ORBT - Orbit International Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
5.60
-0.06 (-0.97%)
At close: 3:08PM EDT
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Previous Close5.66
Open5.61
Bid0.00 x 0
Ask0.00 x 0
Day's Range5.55 - 5.61
52 Week Range5.20 - 6.24
Volume5,901
Avg. Volume1,046
Market Cap22.044M
Beta (3Y Monthly)0.09
PE Ratio (TTM)10.75
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.04 (0.66%)
Ex-Dividend Date2019-06-27
1y Target EstN/A
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All
News
Press Releases
  • GlobeNewswire

    Orbit International Corp. Reports 2019 Second Quarter Results

    Second Qtr. 2019 Net Income of $584,000 ($0.16 per diluted share) v. $744,000 ($0.21 per diluted share) in Prior Year Period Six Months 2019 Net Income of $654,000 ($0.18 per.

  • GlobeNewswire

    Orbit International’s Electronics Group Receives New Contract in Excess of $950,000

    Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that its Electronics Group (OEG) received a follow-on award for a switch panel totaling in excess of $950,000.  Deliveries are expected to commence in the fourth quarter of 2019 and be completed by the second quarter of 2020. Mitchell Binder, President and CEO of Orbit International commented, “This order will add to a strong booking quarter highlighted by our previously announced order received by our Power Group (OPG) in April 2019 for approximately $4,100,000 for production of Common Aircraft Armament Test Sets (CAATS). Orbit International Corp., through its Electronics Group, is involved in the development and manufacture of custom electronic device and subsystem solutions for military and nonmilitary government applications through its production facility in Hauppauge, New York.  Orbit’s Power Group, also located in Hauppauge, NY, designs and manufactures a wide array of power products including AC power supplies, frequency converters, inverters, uninterruptible power supplies, VME/VPX power supplies as well as various COTS power sources.  The Company also has a sales office in Bradenton, FL.

  • GlobeNewswire

    Orbit International Corp. Reports 2019 First Quarter Results

    First Qtr. 2019 Net Income of $70,000 ($0.02 per diluted share) v. $421,000 ($0.12 per diluted share) in Prior Period Board Authorizes New $600,000 Repurchase Plan of.

  • GlobeNewswire

    Orbit International’s Power Group Announces Receipt of Follow-On Purchase Order for Approximately $4,100,000 for Production of Common Aircraft Armament Test Sets

    Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that its Power Group (OPG), through its Behlman Electronics, Inc. subsidiary, has been awarded an approximately $4,100,000 follow-on purchase order for the production and delivery of 31 Common Aircraft Armament Test Sets (CAATS) for the U.S. Navy. Deliveries under this purchase order are expected to commence in the first quarter of 2020 and continue through the second quarter of 2020. This follow-on award is the third production order received under a $21,709,300 fixed price indefinite delivery/indefinite quantity (IDIQ) contract received by the Company in September 2017.  If the remainder of the orders against the IDIQ are received, deliveries are expected to be completed in the second half of 2020.

  • GlobeNewswire

    Orbit International Reports Consolidated Bookings in Excess of $2,650,000 for Month of March 2019

    Bookings for the month of March were highlighted by several awards received by the OEG for its Remote Control Units (RCU) used on an IFF (Identification Friend or Foe) program including a previously announced award received during the month approximating $1,150,000.  In addition, the OEG received other awards for switch panels, bezels and other components.  The Company’s OPG also had a firm booking month highlighted by several pre-production awards for its VPX products.  Other orders received during the month were for COTS and commercial power supplies.  Deliveries for the awards received during March are expected to commence in the second quarter of 2019 and continue through the fourth quarter of 2019.

  • GlobeNewswire

    Orbit International’s Electronics Group Receives Order for Its Remote Control Units Totaling in Excess of $1,150,000

    Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that its Electronics Group (OEG) received an award for its Remote Control Units (RCU) totaling in excess of $1,150,000.  The RCU is used on an IFF (Identification Friend or Foe) program. Binder added, “Our Power Group is in negotiations with the U.S. Navy for an additional award of Common Armament Test Set Units (CAATS) units whose value is estimated to exceed $3,000,000.

  • GlobeNewswire

    Orbit International Corp. Reports 2018 Year End Results

    2018 Net Income of $2,225,000 ($0.62 per diluted share) v. $1,797,000 ($0.47 per diluted share) in Prior Year Fourth Qtr. 2018 Net Income of $472,000 ($0.13 per diluted share).

  • GlobeNewswire

    Orbit International’s Electronics Group Reports Bookings in Excess of $1,450,000 for Month of December 2018

    Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that bookings for its Electronics Group (“OEG”) exceeded $1,450,000 for the month of December 2018. Bookings for the month of December were highlighted by an approximately $730,000 order received by the OEG for a switch panel and an approximately $290,000 display, both used on military aviation programs.

  • GlobeNewswire

    Orbit International’s Electronics Group Reports Consolidated Bookings in Excess of $2,000,000 for Month of November 2018

    Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that consolidated bookings for its Electronics Group (“OEG”) and Power Group (‘OPG) exceeded $2,000,000 for the month of November 2018. Bookings for the month of November were highlighted by an approximately $610,000 order received by the OEG for a display used on a major military aviation program.  In addition, the OEG received additional awards for a control panel and a keyboard, one of which represents a new opportunity from a new customer, on a well-established aviation program with projected follow-on opportunities over the next several years.  In addition, the Company’s OPG received a second award for approximately $220,000 for oil and gas exploration.  Other orders received during the month were for COTS and commercial power supplies.  Deliveries for the awards received during November are expected to commence in the first quarter of 2019 and continue through the fourth quarter of 2019.

  • GlobeNewswire

    Orbit International Corp. Announces Cash Dividend of $0.01 Per Common Share for the Fourth Quarter of 2018

    HAUPPAUGE, N.Y., Dec. 04, 2018 -- Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, announced today that its Board of.

  • GlobeNewswire

    Orbit International Corp. Reports 2018 Third Quarter Results

    Third Qtr. 2018 Net Income of $588,000 ($0.16 per diluted share) v. $699,000 ($0.19 per diluted share) in Prior Year Period Nine Months 2018 Net Income of $1,753,000 ($0.49 per.

  • GlobeNewswire

    Orbit International’s Electronics Group Reports Bookings in Excess of $1,200,000 for Month of October 2018

    Mitchell Binder, President and CEO of Orbit International, commented, “Aside from the firm month of bookings, our OEG is expecting several follow-on awards from its prime contractors which should be received in the fourth quarter, although the timing of the actual awards is an uncertainty. Binder continued, “In addition to the bookings from our OEG, our Power Group (“OPG”) continues to receive pre-production orders utilizing its VPX technology and bids for new VPX opportunities are accelerating.