ROCHELLE PARK, N.J. (AP) _ Orbcomm Inc. (ORBC) on Wednesday reported a loss of $7.2 million in its second quarter.

The Rochelle Park, New Jersey-based company said it had a loss of 9 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

The satellite communications company posted revenue of $70.8 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $69.7 million.

Orbcomm expects full-year revenue in the range of $290 million to $310 million.

Orbcomm shares have decreased roughly 7 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $9.48, a decline of 18 percent in the last 12 months.


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