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Stock impact report

Orbit International Reports Consolidated Bookings for the First Quarter 2024 of Approximately $12,700,000 [Yahoo! Finance]

ORBIT INTL CORP (ORBT) 
US:NASDAQ Investor Relations: orbitintl.com/intl/investors
Company Research Source: Yahoo! Finance
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 (“OEG”), which include its Simulator Products Solutions LLC (“SPS”) subsidiary, and its Power Group (“OPG”). Bookings for the OEG, exclusive of SPS, were in excess of $4,500,000 for the first quarter and were highlighted by two previously announced awards totaling approximately $3,150,000 from major defense contractors for units used on major military aircraft programs for the U.S. Navy. Bookings for the OPG include a significant order for its VPX power supplies as well as a large order for a commercial power supply used on a military program. The combined orders totaled approximately $2,300,000. Orders for SPS for the first quarter include sever Show less Read more
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