Orbit International Corp. Reports 2021 First Quarter Results
First Quarter 2021 Net Income of $1,827,000 ($0.52 per diluted share) v. $20,000 ($0.01 per diluted share) in Prior Period First Quarter EBITDA, As Adjusted, of $1,903,000 ($0.54 per diluted share) v. $86,000 ($0.02 per diluted share) in Prior Year Period Current Year First Quarter Includes $1,618,000 ($0.46 per diluted share) of PPP Loan Forgiveness Exclusive of PPP Loan Forgiveness, First Quarter 2021 Net Income was $209,000 ($0.06 per diluted share) and EBITDA, As Adjusted was $285,000 ($0.08 per diluted share) HAUPPAUGE, N.Y., May 12, 2021 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC...