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Orbit International Corp. Reports Operating Results (10-Q)

November 15, 2010 | About:

Orbit International Corp. (ORBT) filed Quarterly Report for the period ended 2010-09-30.

Orbit International Corp. has a market cap of $16.07 million; its shares were traded at around $3.4601 with and P/S ratio of 0.61.

Highlight of Business Operations:

Nine Months Ended Three Months Ended

September 30, September 30,

2010 2009 2010 2009

- - - -



Net sales $19,803,000 $19,029,000 $7,299,000 $6,876,000



Basic $.00 $(.01) $.11 $.07

= = = =

Diluted $.00 $(.01) $.11 $.07

= = = =



Corporate Bonds $ 357,000 $ 412,000 $ 55,000

U.S. Government

Agency Bonds 1,000 1,000 -

- - -

Total $ 358,000 $ 413,000 $ 55,000

= = =





Nine Months Ended Three Months Ended

September 30, September 30,

2010 2009 2010 2009

- - - -



Net sales:

Electronics

Domestic $11,806,000 $10,165,000 $4,701,000 $3,637,000

Foreign 1,136,000 1,547,000 185,000 778,000

- - - -

Total Electronics 12,942,000 11,712,000 4,886,000 4,415,000

Power Units

Domestic 6,159,000 6,453,000 2,106,000 2,099,000

Foreign 868,000 934,000 344,000 426,000

- - - -

Total Power Units 7,027,000 7,387,000 2,450,000 2,525,000



$4,165,000 $(2,406,000) $ (1,626,000) $133,000

= = = =



$4,165,000 $(2,316,000) $(1,622,000) $227,000

= = = =



Read the The complete Report

About the author:

10qk
Charlie Tian, Ph.D. - Founder of GuruFocus. You can now order his book Invest Like a Guru on Amazon.

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