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BRIEF-Orbite Technologies reports Q1 results

May 15 Orbite Technologies Inc:

* Orbite reports first quarter 2017 results

* Company reported a loss before net finance expense of $4.1 million for quarter, an increase from a loss of $2.6 million

* Financial statements have been prepared on a going concern basis

* Company will be able to realize its assets and discharge its liabilities in normal course of operations.

* Orbite Technologies - recent developments indicate material uncertainty that may cast significant doubt about ability to continue as going concern

* Orbite Management will not be hosting its usual quarterly results conference call Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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