ORBCOMM Announces Fourth Quarter and Full Year 2018 Results
ORBCOMM Inc. (ORBC)
Last orbcomm inc. earnings: 4/30 07:00 am
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US:NASDAQ Investor Relations:
investors.orbcomm.com/investor-overview
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Source: GlobeNewswire
– Q4 2018 Total Revenues of $66.3 Million; $276 Million Full Year, Up 8.6% –– Q4 2018 Recurring Service Revenues of $37.4 Million; $148 Million Full Year, Up 17.2% –– 2018 Year-Over-Year Improvement in Net Loss of 57% and Adjusted EBITDA Growth of 27% –– Added 348,000 Net Subscribers in 2018, Up 17.2% Over 2017 –– Company Provides 2019 Outlook – ROCHELLE PARK, N.J., Feb. 27, 2019 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced financial results for the fourth quarter and full year ended December 31, 2018. The following financial highlights are in thousands of dollars and unaudited. Three Months Ended Twelve Months Ended December 31, December 31, 2018 2017 2018 2017Recurring Service Revenues$37,357 $35,537 $148,367 $
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