News Column

ORBIT INTERNATIONAL CORP FILES (8-K) Disclosing Results of Operations and Financial Condition

May 12, 2014

Item 2.02. Results of Operations and Financial Condition.

On May 8, 2014, Orbit International Corp. ("Orbit") issued a press release announcing its operating results for its first quarter ended March 31, 2014. The press release contains a non-GAAP disclosure-Earnings before interest, taxes, depreciation and amortization, and stock based compensation (EBITDA, as adjusted), that management feels provides useful information in understanding the impact of certain items to Orbit's financial statements. A copy of the press release issued by Orbit concerning the foregoing information is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Edgar Glimpses

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters