Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

Orbit Sales Up 23 Percent

Orbit International (NASDAQ:ORBT) released financial figures from the first quarter 2011, seeing $6, 812, 000 in net sales, a 23 percent spike.

“The 23.1 percent increase in net sales combined with the gross margin improvement and substantial reduction in selling, general and administrative expenses resulted in a nearly $1.2 million increase in profitability from the 2010 comparable period, ” CEO Mitchell Binder said.

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Financial Report

Related Articles