[Satellite TODAY 11-23-12] Canadian satellite, RF equipment and microwave systems manufacturer Advantech Wireless<\/b>\u2019 audited financial results for its 2012 full-year period ending April 30 exceeded expectations, as operation profits are in line with previous year results, the company announced Nov. 23.<\/p>\n
Advantech Wireless CEO David Gelerman said the company was able to weather the severe global economic downturn by posting another net profit among increased sales.
\n \u201cWe are especially happy by the fact that we have now realized two consecutive profitable years of growth,\u201d Gelerman said in a statement. \u201cThis proves that Advantech Wireless is heading in the right direction with increased customer confidence in our innovative cost-effective solutions. In addition, through increased marketing with international seminars and tradeshows, we have successfully launched world leading GaN-based technology transmitters (HPA, BUCS and SSPA) and an amazing new line of VSAT Discovery hubs based on our patent pending, versatile and lowest total cost of ownership, Adaptive Satellite Access Technologies (A-SAT).\u201d
\n Gelerman noted that the company\u2019s first two quarters continue to be profitable and bookings have increased 48 percent in the first six months of the current fiscal year. \u201cExpectations are such that this trend will result in another profitable year,\u201d said Gelerman.<\/p>\n","protected":false},"excerpt":{"rendered":"
[Satellite TODAY 11-23-12] Canadian satellite, RF equipment and microwave systems manufacturer Advantech Wireless\u2019 audited financial results for its 2012 full-year period ending April 30 exceeded expectations, as operation profits are in line with previous year results, the company announced Nov. 23. Advantech Wireless CEO David Gelerman said the company was able to weather the […]<\/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-82009","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/82009"}],"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=82009"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/82009\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=82009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=82009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=82009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}