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Orbit International Corp. Reports 2023 Year End Results
Posted on Wednesday April 17, 2024
2023 Net Loss of $1,147,000 ($0.34 loss per share) v. Net Income of $481,000 ($0.14 per diluted share) in Prior Year Period. 2023 EBITDA, As Adjusted, was a loss of $374,000 ($0.11 loss per share) v. $412,000 ($0.12 per diluted share) in Prior Year Period. Fourth Quarter 2023 Net Loss of $339,000 ($0.10 loss per share) v. Net Income of $730,000 ($0.22 per diluted share) in Prior Year Period. Fourth Quarter 2023 EBITDA, As Adjusted, was a loss of $195,000 ($0.06 per share) v. $475,000 ($0.14 per
Orbit International Reports Consolidated Bookings for the First Quarter 2024 of Approximately $12,700,000
Posted on Thursday April 04, 2024
HAUPPAUGE, N.Y., April 04, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that consolidated bookings for the first quarter of 2024 were approximately $12,700,000. Deliveries for these orders have already commenced and are expected to continue through the first quarter of 2026. Bookings for the quarter were attributable to strong bookings from both the Company’s Electronics Group (“OEG”), whi
Company Announces Cash Dividend of $0.01 Per Common Share for the First Quarter of 2024
Posted on Friday March 15, 2024
HAUPPAUGE, N.Y., March 15, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, announced today that its Board of Directors has declared a quarterly cash dividend of $0.01 per share. The declared dividend is payable to shareholders of record as of March 29, 2024, with a payment date of April 5, 2024. Orbit International Corp., through its Electronics Group, is involved in the development and manufacture of custom
Orbit International Electronics Group Reports Bookings for February 2024 in Excess of $2,000,000
Posted on Wednesday March 13, 2024
Company’s Power Group and Electronics Group Also Report Early March 2024 New Contract Awards for Approximately $2,600,000HAUPPAUGE, N.Y., March 13, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that its Electronics Group (“OEG”) reported bookings for the month of February 2024 in excess of $2,000,000. Deliveries for the February 2024 orders have already commenced and are expected to continu