Ligado Reports Q3 Revenue of $1.16B, Net Income of $25M
Reports Q3 revenue $1.16B, consensus $1.17B. The company reported net income of $25M improved from a net loss of $158M in Q3 FY25. This improvement was primarily due to higher interest income recognized during the quarter on the deferral of Ligado's quarterly fees which were received as part of the lump sum payment.