ORBCOMM Announces Second Quarter 2019 Results

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ORBCOMM (ORBC) Misses Q2 EPS by 1c, Slight Miss on Revenues; Provides 2H19 Revenue Outlook

July 31, 2019 7:40 AM EDT

ORBCOMM (NASDAQ: ORBC) reported Q2 EPS of ($0.08), $0.01 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $67.1 million versus the consensus estimate of $67.41 million.

We made positive strides this quarter in several areas of the business which led to Adjusted... More