Orbital Sciences Profit Margins Hit Five-year High

摘要

Satellite and rocket builder Orbital Sciences Corp. on April 23 reported sharply higher operating income on flat revenue for the three months ending March 31 as all three of its divisions improved their operating margins. In a conference call with investors, Orbital officials said the good news - a 9.3 percent operating margin, the highest in about five years- in the first three months of the year cannot yet be extrapolated to the full year because of uncertainties about the effects of U.S. government cutbacks and negotiations on future year budgets.