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ORBCOMM Inc (ORBC.OQ)

ORBC.OQ on NASDAQ Stock Exchange Global Select Market

11.91USD
22 Jan 2018
Change (% chg)

$0.25 (+2.14%)
Prev Close
$11.66
Open
$11.63
Day's High
$11.94
Day's Low
$11.53
Volume
183,677
Avg. Vol
175,296
52-wk High
$11.94
52-wk Low
$7.77

Latest Key Developments (Source: Significant Developments)

Orbcomm Enters Into Senior Secured Revolving Credit Agreement
Friday, 22 Dec 2017 12:52pm EST 

Dec 22 (Reuters) - Orbcomm Inc ::ORBCOMM SAYS ON DEC 18, CO, UNITS ENTERED INTO SENIOR SECURED REVOLVING CREDIT AGREEMENT - SEC FILING.ORBCOMM INC SAYS CREDIT AGREEMENT PROVIDES FOR A REVOLVING CREDIT FACILITY OF UP TO $25 MILLION.ORBCOMM INC SAYS FACILITY MATURES ON DECEMBER 18, 2022.  Full Article

Orbcomm Inc Q3 loss per share $0.54
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - Orbcomm Inc :Orbcomm announces third quarter 2017 results.Q3 revenue $69.4 million versus I/B/E/S view $65.3 million.Q3 loss per share $0.54.Q3 earnings per share view $-0.09 -- Thomson Reuters I/B/E/S.Qtrly ‍basic share loss excluding items $0.10​.  Full Article

ORBCOMM SAYS UNIT AGREED TO BUY BLUE TREE SYSTEMS FOR $36.8 MLN
Monday, 2 Oct 2017 12:37pm EDT 

Oct 2 (Reuters) - Orbcomm Inc ::ORBCOMM INC SAYS ITS UNIT AGREED TO PURCHASE BLUE TREE SYSTEMS FOR $36.8 MILLION.  Full Article

Orbcomm Q2 loss per share $0.15
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - Orbcomm Inc :Orbcomm announces second quarter 2017 results.Q2 revenue $57 million versus i/b/e/s view $53.8 million.Q2 loss per share $0.15.Q2 earnings per share view $-0.08 -- Thomson Reuters I/B/E/S.  Full Article

Orbcomm says sold 1.6 mln shares of common stock to Inthinc Holdings
Friday, 16 Jun 2017 04:41pm EDT 

June 16 (Reuters) - Orbcomm Inc ::Orbcomm Inc - issued and sold to Inthinc Holdings, Llc,1.6 million shares of co's common at a purchase price of $9.66 per share - sec filing.  Full Article

ORBCOMM Q1 LOSS PER SHARE $0.05
Thursday, 4 May 2017 07:00am EDT 

May 4 (Reuters) - Orbcomm Inc :ORBCOMM ANNOUNCES FIRST QUARTER 2017 RESULTS.Q1 REVENUE $51.9 MILLION VERSUS I/B/E/S VIEW $48.6 MILLION.Q1 LOSS PER SHARE $0.05.Q1 EARNINGS PER SHARE VIEW $-0.04 -- THOMSON REUTERS I/B/E/S.  Full Article

Orbcomm announces pricing of offering of $250,000,000 senior secured notes due 2024
Friday, 31 Mar 2017 05:54pm EDT 

Orbcomm Inc : Orbcomm announces pricing of offering of $250,000,000 senior secured notes due 2024 .Orbcomm Inc says has priced $250 million aggregate principal amount of 8.0% senior secured notes due 2024.  Full Article

Orbcomm to commence offering of $250 mln senior secured notes
Thursday, 30 Mar 2017 09:12am EDT 

Orbcomm Inc : Orbcomm to commence offering of $250,000,000 senior secured notes . Orbcomm Inc - commenced an offering of $250 million aggregate principal amount of senior secured notes due 2024 .Orbcomm-Net proceeds from sale of notes are intended to be used to repay $150 million outstanding loans under Orbcomm's $160 million secured credit facilities.  Full Article

ORBCOMM'S PARTNER MAEROSPACE AWARDED MULTI-YEAR CONTRACT FOR CANADIAN GOVERNMENT
Tuesday, 28 Feb 2017 12:19pm EST 

Orbcomm Inc : ORBCOMM'S PARTNER MAEROSPACE AWARDED MULTI-YEAR CONTRACT FOR CANADIAN GOVERNMENT . CO'S CANADIAN PARTNER MAEROSPACE HAS WON A MULTI-YEAR CONTRACT WITH GOVERNMENT OF CANADA .ORBCOMM - COS' CANADIAN UNIT TO GIVE SATELLITE AUTOMATIC IDENTIFICATION SYSTEM DATA TO CANADA'S GOVERNMENT FOR MONITORING CANADIAN, GLOBAL MARITIME TRAFFIC.  Full Article

Orbcomm posts Q4 loss per share $0.05
Tuesday, 28 Feb 2017 07:00am EST 

Orbcomm Inc : Orbcomm announces fourth quarter and full year 2016 results . Q4 revenue $46.8 million versus I/B/E/S view $49.5 million . Q4 loss per share $0.05 .Q4 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Orbcomm Enters Into Senior Secured Revolving Credit Agreement

* ORBCOMM SAYS ON DEC 18, CO, UNITS ENTERED INTO SENIOR SECURED REVOLVING CREDIT AGREEMENT - SEC FILING