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Satnews Daily
October 21st, 2010

Orbital Sciences... Financially Speaking...


[SatNews] Orbital Sciences Corporation (NYSE: ORB) has reported its financial results for the third quarter of 2010. Third quarter 2010 revenues were $314.5 million, up 13 percent compared to $277.1 million in the third quarter of 2009. Third quarter 2010 operating income was $19.4 million, reflecting a 43 percent increase compared to $13.6 million in the third quarter of 2009. Net income was $10.6 million, or $0.18 diluted earnings per share, in the third quarter of 2010 compared to net income of $9.4 million, or $0.16 diluted earnings per share, in the third quarter of 2009. Orbital generated $28.9 million of free cash flow in the third quarter of 2010 compared to free cash flow of $23.1 million in the third quarter of 2009. To read the entire financial report, access the following hot linked URL http://www.orbital.com/NewsInfo/release.asp?prid=749.