ORBC News and Press, ORBCOMM Inc. From 02/24/21

– Total Revenue and Adjusted EBITDA Above Consensus – – 2020 Record Cash Flow from Operations of $48.4 Million, Up $18 Million Over Prior Year – – Company Completes Debt Refinancing, Saving $12 Million in Annual Interest...

ROCHELLE PARK, N.J., Feb. 23, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has been selected by Zachry Construction Corporation (Zachry), which specializes in turnkey heavy civil construction and engin...

Morgan Stanley forecasts the revenue generated by the global space industry may increase to more than $1T by 2040, while BofA estimates the sector will grow to $3T by 2040. Morgan Stanley estimates that satellite broadband will represent 50% of the projected growth of the global space...

ROCHELLE PARK, N.J., Feb. 11, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has been selected by McColl’s Transport (McColl’s), Australia’s largest independent bulk liquid carrier o...

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 conference call to review fourth quarter and full year 2020 results on Wednesday, February...

ROCHELLE PARK, N.J., Feb. 03, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has been selected by Booth Transport, one of Australia’s leading national freight and logistics service providers, to p...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Economic reports in the week ahead The Q4 earnings season cranks up with Procter & Gamble (NYSE:PG), Netflix (NASDAQ:NFLX) and Intel (NASDAQ:INTC) some...

The Q4 earnings season cranks up with Procter & Gamble (PG), Netflix (NFLX) and Intel (INTC) some of the more intriguing names to spill numbers. It is week two of trading for Poshmark (POSH) and Petco (WOOF) after huge first day gains were pared a bit on Friday. The economic calendar brin...

Cathie Wood's Ark Investment Management is looking to blast off into space after a parabolic 2020. Massive inflows were seen at the once-niche firm this past year, which now oversees about $41.5B in ETF products.On tap: The ARK Space Exploration ETF (ARKX), an actively managed ETF that will p...

ROCHELLE PARK, N.J., Jan. 12, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has been named as the M2M Vehicle Telematics Company of the Year by the 5 th Annual IoT Breakthrough Awards program, which...