ORBCOMM (ORBC) Misses Q2 EPS by 1c, Revenues Beat; Offers FY Revenue Outlook
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ORBCOMM Announces Second Quarter 2018 Results
August 1, 2018 4:05 PM EDTTotal Revenues of $70.8 Million, Increase of 24% Compared to Prior Year Adjusted EBITDA of $13 Million, Up 29% Sequentially and Up 8% Over Q2 2017 Company Continues Strong Momentum Adding Over 93,000 Net Subscribers in Q2
ROCHELLE PARK, N.J., Aug. 01, 2018 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of industrial Internet of Things (IoT) solutions, today announced financial results for the second quarter ended June 30, 2018.
The following financial highlights are in thousands of dollars.
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