Iridium reports strong growth in commercial service revenue

Iridium Communications reported financial results for the quarter ended March 31, 2010. Total revenue increased 7.9% for the first quarter to $81.7 million compared to $75.8 million during the first quarter of 2009. Commercial service revenue increased 11.0% to $40.9 million in the first quarter compared to $36.8 million during the first quarter of 2009. Government voice and machine-to-machine (M2M) data service revenue increased 3.1% to $13.8 million in the first quarter compared to $13.3 million in the first quarter of 2009.