McLean, Va., October 19, 2023 – Iridium Communications Inc. (Nasdaq: IRDM) (“Iridium”), a provider of global voice and data satellite communications, today reported financial results for the third quarter of 2023 and updated its full-year 2023 outlook. Net loss was US $1.6 million, or US$ 0.01 per diluted share, for the third quarter of 2023, as compared to net income of US $2.1 million, or US$ 0.02 per diluted share, for the third quarter of 2022. Operational EBITDA (“OEBITDA”)(1) for the third quarter was US$ 121.3 million, as compared to US$ 107.8 million for the prior-year period, representing a year-over-year increase of 12%.