12:05 PM EST - Norsat International Inc. : reported financial results for 2011. All financial results are in U.S. dollars and have been prepared in accordance with International Financial Reporting Standards, unless otherwise stated. Total sales for the 12 months ended December 31, 2011 were $38.4 million, compared to $20.2 million in 2010. Full-year net earnings were $0.4 million in 2011, compared to net earnings of $2.1 million in 2010. Norsat International Inc.
shares T.NII are trading unchanged at $0.52.
