Orbit International Corp.

No. 258: Northwell’s big week, Winthrop’s ambitious diabetes study and the Center on Rural Innovation

Welcome, dear readers: To another Wednesday edition of your exclusive Innovate LI newsletter, coming to you on this Ides of November. Before we highlight another busy week in Long Island socioeconomics, a gentle reminder to send your congratulations, corrections and questions to editor@innovateli.com. We love hearing from you. It’s Nov. 15 out there: On which we remember late greats including German-British Astronomer William Herschel (born 1738, discovered Uranus and a bunch of moons), American artist…


Orbit rises above ‘issues,’ but Lifetime suffers 3Q loss

  ORBIT INTERNATIONAL CORP. Headquarters: Hauppauge Industry: Capital goods OTC: ORBT Reporting Date: Nov. 9, 2017 Reporting Quarter: 3Q FY2017 Quarter Ended: Sept. 30, 2017 Numbers: Net sales were reported as $5.00 million, down 8.8 percent from the $5.48 million reported for 3Q FY2016. But year-over-year reported net income rose – from $455,000 (11 cents per diluted share) to $699,000 (19 cents per diluted share) – and earnings before EBITDA held virtually steady ($507,000 and…