Gilat Satellite Networks (GILT) Reports Q3 EPS of $0.02
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Gilat Announces Third Quarter 2016 Results
November 15, 2016 6:50 AM ESTPETAH TIKVA, Israel, Nov. 15, 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 third quarter ended September 30, 2016.
Key Financial Highlights:
Revenues for Q3 2016 increased 95% to $78.6 million from $40.3 million in the comparable period of 2015. Revenues rose 16% compared with Q2 2016.The Company noted that operating profitability significantly improved in Q3 2016: On a GAAP basis, the operating loss decreased to $0.2... More