ORBCOMM (ORBC) Tops Q2 EPS by 3c

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Go back to ORBCOMM (ORBC) Tops Q2 EPS by 3c

ORBCOMM Announces Second Quarter 2015 Results

August 6, 2015 8:30 AM EDT

Total Revenues of $44.9 Million, Increased 85% Over Prior Year with Organic Growth of 20%

Adjusted EBITDA of $10.3 Million, Increased 102% Over Prior Year

Selected by Large Global Transportation OEM to Develop a Private Label Telematics Platform

ROCHELLE PARK, N.J.--(BUSINESS WIRE)-- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced financial results for the second quarter ended June 30, 2015.

The following financial highlights are in thousands of dollars.

   

Three months ended June 30,

Six months ended June 30,

2015   2014 2015   2014 Service Revenues $24,011 $14,902 $47,785... More