Reuters logo
in 2 months
BRIEF-Orbite Technologies reports Q1 results
May 15, 2017 / 11:48 PM / in 2 months

BRIEF-Orbite Technologies reports Q1 results

1 Min Read

May 15 (Reuters) - Orbite Technologies Inc:

* Orbite reports first quarter 2017 results

* Company reported a loss before net finance expense of $4.1 million for quarter, an increase from a loss of $2.6 million

* Financial statements have been prepared on a going concern basis

* Company will be able to realize its assets and discharge its liabilities in normal course of operations.

* Orbite Technologies - recent developments indicate material uncertainty that may cast significant doubt about ability to continue as going concern

* Orbite Management will not be hosting its usual quarterly results conference call Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below