Ladenburg Thalmann Starts ORBCOMM (ORBC) at Buy

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  ORBCOMM Announces Fourth Quarter and Full Year 2014 Results

March 12, 2015 8:30 AM EDT

Total Revenues of $96.2 Million for 2014, Increasing 30% Over Prior Year

Record 39,000 Subscriber Communicators Additions in Q4 and 113,000 in 2014

SkyWave and InSync Acquisitions Completed in January 2015

ROCHELLE PARK, N.J.--(BUSINESS WIRE)-- ORBCOMM Inc. (NASDAQ: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced financial results for the fourth quarter and full year ended December 31, 2014.

The following financial highlights are in thousands of dollars.

  Three months ended December 31,  

Twelve months endedDecember 31,

  2014   2013 2014   2013 Service Revenues $15,183 $14,782 $59,695 $55,957 Product Sales $14,285 $4,458 $36,547 $18,255... More