continuing to ramp.
    Meaningful revenue expected in future.
    Northern hemisphere summer expected to increase sales. (May,June)

    Not exact words but close enough. People, have a listen to conference call when have time. (50 mins) it's worth it. Exciting times ahead in this area.

    Also could WRR be developing the secure military handset for DOD???
    Iridium NEXT satellite system will have a full suite of products including voice. Discussions ongoing with manufactures.


    My words
    Dyor

    Thanks
    WRR Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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