ORBCOMM Inc. (NASDAQ:ORBC) Files An 8-K Results of Operations and Financial Condition
Item 2.02.
ORBCOMM Inc. (NASDAQ:ORBC) Files An 8-K Results of Operations and Financial Condition
ORBCOMM Inc. Exhibit
EX-99 2 orbc-ex99_6.htm EX-99 orbc-ex99_6.htm Exhibit 99 ORBCOMM ANNOUNCES SECOND QUARTER 2019 RESULTS – Year-Over-Year Improvement in Net Loss of 11%; Adjusted EBITDA Growth of Nearly 9% – – Q2 2019 Cash Flow from Operations up $13 Million Versus Prior Year – – Product Gross Margin Significantly Increases Over Prior Year – Rochelle Park,…
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About ORBCOMM Inc. (NASDAQ:ORBC)
ORBCOMM Inc. is a provider of machine-to-machine (M2M) solutions, including network connectivity, devices and Web reporting applications. The Company’s M2M products and services are designed to track, monitor and manage security for a range of assets, such as trailers, trucks, rail cars, intermodal containers, generators, fluid tanks, marine vessels, diesel or electric powered generators (gensets), oil and gas wells, pipeline monitoring equipment, irrigation control systems, and utility meters, in the transportation and distribution, heavy equipment, oil and gas, maritime and government industries. It provides Automatic Identification System (AIS) data services to assist in vessel navigation and to improve maritime safety to government and commercial customers across the world. The Company provides its services using various network platforms, including its own constellation of approximately 40 low-Earth orbit (LEO) satellites and its accompanying ground infrastructure.
