Orbcomm Q2 revenue increased 51 percent from the year-ago quarter to $16.3...
Orbcomm Q2 revenue increased 51 percent from the year-ago quarter to $16.3 million, and service revenue increased 38 percent to $12.4 million. It added 26,000 subscribers to its satellite machine-to-machine communications service, it said Thursday (http://xrl.us/bnj3mq). The company had 715,000…
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subscribers ending the quarter, compared to 606,000 at the end of Q2 2011. Orbcomm said it plans to ship its Generation 2 satellite to Cape Canaveral “to be attached to a Falcon 9 rocket and launched in October.”