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Last $6.04 USD
Change Today +0.15 / 2.55%
Volume 278.1K
ORBC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 5:20 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

orbcomm inc (ORBC) Snapshot

Open
$5.99
Previous Close
$5.89
Day High
$6.05
Day Low
$5.90
52 Week High
06/15/15 - $7.62
52 Week Low
08/7/15 - $5.27
Market Cap
425.6M
Average Volume 10 Days
476.5K
EPS TTM
$-0.02
Shares Outstanding
70.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ORBCOMM INC (ORBC)

orbcomm inc (ORBC) Related Businessweek News

No Related Businessweek News Found

orbcomm inc (ORBC) Details

ORBCOMM Inc., a wireless data communications company, provides machine-to-machine communication solutions primarily in the United States, Japan, Europe, and internationally. The company offers solutions, including network connectivity, devices, and Web reporting applications that enable businesses and government agencies to track, monitor, and control and communicate with fixed and mobile assets. It operates a two-way wireless data messaging system for narrowband data communication, as well as provides technology to monitor, manage, and remotely control refrigerated transportation and other mobile assets. The company also provides Automatic Identification System (AIS) data services for vessel tracking and to enhance maritime safety using various network platforms, including its own constellation of 30 low-Earth orbit satellites, one AIS microsatellite, and accompanying ground infrastructure to government and commercial customers. In addition, it offers satellite based customer solutions and terrestrial-based cellular network services through service agreements with mobile satellite providers, as well as various cellular wireless carriers. The company markets and sells its products and services directly to original equipment manufacturers, government customers, and end-users, as well as through value-added resellers, international value-added resellers, international licensees, country representatives, and solution providers. It has a strategic alliance with Inmarsat plc. The company was founded in 2001 and is headquartered in Rochelle Park, New Jersey.

225 Employees
Last Reported Date: 03/16/15
Founded in 2001

orbcomm inc (ORBC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $474.4K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $327.0K
Executive Vice President of Technology & Oper...
Total Annual Compensation: $266.0K
Executive Vice President of Product Developme...
Total Annual Compensation: $238.8K
Executive Vice President, General Counsel and...
Total Annual Compensation: $233.9K
Compensation as of Fiscal Year 2014.

orbcomm inc (ORBC) Key Developments

ORBCOMM Provides Earnings Guidance for the Third Quarter of 2015; Reaffirms Earnings Guidance for the Full Year 2015

ORBCOMM provided earnings guidance for the third quarter of 2015 and reaffirmed earnings guidance for the full year 2015. For the third quarter, the company expects hardware revenues to be similar to second quarter and company expect to see a rise in service revenues, leading to a corresponding increase in adjusted EBITDA. For the full year the company reaffirmed its annual guidance of $174 million to $194 million in revenues and $40 million to $45 million in adjusted EBITDA.

ORBCOMM, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Impairment Loss for the Second Quarter of 2015

ORBCOMM, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $44,883,000 compared to $24,298,000 a year ago. Loss from operations was $11,566,000 compared to income from operations of $1,794,000 a year ago. Loss before income taxes was $12,609,000 compared to income before income taxes of $1,871,000 a year ago. Net loss attributable to common stockholders was $12,217,000 or $0.17 per basic and diluted share compared to net income attributable to common stockholders of $1,394,000 or $0.02 per diluted share a year ago. Adjusted EBITDA was $10,337,000 compared to $5,121,000 a year ago. The increase in service revenues in second quarter of 2015 was driven by both organic growth and the recent acquisitions. Excluding acquisition-related and integration costs of $1.1 million and the satellite impairment loss of $12.7 million, net income ex-items, attributable to company’s common stockholders was $1.6 million and basic EPS ex-items was $0.02 for the second quarter of 2015 compared to net income ex-items, attributable to company’s common stockholders of $1.6 million and basic EPS ex-items of $0.03 for the comparable period last year. LBITDA was $4,707,000 against EBITDA of $4,004,000 a year ago. For the six months period, the company reported total revenues of $87,213,000 compared to $43,648,000 a year ago. Loss from operations was $12,843,000 compared to income from operations of $1,579,000 a year ago. Loss before income taxes was $14,869,000 compared to income before income taxes of $1,640,000 a year ago. Net loss attributable to common stockholders was $15,099,000 or $0.21 per basic and diluted share compared to net income attributable to common stockholders of $953,000 or $0.02 per diluted share a year ago. Net cash provided by operating activities was $7,335,000 compared to $3,516,000 a year ago. Capital expenditures were $22,818,000 compared to $31,677,000 a year ago. Adjusted EBITDA was $19,382,000 compared to $8,754,000 a year ago. EBITDA was $523,000 against EBITDA of $5,545,000 a year ago. The company reported impairment loss - satellite network of $12,748,000 for the second quarter of 2015 compared to nil a year ago.

ORBCOMM, Inc. to Report Q2, 2015 Results on Aug 06, 2015

ORBCOMM, Inc. announced that they will report Q2, 2015 results at 10:30 AM, US Eastern Standard Time on Aug 06, 2015

 

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ORBC Competitors

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Company Last Change
Globalstar Inc $1.72 USD +0.13
Inmarsat PLC 998.50 GBp +32.00
Iridium Communications Inc $6.93 USD -0.05
QUALCOMM Inc $55.86 USD +0.84
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Industry Analysis

ORBC

Industry Average

Valuation ORBC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.0x
Price/Book 1.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.4x
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