Vancouver-based Norsat International Inc. designs, engineers and markets intelligent satellite solutions for high-speed data transmission. The company’s portfolio of capabilities include: microwave components, turnkey maritime navigation and communication systems, fixed or mobile maritime satellite systems, and end-to-end network services.

The company announced today their financial results for the three and nine month periods ended on September 30, 2009. Here are some of the highlights:

• Third quarter revenue increased to $5.1 million from $4.9 million in the 2008 3rd quarter • Revenues for the first nine months of 2009 increased 27% to $15 million compared to $11.8 million for the same period in 2008 • Net earnings for the first nine months of 2009 was $1.7 million, or $0.03 per share, compared to net earnings of $0.9 million, or $0.02 per share, for the same period in 2008 • The company increased their cash position to $7.2 million as of September 30, 2009 from $5 million