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DIGIPIN Launched: India Embraces Geospatial Precision in Digital Addressing
IIT Hyderabad (IITH), in partnership with the Department of...
HAL to build, market Isro’s SSLV in landmark deal
New Delhi, Jun 20: In a historic move for...
Taiwan developing space capabilities for all-weather imaging
TAIPEI (TVBS News) — Taiwan is advancing its space...
Honda hails successful test of reusable rocket as it looks to get into the space business
Tokyo — Japan's second-biggest carmaker, Honda, has successfully tested...
China’s space program provides larger platform for broader international cooperation
BEIJING -- Experts from China's manned space program said...
India To Launch $1.5 Billion Joint Earth Mission With NASA In July
National Aeronautics and Space Administration (NASA) and the Indian...
Axiom-4 mission delayed again: ISRO confirms Subhanshu Shukla’s ISS spaceflight won’t launch before 22 June 2025
The Axiom-4 mission to the International Space Station has...
Mengzhou spacecraft for China’s moon-landing mission passes landmark test flight
China has completed the inaugural test flight of its...
Space application for ITMA Asia + CITME 2026 opens
Shanghai – Space application for the 2026 edition of...
Yanmar, Chia Tai and XAG Empower Thai Agriculture through Innovation
Bang Nam Priao District, Chachoengsao Province, Thailand – On...

May 20th, 2011
Hemisphere GPS Reports 2011 First Quarter Results

“Traction from new products, stronger grain prices and signs of global economic recovery contributed to stronger growth in every geographic market, and all of our product lines.”

Gross margins were relatively consistent year over year at 48.5% compared to 49.2% for the first quarter of 2010, which have been revised based upon the conversion from Canadian to US functional currency under IFRS. Revised gross margins for 2010 are higher than originally reported under Canadian generally accepted accounting principles as a result of the impact of a strengthening Canadian dollar on the weighted average costing of Canadian inventories when using the US dollar as functional currency. Read More