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ORBCOMM, Inc. (ORBC)

Stock Price: $11.23 USD -0.17 (-1.49%)
Updated May 10, 2021 4:00 PM EDT - Market closed
After-hours: $11.20 -0.03 (-0.27%) May 10, 6:12 PM
Market Cap 893.47M
Revenue (ttm) 245.98M
Net Income (ttm) -37.54M
Shares Out 79.07M
EPS (ttm) -0.48
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day May 10
Last Price $11.23
Previous Close $11.40
Change ($) -0.17
Change (%) -1.49%
Day's Open 11.21
Day's Range 11.11 - 11.25
Day's Volume 6,104,737
52-Week Range 2.35 - 11.55

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ORBCOMM's telematics triple play transforms business operations to deliver fleet-wide improvements in safety, efficiency and compliance ORBCOMM's telematics triple play transforms business operations to...

6 days ago - GlobeNewsWire

Orbcomm (ORBC) delivered earnings and revenue surprises of 33.33% and 2.50%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Recognizes new employee intranet site with Honorable Mention for creating exceptional internal communications initiatives that keep employees engaged and informed Recognizes new employee intranet site w...

1 week ago - GlobeNewsWire

– Total Revenues of $63.7 Million, In Line with Guidance ––  87,000 Devices Shipped Drives Product Sales Growth ––  Company Adds 50,000 Net Subscribers in Q1 Bringing Total Subscribers to 2.28 Million –

1 week ago - GlobeNewsWire

Orbcomm (ORBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

NEW YORK, April 17, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class A...

3 weeks ago - PRNewsWire

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ORBCOMM Inc. (Nasd...

3 weeks ago - Business Wire

Improves driver safety, vehicle utilization and maintenance planning across fleet of prime movers and trailers transporting goods across the east coast of Australia Improves driver safety, vehicle utili...

3 weeks ago - GlobeNewsWire

NEW YORK, April 9, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of ORBCOMM Inc. ("ORBCOMM") (NASDAQ: ORBC)...

1 month ago - PRNewsWire

Orbcomm (ORBC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

1 month ago - Zacks Investment Research

NEW YORK, April 8, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by ORBCOMM Inc. (NASDAQ: ORBC) and its board of directors concerning the proposed acquisition...

1 month ago - PRNewsWire

Merger and acquisition activity is starting to heat up again.

Other stocks mentioned: CNBKA
1 month ago - The Motley Fool

MILWAUKEE, April 8, 2021 /PRNewswire/ -- Ademi LLP is investigating ORBCOMM (NASDAQ: ORBC) for possible breaches of fiduciary duty and other violations of law in its transaction with GI Partners. Click ...

1 month ago - PRNewsWire

Orbcomm (ORBC) stock is rocketing higher on Thursday after announcing a deal that will have GI Partners acquiring the (IoT company. The post ORBC Stock: The Big Deal News That Has IoT Play Orbcomm Flyin...

1 month ago - InvestorPlace

The Industrial IoT specialist is going private in a $1.1 billion deal.

1 month ago - The Motley Fool

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of ORBCOMM Inc. (NASDAQ: ORBC) to GI Partners for $11.50 per share is fair to ORBCOMM sh...

1 month ago - Business Wire

SAN DIEGO, April 8, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of ORBCOMM Inc. ("ORBCOMM" or the "Company") (NASDAQ...

1 month ago - PRNewsWire

Data infrastructure business investor GI Partners has agreed to acquire Internet of Things (IoT) solutions provider ORBCOMM Inc (NASDAQ: ORBC) for $1.1 billion, including net debt. ORBCOMM stockholders ...

1 month ago - Benzinga

ORBCOMM (NASDAQ: ORBC), a leading provider of ELDs and other Internet of Things (IoT) technology, is being acquired by private equity company GI Partners.  The price for ORBCOMM is $11.50 per share.

1 month ago - FreightWaves

ORBCOMM Stockholders to Receive $11.50 Per Share in Cash Transaction Provides Significant Premium to ORBCOMM Stockholders ORBCOMM Stockholders to Receive $11.50 Per Share in Cash Transaction Provides Si...

1 month ago - GlobeNewsWire

Honored for exceptional innovation in providing dual-mode telematics solutions that ensure the reliability and longevity of communications around the world Honored for exceptional innovation in providin...

1 month ago - GlobeNewsWire

Find Cheap Stocks Under $10 to Buy with this Screener

Other stocks mentioned: EXTR, RBBN
1 month ago - Zacks Investment Research

ROCHELLE PARK, N.J., March 08, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that its Chief Executive Officer, Marc Eisen...

2 months ago - GlobeNewsWire

ROCHELLE PARK, N.J., March 01, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that its Chief Executive Officer, Marc Eisen...

2 months ago - GlobeNewsWire

ROCHELLE PARK, N.J., Feb. 25, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that its Chief Executive Officer, Marc Eisenb...

2 months ago - GlobeNewsWire

Orbcomm Inc. (NASDAQ: ORBC) on Wednesday reported a fourth-quarter net loss of $14.8 million, with a per-share loss of 19 cents. The 19 cents per-share loss for the fourth quarter was largely the result...

2 months ago - FreightWaves

Shares of ORBCOMM (NASDAQ:ORBC) remained unaffected after the company reported Q4 results. Quarterly Results Earnings per share were down 33.33% over the past year to ($0.04), which beat the estimate of...

2 months ago - Benzinga

Utilizes ORBCOMM's deep data insights to maximize fleet utilization, predictive maintenance and security Utilizes ORBCOMM's deep data insights to maximize fleet utilization, predictive maintenance and s...

2 months ago - GlobeNewsWire

ORBCOMM's (ORBC) fourth-quarter 2020 earnings are expected to have been impaired by a difficult macro environment.

2 months ago - Zacks Investment Research

Orbcomm (ORBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

ROCHELLE PARK, N.J., Feb. 05, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that its senior management team will host a c...

3 months ago - GlobeNewsWire

Leverages ORBCOMM's triple-play offering to gain a single, unified view of ISO tanks, road tankers and chassis for optimal fleet management Leverages ORBCOMM's triple-play offering to gain a single, uni...

3 months ago - GlobeNewsWire

Is (ORBC) Outperforming Other Computer and Technology Stocks This Year?

3 months ago - Zacks Investment Research

Procure Space ETF (UFO) jumped 5.7% on Jan 14 as Cathie Wood's ARK Investment Management filed for a space ETF.

Other stocks mentioned: ARKF, ARKG, ARKK, ARKQ, ARKW, IRDM, LORL ...
3 months ago - Zacks Investment Research

Cathie Wood launches space ETF, stocks rip higher

YouTube video

CNBC's "Closing Bell" team breaks down what investors should know about the new space exploration ETF.

Other stocks mentioned: IRDM, MAXR, SPCE
3 months ago - CNBC Television

Recognized for developing the next-gen ORBCOMM Platform and providing fleet customers with a complete view of all asset types and unparalleled processing power and bandwidth Recognized for developing th...

3 months ago - GlobeNewsWire

ORBCOMM, a major supplier of electronic logging devices and other telematics solutions, is entering 2021 with a significantly different balance sheet than it has been carrying in recent years. Last mont...

3 months ago - FreightWaves

As of late, it has definitely been a great time to be an investor in ORBCOMM (ORBC).

4 months ago - Zacks Investment Research

ROCHELLE PARK, N.J., Jan. 05, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that its Chief Financial Officer, Dean Milcos...

4 months ago - GlobeNewsWire

ORBCOMM (ORBC) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

4 months ago - Zacks Investment Research

Recognizes ORBCOMM's technology leadership and expertise in enabling IoT solutions

4 months ago - GlobeNewsWire

Supports Lloyd's List Intelligence's maritime data and analytics services to help their customers resolve problems, build strategies and make confident decisions Supports Lloyd's List Intelligence's mar...

4 months ago - GlobeNewsWire

Recognizes the leading software and technology providers in the global food distribution industry Recognizes the leading software and technology providers in the global food distribution industry

4 months ago - GlobeNewsWire

Utilizes ORBCOMM's leading IoT technology for improved tracking and secure monitoring of their refrigerated trucks and trailers Utilizes ORBCOMM's leading IoT technology for improved tracking and secure...

4 months ago - GlobeNewsWire

Provides a common, integrated structure for logistics tracking, locating and monitoring of government assets Provides a common, integrated structure for logistics tracking, locating and monitoring of go...

4 months ago - GlobeNewsWire

Industry-leading satellite-cellular IoT technology uniquely positioned to ensure visibility, security and integrity of temperature-sensitive freight throughout the cold chain Industry-leading satellite-...

5 months ago - GlobeNewsWire

Dual-mode connectivity provides expanded, reliable and cost-effective coverage for transportation solutions

5 months ago - GlobeNewsWire

ROCHELLE PARK, N.J., Dec. 02, 2020 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has ente...

5 months ago - GlobeNewsWire

Mitigates the environmental impact of farming throughout Latin America, while reducing costs and preserving water Mitigates the environmental impact of farming throughout Latin America, while reducing c...

5 months ago - GlobeNewsWire

Extends record of leadership in innovation and compliance with IoT industry standards supporting the global container supply chain Extends record of leadership in innovation and compliance with IoT indu...

5 months ago - GlobeNewsWire

About ORBC

ORBCOMM Inc. provides Internet of Things solutions in the United States, South America, Japan, Europe, and internationally. The company offers network connectivity, devices, device management, and web reporting applications that are designed to track, monitor, control, and enhance security for various assets, such as trailers, trucks, rail cars, sea containers, power generators, fluid tanks, marine vessels, diesel or electric powered generators, oil and gas wells, pipeline monitoring equipment, irrigation control systems, and utility meters in ... [Read more...]

Industry
Telecom Services
IPO Date
Nov 3, 2006
CEO
Marc Eisenberg
Employees
739
Stock Exchange
NASDAQ
Ticker Symbol
ORBC
Full Company Profile

Financial Performance

In 2020, ORBCOMM, Inc.'s revenue was $248.47 million, a decrease of -8.66% compared to the previous year's $272.01 million. Losses were -$33.94 million, 84.2% more than in 2019.

Financial Statements

Analyst Forecasts

According to 5 analysts, the average rating for ORBCOMM, Inc. stock is "Strong Buy." The 12-month stock price forecast is 11.20, which is a decrease of -0.27% from the latest price.

Price Target
$11.20
(-0.27% downside)
Analyst Consensus: Strong Buy