Asian Surveying & Mapping
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GSSI Ground Penetrating Radar Equipment Used in Mount Everest Measurement Expedition
GSSI, the world’s leading manufacturer of ground penetrating radar...
European commercial drone developer FIXAR enters the Indian market with Paras Aerospace
EU-based commercial drone design and software developer FIXAR, has...
United Arab Emirates to launch bold asteroid mission in 2028
The United Arab Emirates (UAE) has set its sights...
WAFA: “Work of Palestinian land surveyors in Masafer Yatta interrupted by Israeli settlers”s”
HEBRON – Extremist Israeli settlers attacked a number of...
Ola acquires geospatial company GeoSpoc
Ola has acquired GeoSpoc, a six-year-old Pune-based geospatial company....
New UAE space mission will orbit Venus and land on an asteroid
The United Arab Emirates is setting a course for...
Britain’s space programme has been hit by Brexit, with FIVE concerns to be resolved before launch.
BREXIT BRITAIN’S SPACE STRATEGY has been slammed, with this...
Nobel Prize for physics winner shaped ground-breaking Earth-observing mission
This year's Nobel Prize in Physics laureate Klaus Hasselmann...
China deepens application use for BeiDou technology to build an integrated industrial ecosystem
As China has continuously deepened the application of the...
PM Modi launches India’s first private space association
New Delhi: India will soon have policies on space communication...

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