ORBCOMM Announces First Quarter 2017 Results

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ORBCOMM (ORBC) Misses Q1 EPS by 1c

May 4, 2017 7:18 AM EDT

ORBCOMM (NASDAQ: ORBC) reported Q1 EPS of ($0.05), $0.01 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $51.92 million versus the consensus estimate of $48.6 million.

Our strong sales pipeline resulted in a fast start to 2017, with a record first quarter... More