Iridium profit fell to $8.4 million in Q4 from $10.1 million...
Iridium profit fell to $8.4 million in Q4 from $10.1 million a year ago, despite revenue growth to $95 million from $87.9 million, it said. Lower profit was primarily due to higher income taxes. The company ended 2011 with 523,000…
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subscribers, versus 427,000 a year earlier. Iridium expects 20-25 percent subscriber growth in 2012, with revenue growth of 8-11 percent.