Orbit International Q2 FY26 net loss widens to $1.72 million; net sales fall to $4.89 million

Reuters2026/08/13 12:45

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Orbit International posted a Q2 net loss of $1.72 million, widening from $1.29 million a year earlier.
Net sales fell 6.26% to $4.89 million, while gross margin slipped 0.4 percentage point to 26.5%.
Adjusted EBITDA loss widened to $1.22 million from $1.05 million, reflecting weaker delivery schedules tied to delayed bookings.
Backlog rose 6.5% from year-end to $13.1 million, with delivery schedules expected to improve in Q4 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orbit International Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130845PRIMZONEFULLFEED9809244) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Orbit International Q2 FY26 net loss widens to $1.72 million; net sales fall to $4.89 million

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