Orbit International Corp. Reports 2022 Year End Results; Commences Process Toward Reinstatement Onto OTC Pink Market

2022 Net Income of $481,000 ($0.14 per diluted share) v. Net Income of $3,246,000 ($0.93 per diluted share) in Prior Year Period. Prior Period Includes $1,618,000 ($0.47 per diluted share) of PPP Loan Forgiveness. Exclusive of PPP Loan Forgiveness, Prior Period Net Income was $1,628,000 ($0.47 per diluted share)

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