Orbit International (OTCMKTS:ORBT) Announces Earnings Results

Orbit International (OTCMKTS:ORBTGet Free Report) announced its quarterly earnings data on Thursday. The company reported ($0.51) earnings per share (EPS) for the quarter, Zacks reports. Orbit International had a negative net margin of 19.24% and a negative return on equity of 34.08%. The business had revenue of $4.89 million during the quarter.

Orbit International Price Performance

Shares of ORBT stock traded down $0.10 during trading hours on Friday, reaching $3.18. The company had a trading volume of 7,814 shares, compared to its average volume of 26,921. Orbit International has a 1-year low of $2.42 and a 1-year high of $13.57. The firm has a market cap of $11.23 million, a price-to-earnings ratio of -2.41 and a beta of 0.56. The company has a 50 day moving average of $4.44 and a 200 day moving average of $4.99.

Orbit International Company Profile

(Get Free Report)

Orbit International (OTCMKTS:ORBT) is a designer and manufacturer of high-reliability power conversion products serving commercial, industrial and military markets. The company’s offerings include AC/DC power supplies, DC/DC converters, EMI filters and related power system components engineered to meet rigorous performance and regulatory requirements.

Orbit International specializes in custom design solutions, working with original equipment manufacturers (OEMs) in aerospace, defense, nuclear and medical sectors.

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Earnings History for Orbit International (OTCMKTS:ORBT)

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