[SatNews] Lots of financials this time of year, and the latest from Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced its 2011 and long-range financial outlook at its 2010 Analyst Day in New York. The Company expects:

2011 Outlook

• Total Billable Subscriber Growth Approximately 20 percent
• Total Service Revenue Growth Between 10 percent and 13 percent
• Equipment Revenue Decline of 15 percent to 30 percent
• Operational EBITDA (OEBITDA) $180 million to $190 million

Iridium noted that the 2011 OEBITDA guidance of $180-$190 million represents 17 percent year-over-year growth at the midpoint of the ranges from the Company’s expected 2010 OEBITDA of $155-$160 million, which the Company reaffirmed today. Iridium also said it expects average service revenue growth of 9-13 percent per year between 2011 and 2015 and an OEBITDA margin of approximately 60 percent in 2015. The Company said that it expects its net leverage ratios (net debt:OEBITDA) at year-end to be:

Iridium stated it expects to begin deleveraging in 2016 at a rate that would decrease the net leverage ratio by an average of 0.5 to 1 multiple of OEBITDA per year.

Materials may be found here.