Gilat Satellite Networks (GILT) Reports Q4 EPS of $0.16

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Go back to Gilat Satellite Networks (GILT) Reports Q4 EPS of $0.16

Gilat Reports Full Year 2015 Results With a Good Fourth Quarter and Forecasted Profitable Growth for 2016

February 17, 2016 7:29 AM EST

PETAH TIKVA, Israel, Feb. 17, 2016 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT) (TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the fourth quarter and year ended December 31, 2015.

Key Financial Updates:

Revenues for the fourth quarter of 2015 were $67.7 million compared to $40.3 million in the third quarter of 2015 and $73.1 million in the comparable period of 2014.Revenue for 2015 was $197.5 million compared to $235.1 million in 2014.EBITDA for the fourth... More