Orbit International (ORBT) Reports 2021 Year End Results
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Orbit International Corp. Reports 2021 Year End Results
March 10, 2022 8:45 AM ESTCOMPANY RECOMMENCES ITS QUARTERLY CASH DIVIDEND PAYMENT AND ANNOUNCES CASH DIVIDEND OF $0.01 PER COMMON SHARE
FOR THE FIRST QUARTER OF 2022
2021 Net Income of $3,246,000 ($0.93 per diluted share) v. $641,000 ($0.18 per diluted share) in Prior Year Period
2021 EBITDA, As Adjusted, of $3,499,000 ($1.01 per diluted share) v. $921,000 ($0.26 per diluted share) in Prior Year Period
Exclusive of PPP Loan Forgiveness and Acquisition Costs Relating to the Panel Products Acquisition, 2021 Net Income was $1,991,000 ($0.57 per diluted share) and EBITDA, As Adjusted was $2,244,000 ($0.65 per diluted share)... More
