{"id":88224,"date":"2009-10-28T17:38:54","date_gmt":"2009-10-28T09:38:54","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/orbital-sees-18-percent-profit-loss-in-third-quarter\/"},"modified":"2009-10-28T17:38:54","modified_gmt":"2009-10-28T09:38:54","slug":"orbital-sees-18-percent-profit-loss-in-third-quarter","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/orbital-sees-18-percent-profit-loss-in-third-quarter\/","title":{"rendered":"Orbital Sees 18 Percent Profit Loss in Third Quarter"},"content":{"rendered":"<p>[10-28-09] <strong>Orbital Sciences Corp<\/strong>.\u2019s third-quarter profits fell almost 18 percent, with net income at $9.4 million compared to $11.4 million in 2008, the company announced in its financial results, released Oct. 27.<br \/>\n&nbsp;&nbsp;&nbsp; The company\u2019s revenue dropped slightly to $277.1 million from $278.6 million in the same period a year ago due to fewer satellite and missile defense contracts. However, Orbital reported that it recently received a total of $365 million in new contracts, which the company claims will keep it on track to earn between $1.11 billion and $1.14 billion in 2009 and between $1.18 billion and $1.23 billion in 2010.<br \/>\n&nbsp;&nbsp;&nbsp; Orbital\u2019s operating income dipped $7 million in the quarter. The company blamed unrecovered research and development expenses for the loss but said it will be offset by future government contracts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[10-28-09] Orbital Sciences Corp.\u2019s third-quarter profits fell almost 18 percent, with net income at $9.4 million compared to $11.4 million in 2008, the company announced in its financial results, released Oct. 27. &nbsp;&nbsp;&nbsp; The company\u2019s revenue dropped slightly to $277.1 million from $278.6 million in the same period a year ago due to fewer satellite [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-88224","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/88224"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=88224"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/88224\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=88224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=88224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=88224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}