ORBC - ORBCOMM Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
4.0000
+0.0700 (+1.78%)
At close: 4:00PM EST
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Previous Close3.9300
Open3.9300
Bid0.0000 x 4000
Ask0.0000 x 1400
Day's Range3.9100 - 4.1300
52 Week Range3.5800 - 9.9300
Volume761,723
Avg. Volume826,329
Market Cap313.145M
Beta (3Y Monthly)1.01
PE Ratio (TTM)N/A
EPS (TTM)-0.2720
Earnings DateOct 30, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est7.75
  • GlobeNewswire

    ORBCOMM CFO to Present at the Credit Suisse 23rd Annual Technology Conference

    ROCHELLE PARK, N.J., Nov. 20, 2019 -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that.

  • Thomson Reuters StreetEvents

    Edited Transcript of ORBC earnings conference call or presentation 30-Oct-19 12:30pm GMT

    Q3 2019 ORBCOMM Inc Earnings Call

  • Were Hedge Funds Right About Souring On ORBCOMM Inc (ORBC)?
    Insider Monkey

    Were Hedge Funds Right About Souring On ORBCOMM Inc (ORBC)?

    Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]

  • GlobeNewswire

    ORBCOMM Supports Industry Transition to Controlled Atmosphere Containers for Refrigerated Cargo Transport

    ORBCOMM Inc. (ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced the latest release of its ReeferConnect and VesselConnect platforms, which have been extended to manage the intermodal industry’s new, energy-efficient Controlled Atmosphere containers. ORBCOMM is introducing this new application feature set at Intermodal Europe, the world-leading exhibition and conference spanning all areas of container transport and logistics across road, rail and sea, in Hamburg, Germany from November 5-7, 2019.

  • Benzinga

    Orbcomm Sells Off On Quarterly Report As It Pushes Subscription Service

    Orbcomm, Inc. (NASDAQ: ORBC), a provider of machine-to-machine and Internet of Things (IoT) solutions, reported a $4 million loss in the third quarter of 2019. The telematics and asset monitoring/tracking provider reported total revenue of $69.2 million, 2.6% lower year-over-year. The larger than expected downturn in the transportation market and prior year comparisons that included new product deployments were the reasons for the decline.

  • Orbcomm (ORBC) Reports Q3 Loss, Lags Revenue Estimates
    Zacks

    Orbcomm (ORBC) Reports Q3 Loss, Lags Revenue Estimates

    Orbcomm (ORBC) delivered earnings and revenue surprises of 0.00% and -1.77%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    ORBCOMM Announces Third Quarter 2019 Results

    - GAAP Product Gross Margin Increases 690 Basis Points Over Prior Year – - GAAP Service Gross Margin 58.6%, Non-GAAP Service Gross Margin Record 69%  – - Cash Flow from.

  • GlobeNewswire

    Vishipel Selects ORBCOMM’s Vessel Monitoring System for Commercial Fishing Market in Vietnam

    ORBCOMM Inc. (ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has been selected by Vishipel, a leading provider of telecommunications services and maritime equipment, to provide its Vessel Monitoring System (VMS) for commercial fishing vessels throughout Vietnam. ORBCOMM’s VMS delivers complete visibility and control of fishing vessels and maintains vital communications links with home ports utilizing ORBCOMM’s satellite service offering.

  • Earnings Preview: Orbcomm (ORBC) Q3 Earnings Expected to Decline
    Zacks

    Earnings Preview: Orbcomm (ORBC) Q3 Earnings Expected to Decline

    Orbcomm (ORBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswire

    German-Based Autobus Oberbayern Selects ORBCOMM’s In-Cab Solution for Bus Fleet

    ORBCOMM Inc. (ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has been selected by Autobus Oberbayern GmbH, one of the largest bus and coach operators in Germany, to equip its entire coach fleet with ORBCOMM’s in-cab telematics solution. ORBCOMM’s solution provides wireless connectivity through its industry-leading hardware and integrated Cloud-based analytics platform for optimal fleet management.

  • GlobeNewswire

    Queen Transportation Selects ORBCOMM’s In-Cab Solution to Improve Fleet Operations, Safety and Compliance

    ORBCOMM Inc. (ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has been selected by Queen Transportation, LLC, an asset-based truckload carrier and logistics provider headquartered in Hickory, NC, to provide its in-cab solution across their entire fleet of trucks. ORBCOMM’s advanced solution provides wireless connectivity through its industry-leading hardware and integrated Cloud-based analytics platform and information management engine for optimal fleet management. Queen Transportation is using ORBCOMM’s in-cab solution to enhance operational efficiency through increased visibility and auditing, along with more automated management of their drivers and trucks.

  • GlobeNewswire

    ORBCOMM to Host Third Quarter 2019 Results Conference Call

    ROCHELLE PARK, N.J., Oct. 15, 2019 -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that.

  • Globenewswire Test

    Pottle's Transportation Selects ORBCOMM for Fleet-Wide Trailer Monitoring Solution

    Enables Pottle’s to increase asset utilization, improve turn times and provide the highest level of quality service and customer satisfactionROCHELLE PARK, N.J., Oct. 04, 2019 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has been selected by Pottle’s Transportation, LLC (Pottle’s), a nationally recognized carrier based in Bangor, ME, to provide its latest trailer monitoring solution for their dry van fleet. ORBCOMM’s end-to-end telematics solution provides wireless connectivity through its industry-leading hardware and integrated Cloud-based analytics platform for efficient fleet management.Pottle’s is using ORBCOMM’s advanced trailer monitoring solution, which features a high-sensitivity solar panel and built-in cargo sensor, along with its robust platform to manage its dry van trailers, gaining complete visibility and control over their entire fleet. ORBCOMM’s solution enables Pottle’s to access live and scheduled status updates whether their trailers are in transit or in the yard, so they always know where their trailers are located and if they are empty or loaded, improving turn times and yard management while saving their drivers time and fuel. ORBCOMM’s trailer telematics solution also provides Pottle’s with the unique ability to see precise data to schedule trailer maintenance, inspections and time elapsed for increased asset utilization and performance. The ORBCOMM devices can be installed externally on trailers in about 10 minutes, even when the asset is loaded, making Pottle’s deployments quick and efficient with minimal disruption to their operations.In addition, Pottle’s will utilize ORBCOMM’s trailer telematics data with their McLeod Transportation Management Software (TMS) for a centralized view with actionable insight, enhancing productivity throughout their entire organization.“We are pleased to be selected by an industry leader such as Pottle’s Transportation to launch their fleet-wide trailer monitoring program, which leverages ORBCOMM’s advanced functionality, value-added services and deep expertise in transportation,” said Marc Eisenberg, Chief Executive Officer of ORBCOMM Inc. “ORBCOMM’s ability to provide best-in-class telematics solutions for multiple transport asset classes through one integrated platform offers Pottle’s a strong, long-lasting ROI and supports their plans for future growth and expansion into new markets.”“Trailer tracking is an essential tool for enhancing visibility, improving utilization and lowering costs, and ORBCOMM offers a solution that gives us all of those benefits through accurate locations and cargo sensing data,” said Chelsea Pottle Demmons, Vice President of Pottle’s Transportation. “One of our main goals is to reduce the amount of time spent sending drivers into locations looking for empty trailers. We searched the market for a trailer monitoring system that meets all of our needs reliably and cost effectively, and we found it with ORBCOMM.”For more information about ORBCOMM’s trailer monitoring solutions, please click here or visit ORBCOMM in Booth 3003 at the ATA Management Conference & Exhibition at the San Diego Convention Center in San Diego, CA, from October 5-9, 2019.About ORBCOMM Inc. ORBCOMM (Nasdaq: ORBC) is a global leader and innovator in the industrial Internet of Things, providing solutions that connect businesses to their assets to deliver increased visibility and operational efficiency. The company offers a broad set of asset monitoring and control solutions, including seamless satellite and cellular connectivity, unique hardware and powerful applications, all backed by end-to-end customer support, from installation to deployment to customer care. ORBCOMM has a diverse customer base including premier OEMs, solutions customers and channel partners spanning transportation, supply chain, warehousing and inventory, heavy equipment, maritime, natural resources, and government. For more information, visit www.orbcomm.com.About Pottle’s Transportation LLC Since 1962 Pottle’s Transportation LLC has grown into a nationally recognized carrier, growing from 11 trucks to 160-plus trucks with 575 trailers. Pottle’s is a family-operated business and believes in recruiting and maintaining the best truck drivers in the industry. Barry Pottle, CEO of  Pottle’s Transportation, is currently serving as Chairman of the American Trucking Association (ATA). For more information, visit www.pottlestrans.com.Forward-Looking Statements Certain statements discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to our plans, objectives and expectations for future events and include statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Such forward-looking statements, including those concerning the Company’s expectations, are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from the results, projected, expected or implied by the forward-looking statements, some of which are beyond the Company’s control, that may cause the Company’s actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. In addition, specific consideration should be given to various factors described in Part I, Item 1A. “Risk Factors” and Part II, Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and elsewhere in our Annual Report on Form 10-K, and other documents, on file with the Securities and Exchange Commission. The Company undertakes no obligation to publicly revise any forward-looking statements or cautionary factors, except as required by law.Contacts For Trade Media:                                                                    Sue Rutherford, VP of Marketing                                           ORBCOMM Inc.                                                                    +1 613.254.5269                                                                            rutherford.sue@orbcomm.com                                               For Trade Media: Susan Fall, President LaunchIt PR 1 619.890.9415  susan@launchitpr.com For Investors:                                                                         Aly Bonilla, VP of Investor Relations ORBCOMM Inc.                                +1 703.433.6360                                                                     bonilla.aly@orbcomm.com

  • GlobeNewswire

    Pottle's Transportation Selects ORBCOMM for Fleet-Wide Trailer Monitoring Solution

    ORBCOMM Inc. (ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has been selected by Pottle’s Transportation, LLC (Pottle’s), a nationally recognized carrier based in Bangor, ME, to provide its latest trailer monitoring solution for their dry van fleet. ORBCOMM’s end-to-end telematics solution provides wireless connectivity through its industry-leading hardware and integrated Cloud-based analytics platform for efficient fleet management. Pottle’s is using ORBCOMM’s advanced trailer monitoring solution, which features a high-sensitivity solar panel and built-in cargo sensor, along with its robust platform to manage its dry van trailers, gaining complete visibility and control over their entire fleet.

  • What Kind Of Shareholders Own ORBCOMM Inc. (NASDAQ:ORBC)?
    Simply Wall St.

    What Kind Of Shareholders Own ORBCOMM Inc. (NASDAQ:ORBC)?

    If you want to know who really controls ORBCOMM Inc. (NASDAQ:ORBC), then you'll have to look at the makeup of its...

  • GuruFocus.com

    Orbcomm Inc (ORBC) EVP, CFO and CAO Constantine Milcos Bought $78,750 of Shares

    EVP, CFO and CAO of Orbcomm Inc (30-Year Financial, Insider Trades) Constantine Milcos (insider trades) bought 15,000 shares of ORBC on 09/11/2019 at an average price of $5.25 a share. Continue reading...

  • GlobeNewswire

    Alan Ritchey Selects ORBCOMM’s In-Cab and Trailer Monitoring Solutions for Fleet Management

    ORBCOMM Inc. (ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has been selected by Alan Ritchey, Inc. (ARI), a leading provider of transportation solutions based in Valley View, TX, to provide its in-cab solution for their trucks and its trailer monitoring solution for their dry van fleet, which transports mail for the U.S. Postal Service. ORBCOMM’s end-to-end solutions provide wireless connectivity through its industry-leading hardware and integrated Cloud-based analytics platform for optimal fleet management. ARI is using ORBCOMM’s driver-friendly in-cab telematics solution to gain complete visibility, monitoring and management of their drivers and trucks.

  • Thomson Reuters StreetEvents

    Edited Transcript of ORBC earnings conference call or presentation 31-Jul-19 12:30pm GMT

    Q2 2019 ORBCOMM Inc Earnings Call

  • PR Newswire

    SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating ORBCOMM Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

    NEW YORK , Aug. 27, 2019 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty ...

  • GlobeNewswire

    Texas Freight Selects ORBCOMM’s In-Cab Solution for Fleet-Wide Management and Compliance

    ROCHELLE PARK, N.J., Aug. 26, 2019 -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it.

  • Would ORBCOMM (NASDAQ:ORBC) Might Be Better Off With Less Debt
    Simply Wall St.

    Would ORBCOMM (NASDAQ:ORBC) Might Be Better Off With Less Debt

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

  • GlobeNewswire

    ORBCOMM Announces Stock Repurchase Program of Up to $25 Million

    ORBCOMM Inc. (ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that its Board of Directors has authorized a stock repurchase program, under which ORBCOMM may repurchase up to $25 million of its outstanding common stock. The stock repurchase program has a duration of one year. Repurchases under the stock repurchase program will be funded from ORBCOMM’s existing cash and cash equivalents.

  • ORBCOMM (ORBC) Q2 2019 Earnings Call Transcript
    Motley Fool

    ORBCOMM (ORBC) Q2 2019 Earnings Call Transcript

    ORBC earnings call for the period ending June 30, 2019.

  • Here's Why ORBCOMM Stock Fell 23% on Wednesday
    Motley Fool

    Here's Why ORBCOMM Stock Fell 23% on Wednesday

    Short-selling could have made so-so results seem much worse.

  • Orbcomm (ORBC) Reports Q2 Loss, Tops Revenue Estimates
    Zacks

    Orbcomm (ORBC) Reports Q2 Loss, Tops Revenue Estimates

    Orbcomm (ORBC) delivered earnings and revenue surprises of 0.00% and 0.31%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?