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Orbsat Corp. (OSAT)

Other OTC - Other OTC Delayed Price. Currency in USD
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2.12000.0000 (0.00%)
As of 3:02PM EDT. Market open.
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Previous Close2.1200
BidN/A x N/A
AskN/A x N/A
Day's Range2.1200 - 2.1200
52 Week Range1.9000 - 4.9700
Avg. Volume81
Market Cap590,983
Beta (5Y Monthly)2.22
PE Ratio (TTM)N/A
EPS (TTM)-14.8050
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A

    Orbsat Corp Closes Private Placement

    AVENTURA, FL / ACCESSWIRE / August 27, 2020 / Orbsat Corp (OTCQB:OSAT) ("Orbsat" or the "Company"), a global provider of communication solutions for connectivity to the world through next-generation satellite technology, today announced the closing of private placement of its securities.


    Orbsat Corp Reports Results for the Three and Six Months Ended June 30, 2020

    Company Reports Profitable Quarterly Results and a 62.


    Orbsat Corp Reports First Quarter 2020 Results

    This growth was driven primarily by an increase in North American sales through the Company's Orbital Satcom US subsidiary which experienced a 59.7% sales increase in Q1 2020 revenue as compared with to the same period in 2019. The Company's UK subsidiary, Global Telesat Communications, which operates in a number of European countries affected by strict COVID-19 lockdown measures introduced in March 2020, experienced a slight decline of 0.4% in Q1 2020 revenue as compared to the same period in 2019 (in local currency terms), due mainly to a temporary decline in rental bookings by recreational users. Gross Margin for the first quarter of 2020 increased to 23.7% as compared to 18.9% for the first quarter of 2019.