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news >> First Quarter Financial Results from Norsat
First Quarter Financial Results from Norsat
 
Date:2014-05-12 04:05       Hits:
 


The first quarter of 2014 ending on March 31 from Norsat financial results.Comprared to $8.4 million for the first quarter 2013, the revenue of the quarter increased to $9.1 million. Several new products during the quarter The company launched several new products during the quarter, including the Atom series of Ku-band Block Upconverters (BUCs) and Solid State Power Amplifiers (SSPAs), as well as the 700 – 800 MhZ TXC series of Ceramic Combiners.






The gross margin percentages for the first quarter were 41 percent, doing the comparison last year is  40 percent for the respective period. The company decreased total expenses to $1.7 million from $3 million for  2013 Q1.