Orbit International Corp. (ORBT) Backlog Rises 20.7% as Nine-Month Loss Narrows
Orbit International Corp. reported a narrowed nine-month net loss of $4.0M, down from $4.3M a year earlier, on sales of $16.3M, up from $15.7M. The company's backlog rose 20.7% to $14.9M by September 30. According to the company, delayed contracts are impacting performance, with delivery schedules and contract awards expected in early 2027.
