Asian Surveying & Mapping
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Chinese scientists propose information superhighway between Earth and the moon
Chinese scientists have unveiled a road map to build infrastructure between...
Australia inks $18 million pact with ISRO’s commercial arm
New Delhi: The Australian government on Wednesday entered into...
Dubai Culture and Khalifa University Sign MoU to Support Scientific Research on Archaeological Excavations in Dubai
Dubai Culture and Arts Authority (Dubai Culture) has signed...
South Korea’s new space agency outlines plans
BUSAN, South Korea — South Korea’s new space agency,...
UAE Space Agency highlights country’s achievements in space sector
Abu Dhabi: A high-level delegation from the UAE Space...
China launches new Gaofen-11 high resolution spy satellite
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Synspective Succeeds in Acquiring Japan’s Highest Resolution 25cm SAR image
TOKYO, 2024 – Synspective Inc., a provider of Synthetic...
Why Indian-origin astronaut Sunita Williams is stuck in space
The Starliner mission is seen as a landmark for...
China Successfully Launches Tianhui 5-02 Remote Sensing Satellite
China has successfully launched the Tianhui 5-02 Earth remote...
ISRO to organise hackathon to celebrate first National Space Day on Aug 23
BENGALURU: For the first National Space Day, which will...

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