12:11 PM EST - Norsat International Inc. : announced its financial results for the three months ended March 31, 2011. All financial results are in U.S. dollars. Revenue for the quarter was $8.7 million, an increase of $3.8 million or 78% over the same period in 2010. Net loss for the first quarter of 2011 was $200,000, compared to net earnings of $500,000 in the first quarter of 2010. Norsat International Inc.
shares T.NII are trading down $0.02 at $0.70.
