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Last $6.37 USD
Change Today +0.15 / 2.41%
Volume 242.2K
As of 1:15 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

orbcomm inc (ORBC) Snapshot

Open
$6.23
Previous Close
$6.22
Day High
$6.59
Day Low
$6.20
52 Week High
07/14/14 - $7.10
52 Week Low
10/1/14 - $5.40
Market Cap
447.3M
Average Volume 10 Days
179.9K
EPS TTM
$-0.0031
Shares Outstanding
70.2M
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, Inc., Annual General Meeting, Apr 22, 2015

ORBCOMM, Inc., Annual General Meeting, Apr 22, 2015., at 08:00 US Eastern Standard Time. Location: Hyatt Regency Reston. Agenda: To elect two members to board of directors with terms expiring at the annual meeting in 2018; to ratify the appointment by the audit committee of board of directors of KPMG LLP as independent registered public accounting firm for fiscal year 2015; and to cast an advisory vote to approve the company's executive compensation.

ORBCOMM, Inc. Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Reports Impairment Loss for the Fourth Quarter Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

ORBCOMM, Inc. reported consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total revenue of $29,468,000 compared to $19,240,000 a year ago. Loss from operations was $3,260,000 compared to income from operations of $1,533,000 a year ago. Loss before income taxes was $5,906,000 compared to income before income taxes of $1,523,000 a year ago. Net loss was $5,569,000 compared to net income of $831,000 a year ago. Net loss attributable to the company was $5,623,000 compared to net income attributable to the company of $819,000 a year ago, lower largely due to higher depreciation and amortization expense of $4.4 million and nonrecurring costs consisting of debt refinancing costs of $2.6 million, acquisition-related and integration costs of 2.2 million, an impairment loss of $0.6 million related to an AIS satellite and an inventory write-off of $0.4 million. Basic and diluted net loss per share was $0.09 compared to basic and diluted earnings per share of $0.02 a year ago. EBITDA was $1,205,000 compared to $3,300,000 a year ago. Adjusted EBITDA was $5,154,000 compared to $4,658,000 a year ago. For the full year, the company reported total revenue of $96,242,000 compared to $74,212,000 a year ago. Loss from operations was $1,606,000 compared to income from operations of $5,701,000 a year ago. Loss before income taxes was $4,117,000 compared to income before income taxes of $6,054,000 a year ago. Net loss was $4,525,000 compared to net income of $4,759,000 a year ago. Net loss attributable to the company was $4,684,000 compared to net income attributable to the company of $4,599,000 a year ago. Basic and diluted net loss per share was $0.08 compared to basic and diluted earnings per share of $0.09 a year ago. Net cash provided by operating activities was $3,029,000 compared to $8,754,000 a year ago. Capital expenditures were $45,229,000 compared to $37,296,000 a year ago. EBITDA was $9,331,000 compared to $11,915,000 a year ago. Adjusted EBITDA was $17,704,000 compared to $16,706,000 a year ago. The company reported impairment loss for the fourth quarter ended December 31, 2014. For the quarter, the company reported impairment loss of $605,000. For the year 2015, the company expects revenues of $170 million to $190 million, and the company increasing revenue guidance to include InSync and are now projecting total revenues of $174 million to $194 million. The company are maintaining adjusted EBITDA guidance in the $40 million to $45 million range. Depreciation and amortization to be in the mid- to high $20 million range for the combined company.

ORBCOMM, Inc. to Report Q4, 2014 Results on Mar 12, 2015

ORBCOMM, Inc. announced that they will report Q4, 2014 results at 1:30 PM, GMT Standard Time on Mar 12, 2015

 

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ORBC Competitors

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Company Last Change
Globalstar Inc $2.38 USD -0.005
Inmarsat PLC 987.50 GBp -16.50
Iridium Communications Inc $9.98 USD -0.26
Pointer Telocation Ltd $8.12 USD +0.02
QUALCOMM Inc $68.27 USD -0.78
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Industry Analysis

ORBC

Industry Average

Valuation ORBC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 4.1x
Price/Book 1.4x
Price/Cash Flow 70.4x
TEV/Sales 2.0x
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