Benzinga | Jul 30, 2020 09:53AM EDT

ORBCOMM Earlier Reported Q2 EPS $(0.09) Beats $(0.13) Estimate, Sales $56.73M Beat $56.12M Estimate; Sees Q3 Sales $59M-$62M vs $59.8M Estimate

ORBCOMM (NASDAQ:ORBC) reported quarterly losses of $(0.09) per share which beat the analyst consensus estimate of $(0.13) by 30.77 percent. This is a 12.5 percent decrease over losses of $(0.08) per share from the same period last year. The company reported quarterly sales of $56.73 million which beat the analyst consensus estimate of $56.12 million by 1.09 percent. This is a 15.46 percent decrease over sales of $67.10 million the same period last year.