Benzinga | Oct 28, 2020 07:14AM EDT

ORBCOMM Q3 EPS $(0.07) Beats $(0.09) Estimate, Sales $61.74M Beat $60.18M Estimate

ORBCOMM (NASDAQ:ORBC) reported quarterly losses of $(0.07) per share which beat the analyst consensus estimate of $(0.09) by 22.22 percent. This is a 40 percent decrease over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $61.74 million which beat the analyst consensus estimate of $60.18 million by 2.60 percent. This is a 10.77 percent decrease over sales of $69.19 million the same period last year.