ORBCOMM Announces First Quarter 2019 Results

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ORBCOMM (ORBC) Reports In-Line Q1 EPS, Slight Beat; Offers 2Q Revenue Guidance

May 1, 2019 8:04 AM EDT

ORBCOMM (NASDAQ: ORBC) reported Q1 EPS of ($0.07), in-line with the analyst estimate of ($0.07). Revenue for the quarter came in at $66.04 million versus the consensus estimate of $65.88 million.

We made major strides this quarter in our plan to improve service margins, hardware margins, working capital... More