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Orbital Sciences 2nd-quarter net income drops 27 percent, hurt by acquisition and rising costs

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Orbital Sciences 2nd-quarter net income drops 27 percent, hurt by acquisition and rising costs Posted: Jul 22, 2010 4:56 PM
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Original Post: Orbital Sciences 2nd-quarter net income drops 27 percent, hurt by acquisition and rising costs
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Orbital 2Q net income down 27 pct on rising costs DULLES, Va. — Orbital Sciences Corp., which makes satellites, rockets and other space technology, said Thursday that its second-quarter net income plunged 27 percent, weighed down in part by costs associated with an acquisition. Shares fell 71 cents, or 4.6 percent, to $14.91 in afternoon trading. The [..] Read the original article: here.

Read: Orbital Sciences 2nd-quarter net income drops 27 percent, hurt by acquisition and rising costs

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