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Orbit International Corp. (ORBT)

5.55

0.00

(0.00%)

At close: April 17 at 3:37 PM EDT

Orbit International Corp. Reports 2023 Year End Results

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

GlobeNewswire 7 days ago

ORBT
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Orbit International Reports Consolidated Bookings for the First Quarter 2024 of Approximately $12,700,000

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

GlobeNewswire 20 days ago

ORBT
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Company Announces Cash Dividend of $0.01 Per Common Share for the First Quarter of 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

GlobeNewswire last month

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Orbit International Electronics Group Reports Bookings for February 2024 in Excess of $2,000,000

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

GlobeNewswire last month

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Orbit International Corp. Reports 2022 Year End Results; Commences Process Toward Reinstatement Onto OTC Pink Market

2022 Net Income of $481,000 ($0.14 per diluted share) v. Net Income of $3,246,000 ($0.93 per diluted share) in Prior Year Period. Prior Period Includes $1,618,000 ($0.47 per diluted share) of PPP Loan Forgiveness. Exclusive of PPP Loan Forgiveness, Prior Period Net Income was $1,628,000 ($0.47 per diluted share) 2022 EBITDA, As Adjusted, was $412,000 ($0.12 per diluted share) v. $3,499,000 ($1.01 per diluted share) in Prior Year Period. Exclusive of PPP Loan Forgiveness, Prior Period EBITDA, As

GlobeNewswire last month

ORBT
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Orbit International Electronics Group Reports Bookings for January 2024 in Excess of $1,500,000

Electronics Group Also Reports Early February 2024 Contract Award in Excess of $1,600,000HAUPPAUGE, N.Y., Feb. 07, 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 January 2024 in excess of $1,500,000. Deliveries for the January 2024 orders have already commenced and are expected to continue through the first quarter of 2026

GlobeNewswire 2 months ago

ORBT
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Orbit International Reports Consolidated Bookings for November 2023 in Excess of $3,100,000

SPS Reports Year to Date Record Bookings of in Excess of $10,600,000HAUPPAUGE, N.Y., Dec. 08, 2023 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that its consolidated bookings for the month of November 2023 were in excess of $3,100,000. Deliveries for the November 2023 orders have already commenced and are expected to continue through the second quarter of 2025. Mitchell Binder, President and CE

GlobeNewswire 4 months ago

ORBT
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Company Announces Cash Dividend of $0.01 Per Common Share for the Fourth Quarter of 2023

HAUPPAUGE, New York, Dec. 07, 2023 (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 December 31, 2023, with a payment date of January 9, 2024. Orbit International Corp., through its Electronics Group, is involved in the development and manufacture o

GlobeNewswire 4 months ago

ORBT
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Orbit International Reports Consolidated Bookings for October 2023 in Excess of $3,650,000

SPS Reports Year to Date Record Bookings of Approximately $10,250,000HAUPPAUGE, N.Y., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that its consolidated bookings for the month of October 2023 were in excess of $3,650,000. Deliveries for the October 2023 orders have already commenced and are expected to continue through the fourth quarter of 2026. Mitchell Binder, President and CEO

GlobeNewswire 5 months ago

ORBT
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Company Announces Cash Dividend of $0.01 Per Common Share for the Third Quarter of 2023

HAUPPAUGE, NY., Sept. 14, 2023 (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 September 29, 2023, with a payment date of October 6, 2023. Orbit International Corp., through its Electronics Group, is involved in the development and manufacture of c

GlobeNewswire 7 months ago

ORBT
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Orbit International Reports Consolidated Bookings for August 2023 in Excess of $4,000,000

SPS Reports Year to Date Record Bookings of Approximately $8,500,000HAUPPAUGE, N.Y., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that its consolidated bookings for the month of August 2023 were in excess of $4,000,000. Deliveries for the August 2023 orders have already commenced and are expected to continue through the fourth quarter of 2024. Mitchell Binder, President and CEO o

GlobeNewswire 7 months ago

ORBT
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Orbit International’s Simulator Product Solutions Subsidiary Reports July Bookings of Approximately $1,250,000

Year to Date Bookings of Approximately $6,900,000SPS Signs Long Term Lease for Additional Office/Production/Warehouse Space HAUPPAUGE, New York, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that bookings from its Simulator Product Solutions LLC subsidiary (“SPS”) for the month of July 2023 were approximately $1,250,000 bringing its year-to-date bookings to approximately $6,900,000

GlobeNewswire 8 months ago

ORBT
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Orbit International’s Simulator Product Solutions Subsidiary Reports June Bookings in Excess of $3,000,000

Second Quarter Bookings by SPS Approximately $4,500,000 June Bookings From Power Group Approximate $1,000,000 HAUPPAUGE, N.Y., July 06, 2023 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that bookings from its Simulator Product Solutions LLC subsidiary (“SPS”) for the month of June 2023 were in excess of $3,000,000 and its second quarter bookings were approximately $4,500,000. Deliveries for the

GlobeNewswire 9 months ago

ORBT
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Orbit International Corp. Electronics Group Receives New Contract Valued in Excess of $2,500,000

Contract Received by SPS SubsidiaryHAUPPAUGE, N.Y., June 21, 2023 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that its Simulator Product Solutions LLC subsidiary (“SPS”), a part of Orbit’s Electronics Group (“OEG”), received a new contract valued in excess of $2,500,000. Deliveries under the contract are expected to commence in the fourth quarter of 2023 and are expected to continue through th

GlobeNewswire 9 months ago

ORBT
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Company Announces Cash Dividend of $0.01 Per Common Share for the Second Quarter of 2023

HAUPPAUGE, New York, June 09, 2023 (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 June 30, 2023, with a payment date of July 7, 2023. Orbit International Corp., through its Electronics Group, is involved in the development and manufacture of custo

GlobeNewswire 10 months ago

ORBT
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Virgin Orbit to be sold for parts – at one per cent of its former $3.7bn valuation

Sir Richard Branson's Virgin Orbit is to cease operations months after a mission failure in the UK.

The Telegraph 10 months ago

ORBT
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Virgin Orbit auctions $36 million in remaining assets as company folds

WASHINGTON (Reuters) -Richard Branson's bankrupt satellite launch firm, Virgin Orbit, on Tuesday revealed that it was closing for good after a $36.4 million asset sale, including an agreement to sell the bulk of its Long Beach, California, headquarters to small-launch firm Rocket Lab USA Inc. Rocket Lab, the seasoned small-rocket company whose headquarters is less than a mile from Virgin Orbit's, won the bankrupt rocket company's primary manufacturing site for $16 million during an auction held on Monday, according to a court filing disclosing the results of a weeks-long Chapter 11 bid process. The purchase agreement includes machinery and equipment that had been used to manufacture Virgin Orbit's flagship LauncherOne rockets, which air-launched from the belly of a modified Boeing 747.

Reuters 10 months ago

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Orbit International Corp. Announces Further Delay in Filing Its 2022 Annual Report

Company’s Stock Will Be Moved to the OTC Expert Market on Tuesday, May 16, 2023 Company Will Suspend Its Buyback Program Until Its Reinstatement to the OTC Pink Market HAUPPAUGE, N.Y., May 12, 2023 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, announced today that the filing of its 2022 Annual Report has been further delayed with the OTC as additional time is needed to complete the audit of the acquired and ending inven

GlobeNewswire 11 months ago

ORBT
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Orbit International Corp. Electronics Group Reports Bookings of Approximately $1,740,000 in April 2023

Includes Strong Bookings From SPS SubsidiaryHAUPPAUGE, N.Y., May 05, 2023 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that bookings from its Electronics Group (“OEG”) for the month of April 2023 were approximately $1,740,000. Deliveries for some of these orders have already commenced and are expected to continue through the first quarter of 2024. Mitchell Binder, President and CEO of Orbit Internationa

GlobeNewswire 11 months ago

ORBT
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Performance Overview

Return	ORBT	S&P 500
YTD	+23.28%	+6.33%
1-Year	-17.49%	+22.70%
3-Year	+2.93%	+21.33%

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Orbit International Corp. (ORBT)

Orbit International Corp. Reports 2023 Year End Results

Orbit International Reports Consolidated Bookings for the First Quarter 2024 of Approximately $12,700,000

Company Announces Cash Dividend of $0.01 Per Common Share for the First Quarter of 2024

Orbit International Electronics Group Reports Bookings for February 2024 in Excess of $2,000,000

Orbit International Corp. Reports 2022 Year End Results; Commences Process Toward Reinstatement Onto OTC Pink Market

Orbit International Electronics Group Reports Bookings for January 2024 in Excess of $1,500,000

Orbit International Reports Consolidated Bookings for November 2023 in Excess of $3,100,000

Company Announces Cash Dividend of $0.01 Per Common Share for the Fourth Quarter of 2023

Orbit International Reports Consolidated Bookings for October 2023 in Excess of $3,650,000

Company Announces Cash Dividend of $0.01 Per Common Share for the Third Quarter of 2023

Orbit International Reports Consolidated Bookings for August 2023 in Excess of $4,000,000

Orbit International’s Simulator Product Solutions Subsidiary Reports July Bookings of Approximately $1,250,000

Orbit International’s Simulator Product Solutions Subsidiary Reports June Bookings in Excess of $3,000,000

Orbit International Corp. Electronics Group Receives New Contract Valued in Excess of $2,500,000

Company Announces Cash Dividend of $0.01 Per Common Share for the Second Quarter of 2023

Virgin Orbit to be sold for parts – at one per cent of its former $3.7bn valuation

Virgin Orbit auctions $36 million in remaining assets as company folds

Orbit International Corp. Announces Further Delay in Filing Its 2022 Annual Report

Orbit International Corp. Electronics Group Reports Bookings of Approximately $1,740,000 in April 2023

Performance Overview