ORBCOMM (ORBC) Reports In-Line Q4 EPS
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ORBCOMM Announces Fourth Quarter and Full Year 2016 Results
February 28, 2017 7:00 AM EST2016 Service Revenues Reach Record of $112.9 Million, Up 13% Compared to Last Year
2016 Total Revenues of $186.7 Million up 5% from $178.3 Million Last Year
2016 Adjusted EBITDA Increased 12% to $47.3 Million
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ROCHELLE PARK, N.J.--(BUSINESS WIRE)-- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Internet of Things (IoT) solutions, today announced financial results for the fourth quarter and full year ended December 31, 2016.
The following financial highlights are in thousands of dollars.
   ÂThree months endedDecember 31,
Twelve months endedDecember 31,
2016 Â Â 2015 2016 Â Â 2015 Service Revenues $ 29,427 $ 27,140 $ 112,881 $ 99,973... More