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Hemisphere GPS

03:30 PM EST - Hemisphere GPS : reported financial results for the year ended December 31, 2011. All currency amounts are expressed in U.S. dollars. Hemisphere GPS reported revenues of $67.8 million, a 21% increase from revenues of $56 million reported in 2010. Hemisphere GPS reported a loss of $1.5 million or ($0.03) per share (basic and diluted) for 2011, an improvement of $6.1 million compared to a net loss of $7.6 million or ($0.14) per share (basic and diluted) in 2010. Hemisphere GPS shares T.HEM are trading down $0.08 at $0.90.