Orbit Technologies Third Quarter 2024 Earnings: EPS: US$0.12 (vs US$0.13 in 3Q 2023)

Orbit Technologies (TLV:ORBI) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$18.3m (up 11% from 3Q 2023).
• Net income: US$2.92m (down 7.5% from 3Q 2023).
• Profit margin: 16% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.12 (down from US$0.13 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Orbit Technologies shares are up 1.6% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Orbit Technologies' balance sheet.

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