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ORBCOMM Inc (ORBC.OQ)

ORBC.OQ on NASDAQ Stock Exchange Global Select Market

10.07USD
26 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Orbcomm Q2 loss per share $0.06
Thursday, 4 Aug 2016 07:00am EDT 

Orbcomm Inc : Sees FY 2016 revenue about $200 million . Q2 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S . Orbcomm announces second quarter 2016 results . Q2 revenue $50.1 million versus i/b/e/s view $49 million . Q2 loss per share $0.06 .Fy 2016 co is re-affirming its outlook of approximately $200 million in total revenue and adjusted EBITDA at about 25% margins to total revenues.  Full Article

ORBCOMM Inc to acquire WAM Technologies
Tuesday, 6 Oct 2015 08:32am EDT 

ORBCOMM Inc:To acquire wam technologies.Entered into agreement to acquire substantially all the assets of WAM Technologies LLC an affiliate of mark-it services, inc.  Full Article

ORBCOMM and TMW Complete Integration with TMWSuite
Monday, 14 Sep 2015 08:00am EDT 

ORBCOMM Inc:Announces the integration of ORBCOMM's fleet tracking and monitoring system with TMWSuite((reg))software.Says ORBCOMM's advanced platform integrates closely with TMWSuite to provide trucking companies across North America with the ability to capture near real-time trailer data for both refrigerated and dry transport assets through one comprehensive system.  Full Article

ORBCOMM announces changes in registrant’s certifying accountant - Form 8-K
Monday, 15 Jun 2015 08:57am EDT 

ORBCOMM Inc:Says appointment of Grant Thornton LLP as the company’s independent registered public accounting firm for the fiscal year ending Dec. 31, effective June 10, upon completion of Grant Thornton’s standard client acceptance procedures.Says dismissal of KPMG LLP as the company’s independent registered public accounting firm effective upon the appointment of Grant Thornton.  Full Article

ORBCOMM Inc reaffirming FY 2015 guidance - Conference Call
Thursday, 7 May 2015 10:30am EDT 

ORBCOMM Inc:Expects FY 2015 revenues of $174 mln to $194 mln.Expects FY 2015 adjusted EBITDA of $40 mln to 45 mln.FY 2015 revenue of $181.72 mln, EBITDA of $41.15 mln - Thomson Reuters I/B/E/S.  Full Article

LBX Selects Orbcomm Inc for Global Heavy Equipment Telematics
Wednesday, 6 May 2015 01:53pm EDT 

Orbcomm Inc:Says LBX Company, the maker of Link-Belt hydraulic excavators, has selected ORBCOMM to provide satellite data communications for its global Original Equipment Manufacturer (OEM) telematics application.  Full Article

Orbcomm Inc increases FY 2015 revenue guidance; maintains FY 2015 EBITDA guidance - Conference Call
Thursday, 12 Mar 2015 10:30am EDT 

Orbcomm Inc:Increases FY 2015 revenue guidance to include InSync and are projecting total revenues of $174 million to $194 million.Maintains FY 2015 adjusted EBITDA guidance in the $40 million to $45 million range.FY 2015 revenue of $178 million and EBITDA of $41 million - Thomson Reuters I/B/E/S.  Full Article

ORBCOMM and Komatsu sign renewed services agreement
Thursday, 26 Feb 2015 10:08am EST 

ORBCOMM:Signs a multi-year services agreement with Komatsu to continue providing wireless data services for their heavy equipment telematics applications.Renewed agreement will build upon Komatsu's long-time success with its KOMTRAX and VHMS on-board machine monitoring and communications systems, which utilize ORBCOMM's global satellite network.  Full Article

ORBCOMM Inc acquires InSync Software
Tuesday, 20 Jan 2015 08:30am EST 

ORBCOMM Inc:Completes the acquisition of InSync Software, Inc. (InSync), a provider of Internet of Things (IoT) enterprise solutions across a broad spectrum of vertical markets, applications and customers.Transaction closed on Jan. 16.  Full Article

ORBCOMM completes acquisition of SkyWave
Monday, 5 Jan 2015 08:30am EST 

ORBCOMM Inc:Completed the acquisition of SkyWave Mobile Communications (SkyWave), the largest M2M service provider on the Inmarsat global L-band satellite network, on Jan. 1.Based in Ottawa, Canada, SkyWave adds more than 250,000 subscribers, 400 channel partners, annualized revenues of over $60 mln and Adjusted EBITDA of over $12 mln.  Full Article

BRIEF-Orbcomm Q2 loss per share $0.06

* Q2 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S