ORBIT INTL CORP. ORBT overview

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...

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...

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...

HAUPPAUGE, 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 continue through the first quarter of 2026. In addition, the Company’s Power Group (“OPG”) reported that it received...

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...

HAUPPAUGE, 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. In addition, the OEG also reported that it received a more than $1.6 million order...

HAUPPAUGE, 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 CEO of Orbit International commented, “We are pleased to report that...

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...