{"id":68667,"date":"2017-03-14T00:49:14","date_gmt":"2017-03-13T16:49:14","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/norsat-posts-13-percent-revenue-increase-for-q4-2016\/"},"modified":"2017-03-14T00:49:14","modified_gmt":"2017-03-13T16:49:14","slug":"norsat-posts-13-percent-revenue-increase-for-q4-2016","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/norsat-posts-13-percent-revenue-increase-for-q4-2016\/","title":{"rendered":"Norsat Posts 13 Percent Revenue Increase for Q4 2016"},"content":{"rendered":"<p><strong>Norsat International <\/strong>has announced financial results for the fourth quarter and fiscal year ended&nbsp;Dec. 31, 2016. For the fourth quarter, the company reported $10.7 million revenue, an increase of 13 percent compared to $9.5 million for the same period last year. Gross profit margin was 44 percent, an increase of 3 percent. Net loss for the quarter was $0.04 per share, and adjusted Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) were $2.2 million, an increase of 52 percent for the same period last year.<\/p>\n<p>For the full year period, the company reported $38 million in revenue, an increase of 5 percent compared to 2015. Gross profit margin was 45 percent, an increase of 4 percent. Net earnings were $0.57 per share compared to $1.50 per share for 2015, with a 44 percent increase of adjusted EBITDA to $7.6 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Norsat International has announced financial results for the fourth quarter and fiscal year ended&nbsp;Dec. 31, 2016. For the fourth quarter, the company reported $10.7 million revenue, an increase of 13 percent compared to $9.5 million for the same period last year. Gross profit margin was 44 percent, an increase of 3 percent. Net loss for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-68667","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/68667"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=68667"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/68667\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=68667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=68667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=68667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}