Orbit International Corp. Reports 2022 Year End Results; Commences Process Toward Reinstatement Onto OTC Pink Market
ORBIT INTL CORP (ORBT)
US:NASDAQ Investor Relations:
orbitintl.com/intl/investors
Company Research
Source: GlobeNewswire
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 Adjusted was $1,881,000 ($0.54 per diluted share) Fourth Quarter 2022 Net Income of $730,000 ($0.22 per diluted share) v. Net Income of $204,000 ($0.06 per diluted share) in Prior Year Period Fourth Quarter 2022 EBITDA, As Adjusted, was $475,000 ($0.14 per diluted share) v. $244,000 ($0.07 per diluted share) in Prior Year Period Backlog at December 31, 2022 was $19.4 million compared to $17.8 million at December 31, 2021 (inclusive of the backlog of SPS) HAUPPAUGE, N.Y., March 13, 2024 (
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News
- Orbit International Corp. Reports 2023 Year End Results [Yahoo! Finance]Yahoo! Finance
- Orbit International Corp. Reports 2023 Year End ResultsGlobeNewswire
- Orbit International Reports Consolidated Bookings for the First Quarter 2024 of Approximately $12,700,000 [Yahoo! Finance]Yahoo! Finance
- Orbit International Reports Consolidated Bookings for the First Quarter 2024 of Approximately $12,700,000GlobeNewswire
- Company Announces Cash Dividend of $0.01 Per Common Share for the First Quarter of 2024GlobeNewswire