Orbit International (ORBT) Reports Q4 Loss of $0.15/Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St set for muted open as Middle East tensions curb risk appetite
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Orbit International Corp. Reports 2014 Year End Results
March 5, 2015 8:45 AM ESTHAUPPAUGE, NY -- (Marketwired) -- 03/05/15 -- Orbit International Corp. (OTC PINK: ORBT) today announced results for the fourth quarter and year ended December 31, 2014.
Fourth Quarter 2014 vs. Fourth Quarter 2013
Net sales were $3,957,000, as compared to $5,807,000. Gross margin was 28.1%, as compared to 34.3%. Net loss was $653,000 ($0.15 loss per share), as compared to a net loss of $2,726,000 ($0.62 loss per share). Earnings before interest, taxes, depreciation and amortization and stock based compensation (EBITDA, as adjusted) was a loss of $542,000 ($0.12 loss per share), as compared to a loss of $178,000 ($0.04 loss... More