Iridium Communications (IRDM) reported Q3 net income Thursday of $0.21 per diluted share, swinging from a net loss of $0.01 a year earlier.
Analysts polled by Capital IQ expected earnings of $0.19.
Revenue for the quarter ended Sept. 30 was $212.8 million, up from $197.6 million a year earlier.
Analysts surveyed by Capital IQ expected $206.2 million.
The company's shares rose more than 5% in recent premarket activity on Thursday.
Price: 31.90, Change: +1.70, Percent Change: +5.63
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