ORBCOMM Announces Fourth Quarter and Full Year 2018 Results
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Chardan Capital Markets Downgrades ORBCOMM (ORBC) to Neutral
February 28, 2019 7:46 AM ESTChardan Capital Markets analyst James McIlree downgraded ORBCOMM (NASDAQ: ORBC) from Buy to Neutral and removes its price target.
McIlree comments, "Q4 results were lower than expected and guidance for this year was lower than consensus and our estimates. We have lowered... More
ORBCOMM (ORBC) Misses Q4 EPS by 5c, Revenues Miss
February 27, 2019 4:02 PM ESTORBCOMM (NASDAQ: ORBC) reported Q4 EPS of ($0.07), $0.05 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $66.3 million versus the consensus estimate of $76.06 million.
Q4 2018 Total Revenues of $66.3 Million; $276 Million Full Year, Up 8.6%Q4 2018 Recurring Service Revenues of $37.4 Million; $148... More