[Satellite TODAY 04-17-13] C-Com Satellite Systems, a provider of mobile auto-deploying satellite antenna systems, has seen a significant increase in revenues and profits in the first quarter. This was one of the highlights of its first quarter results, announced April 17.

 

    Revenues increased by 50 percent to $3,93 million compared with results from the same period last year, when total revenues were $2.61 million. The company also saw a significant increase in net profits. For the first quarter, it reported a net profit of $907,301 compared with $283,659, at the same stage last year. 

 

    "The first quarter has historically been the slowest in terms of revenues for C-COM; however, the December to February period this fiscal year was the strongest Q1 in the company’s history,” Leslie Klein, president and CEO of C-COM Satellite Systems, said in a statement.