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Stock impact report

Orbit International Corp. Reports 2023 Year End Results

ORBIT INTL CORP (ORBT) 
US:NASDAQ Investor Relations: orbitintl.com/intl/investors
Company Research Source: GlobeNewswire
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 diluted share) in Prior Year Period. Backlog at December 31, 2023 was $17.4 million compared to $19.4 million at December 31, 2022. HAUPPAUGE, N.Y., April 17, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT) today announced results for the fourth quarter and the year ended December 31, 2023. Fourth Quarter Show less Read more
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