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News on GIS, GNSS, spatial information, remote sensing,
mapping and surveying technologies for Asia – ASM

Hemisphere GPS Reports 2011 Q3 Results

For the three months ended September 30, 2011, Hemisphere GPS reported record revenues of $14.1 million, an increase of 7% compared to $13.2 million in the third quarter of 2010. The third quarter is seasonally the slowest sales period for Hemisphere GPS, and despite an early harvest, the quarter represented the highest third quarter revenue level in the Company's history. Strong growth in all regions was offset by a decline in European revenues associated with uncertainty arising from the European debt crisis. Read More
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