Brief: Orbital Infrastructure Group Reports Third Quarter 2022 Results

Orbital Infrastructure

14/11/2022 13:01

Nov 14 (Reuters) - Orbital Infrastructure Group  OIG.O :
    * REPORTS THIRD QUARTER 2022 RESULTS
    * Q3 REVENUES OF $99.8 MILLION COMPARED TO $24.8 MILLION FOR
Q3 OF
2021
    * ORBITAL INFRASTRUCTURE - LOWERED FY2022 CONSOLIDATED
REVENUE
GUIDANCE TO RANGE OF $350 MILLION TO $375 MILLION FROM PREVIOUS
RANGE OF $405 MILLION TO $450 MILLION
    * QTRLY LOSS PER COMMON SHARE - BASIC AND DILUTED $1.23
    * LOWERED ITS FULL YEAR 2022 ADJUSTED EBITDA GUIDANCE TO A
RANGE
OF $4 MILLION TO $6 MILLION

Source text for Eikon:  ID:nPnbGt0SKa 
Further company coverage:  OIG.O 
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