ORBCOMM (ORBC) Misses Q1 EPS by 2c, Miss on Revenues

May 3, 2018 7:10 AM EDT

ORBCOMM (NASDAQ: ORBC) reported Q1 EPS of ($0.13), $0.02 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $68 million versus the consensus estimate of $69.06 million.

  • Total Revenues of $68.0 Million, Up 31% Compared to Last Year
  • Margins Trending Higher for both Services and Products Over Q4 2017
  • Over 100,000 Net Subscriber Communicators Additions in Q1 2018

For earnings history and earnings-related data on ORBCOMM (ORBC) click here.



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