Norsat’s operating expenses related to the Sinclair subsidiary were $1 million during the quarter. The balance of the increase also was supported by improved foreign exchange rates on the Canadian dollar versus the U.S. dollar. Norsat recorded a $200,000 net loss during the quarter, compared with net earnings of $500,000 in the same period last year.

In a statement, Norsat CEO Aimee Chan said that she expects Sinclair’s operating expenses to, “increase modestly over future periods and amortization related to certain acquired intangibles will also commence once the complete purchase price allocation has been determined.”

Norsat’s satellite solutions segment revenues fell from $2.9 million in the first quarter of 2010 to $2.4 million in 2011. Revenues from Norsat’s Microwave Products segment also slightly decreased year-over-year from $1.9 million in 2010 to $1.8 million.