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ORBT — Orbit International News Story

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Orbit International Q3 net loss widens due to supply chain issues

Overview

Orbit International Q3 net loss of $875,000, down from net income last year

Company's Q3 EBITDA, as adjusted, was a loss of $508,000

Supply chain issue delayed $1.4 mln shipment, affecting Q3 profitability

Outlook

Orbit International expects delayed $1.4 mln shipment to be delivered in Q1 2026

Company anticipates $5.5 mln in proposals for Orbit Instrument division in 2026

Orbit International expects cost reduction efforts to save $750,000 annually

Result Drivers

SUPPLY CHAIN ISSUE - Delayed $1.4 mln shipment at Orbit Power Group affected Q3 profitability

LOWER SALES - Reduced sales at Orbit Electronics Group and Orbit Power Group due to contract delays and supply chain issues

GROSS MARGIN DECLINE - Lower gross margins due to reduced sales and higher overhead costs relative to sales

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Sales$5.79 mln
Q3 EPS-$0.26
Q3 Net Income-$875,000
Q3 Gross Margin31.90%
Q3 Basic EPS-$0.26
Q3 Gross Profit$1.85 mln
Q3 Pretax Profit-$752,000
Press Release: ID:nGNX3Y0mzf For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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