Orbital Sciences Corporation (NYSE: ORB) financial results for the first quarter of 2010 have been released. First quarter 2010 revenues were $296.2 million, compared to $295.7 million in the first quarter of 2009. First quarter 2010 operating income was $17.4 million, compared to $11.2 million in the first quarter of 2009.

Net income was $9.3 million, or $0.16 diluted earnings per share, in the first quarter of 2010, compared to net income of $9.2 million, or $0.16 diluted earnings per share, in the first quarter of 2009. Orbital’s free cash flow in the first quarter of 2010 was negative $10.3 million compared to positive $10.2 million in the first quarter of 2009. To read the entire financial report, access this direct link.