<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1995
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended to
Commission file number 0-3936
Orbit International Corp.
(Exact name of registrant as specified in its charter)
Delaware ID # 11-1826363
(State or other jurisdiction (I.R.S. Employer Identification
incorporation or organization) Number)
80 Cabot Court, Hauppauge, New York 11788
(Address of principal executive offices) (Zip Code)
(516)435-8300
(Registrant's telephone number, including area code)
N/A
(Former name, former address and former fiscal year, if changed
since last report)
Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15 (d) of the
Securities Exchange Act of 1934 during the preceding 12 month (or
for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes X No
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDING DURING THE PRECEDING FIVE YEARS:
Indicate by check mark whether the registrant has filed all
documents and reports required to be filed by Sections 12, 13 or
15 (d) of the Securities Exchange Act of 1934 subsequent to the
distribution of securities under a plan confirmed by a court.
Yes No
The purpose of this FORM 10-Q/A is to include Exhibit Index EX-27.
APPLICABLE ONLY TO CORPORATE ISSUERS:
Indicate the number of shares outstanding of each of the
issuer's classes of common stock, as of the latest practicable
date:
March 31, 1995 5,886,000
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned therunto duly authorized.
ORBIT INTERNATIONAL CORP.
Registrant
Dated: May 23, 1995 /s/ Dennis Sunshine
Dennis Sunshine, President, Chief
Executive Officer and Director
Dated: May 23, 1995 /s/ Mitchell Binder
Mitchell Binder, Vice President-
Finance, Chief Financial Officer
and Director
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> MAR-31-1995
<CASH> 528,000
<SECURITIES> 5,153,000
<RECEIVABLES> 5,577,000
<ALLOWANCES> 1,114,000
<INVENTORY> 20,581,000
<CURRENT-ASSETS> 33,292,000
<PP&E> 5,961,000
<DEPRECIATION> 2,585,000
<TOTAL-ASSETS> 62,666,000
<CURRENT-LIABILITIES> 23,772,000
<BONDS> 7,730,000
<COMMON> 877,000
0
0
<OTHER-SE> 30,287,000
<TOTAL-LIABILITY-AND-EQUITY> 62,666,000
<SALES> 10,888,000
<TOTAL-REVENUES> 10,888,000
<CGS> 8,011,000
<TOTAL-COSTS> 8,011,000
<OTHER-EXPENSES> 4,119,000
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 655,000
<INCOME-PRETAX> (313,000)
<INCOME-TAX> 0
<INCOME-CONTINUING> (313,000)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (313,000)
<EPS-PRIMARY> (.05)
<EPS-DILUTED> (.05)
</TABLE>
