ORBCOMM, Inc. provided preliminary unaudited earnings guidance for the fourth quarter ended December 31, 2013. For the fourth quarter of 2013, the company expects to report service revenues in the range of $14.6 million to $14.9 million, as compared to $12.4 million for the fourth quarter of 2012, product sales in the range of $4.4 million to $4.6 million, as compared to $3.8 million for the fourth quarter of 2012, and adjusted EBITDA in the range of $4.0 million to $4.6 million, as compared to $4.2 million for the fourth quarter of 2012 and net income attributable to the company in the range of $1.4 million to $2.0 million, as compared to $2.1 million for the fourth quarter of 2012. The company expects depreciation and amortization of $1.6 million against $1.4 million last year.
1st Jan change | Capi. | |
---|---|---|
+12.34% | 133B | |
+80.52% | 106B | |
+0.94% | 59.69B | |
+46.53% | 28.81B | |
+1.20% | 24.1B | |
+1.38% | 18.36B | |
+5.06% | 15.55B | |
-8.83% | 10.56B | |
+2.43% | 9.37B |