June 13, 2012 / 8:40 PM / in 6 years

Evertz Technologies profit up on higher global sales

(Reuters) - Canadian broadcast equipment maker Evertz Technologies Ltd ET.TO reported a 9 percent rise in quarterly profit on higher international sales.

Fourth-quarter profit rose to C$13.5 million, or 18 Canadian cents per share, from C$12.4 million, 16 Canadian cents per share, a year earlier.

Revenue rose 11 percent to C$76.3 million for the quarter ended April 30, 2012.

International region revenue rose 42 percent to C$39.6 million.

The Burlington, Ontario-based company’s purchase order backlog at the end of May was more than C$57 million.

Evertz shares, which have risen 12 percent so far in 2012, closed at C$13.64 on the Toronto Stock Exchange on Wednesday.

Reporting by Ankur Banerjee in Bangalore; Editing by Joyjeet Das

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