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

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

ORBCOMM Announces First Quarter 2019 Results

May 1, 2019 8:00 AM EDT

Increased Margins for both Services and Products Over Prior Year Year-Over-Year Improvement in Net Loss of 45% and Adjusted EBITDA Growth of 49% Q1 2019 Cash Flow from Operations up $10 Million Versus Prior Year

ROCHELLE PARK, N.J., May 01, 2019 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced financial results for the first quarter ended March 31, 2019.

The following financial highlights are in thousands of dollars and unaudited.

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