Last $6.55 USD
Change Today -0.12 / -1.80%
Volume 132.9K
ORBC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

orbcomm inc (ORBC) Snapshot

Open
$6.64
Previous Close
$6.67
Day High
$6.80
Day Low
$6.49
52 Week High
01/28/14 - $8.21
52 Week Low
05/13/13 - $3.40
Market Cap
361.4M
Average Volume 10 Days
181.6K
EPS TTM
$0.11
Shares Outstanding
55.2M
EX-Date
--
P/E TM
60.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for ORBCOMM INC (ORBC)

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orbcomm inc (ORBC) Details

ORBCOMM Inc., a wireless data communications company, provides machine-to-machine communication solutions primarily in the United States, Japan, and the Middle East. It offers solutions, including network connectivity, devices, and Web reporting applications that enable businesses and government agencies to track, monitor, and control and communicate with fixed mobile assets. The company operates a two-way wireless data messaging system for narrowband data communication, as well as provides technology to monitor, manage, and remotely control refrigerated transportation and other mobile assets. It also provides Automatic Identification System (AIS) data services for vessel tracking and to improve maritime safety to government and commercial customers. It offers these services using various network platforms, including its own constellation of 25 low-Earth orbit satellites, two AIS microsatellites, and accompanying ground infrastructure. In addition, the company provides complementary satellite services through reseller agreements with mobile satellite providers, as well as offers terrestrial-based cellular communication services. ORBCOMM Inc. markets and sells its products and services directly to original equipment manufacturers, government customers, and end-users, as well as indirectly through value-added resellers, international value-added resellers, international licensees, and country representatives. It has a strategic alliance with Inmarsat plc. The company was founded in 2001 and is headquartered in Rochelle Park, New Jersey.

186 Employees
Last Reported Date: 03/17/14
Founded in 2001

orbcomm inc (ORBC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $467.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $322.8K
Executive Vice President of Technology & Oper...
Total Annual Compensation: $245.7K
Executive Vice President, General Counsel and...
Total Annual Compensation: $224.4K
Executive Vice President of Sales and Marketi...
Total Annual Compensation: $245.0K
Compensation as of Fiscal Year 2013.

orbcomm inc (ORBC) Key Developments

ORBCOMM Inc. Moves its Innovation and Network Control Center to New Location in Northern Virginia

ORBCOMM Inc. announced that it has relocated its Innovation and Network Control Center to a newly renovated facility just minutes from its current location in Dulles, VA, on April 14, 2014.

ORBCOMM Seeks Acquisitions

ORBCOMM, Inc. (NasdaqGS:ORBC) seeks acquisitions. ORBCOMM, Inc. has filed a Shelf Registration in the amount of $100 million. ORBCOMM will use the proceeds for general corporate purposes, which may include, among other things, future acquisitions as part of our strategy to pursue grown opportunities, debt repayment, stock repurchases, working capital and/or capital expenditures.

ORBCOMM, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013; Provides Capex Guidance for 2014

ORBCOMM, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total revenues of $19,240,000 against $16,206,000 a year ago. Income from operations was $1,533,000 against $2,417,000 a year ago. Income before income taxes was $1,523,000 against $2,453,000 a year ago. Net income attributable to the company was $819,000 or $0.02 per diluted share against $2,127,000 or $0.04 per diluted share a year ago. EBITDA was $3,300,000 against $3,773,000 a year ago. Adjusted EBITDA was $4,391,000 against $4,167,000 a year ago. For the full year, the company reported total revenues of $74,212,000 against $64,498,000 a year ago. Income from operations was $5,701,000 against $9,098,000 a year ago. Income before income taxes was $6,054,000 against $10,293,000 a year ago. Net income attributable to the company was $4,599,000 or $0.09 per diluted share unit against $8,742,000 or $0.18 per diluted share a year ago. Net cash provided by operating activities was $8,754,000 against $13,945,000 a year ago. Capital expenditures were $37,296,000 against $36,570,000 a year ago. EBITDA was $11,915,000 against $14,919,000 a year ago. Adjusted EBITDA was $15,048,000 against $16,674,000 a year ago. Income before income taxes was lower than prior year largely due to higher costs, including acquisition-related costs. Adjusted EBITDA was slightly lower due to a acquisition related cost, integration costs and cost to develop customized solutions for significant customer opportunities such as Doosan and Hub. For 2014, the company expects capex to be around $77 million.

 

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ORBC Competitors

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Company Last Change
Globalstar Inc $2.56 USD +0.02
Inmarsat PLC 736.00 GBp +0.50
Iridium Communications Inc $7.09 USD -0.02
Pointer Telocation Ltd $7.22 USD -0.08
QUALCOMM Inc $81.32 USD +1.14
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Industry Analysis

ORBC

Industry Average

Valuation ORBC Industry Range
Price/Earnings 70.4x
Price/Sales 4.2x
Price/Book 1.6x
Price/Cash Flow 78.6x
TEV/Sales 3.3x
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