Iridium (NASDAQ:IRDM) announce their full year results on 26 Feb.
In their 3rd quarter update(October) they said:
"Iridium GO!™ has been an early market success, and a strong order book proves it, with more than 5,000 units already shipped. We're pleased that early indications suggest a higher ARPU for this product, showing that customers want to stay connected through their smartphones, tablets and other personal devices anywhere in the world."
The IRDM Feb update will provide some good commentary as to current demand for the GO product.
WRR Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
