Norsat Now Debt-Free, Reports Q2 Earnings – Satellite Today
Amiee Chan, president and CEO, Norsat. Photo: Norsat [Via Satellite 08-10-2015] Norsat repaid the remaining balance of its $1.3 million acquisition loan, including a $0.8 million voluntary accelerated payment, resulting in the company being debt free. Norsat reported this development in its second quarter financial results, ended June 30, 2015. “Overall, strong cash flows over…