Gilat Reports Significant Increase in Year-over-Year Profitability in Q1 2018

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Gilat Satellite Networks (GILT) Reports Q1 EPS of $0.07 on Revenues of $67.4M

May 15, 2018 6:39 AM EDT

Gilat Satellite Networks (NASDAQ: GILT) reported Q1 EPS of $0.07. Revenue for the quarter came in at $67.4 million.

Key Financial Highlights:

Revenues for Q1 2018 totaled $67.4 million, up 5.4% from Q1 2017. Company's revised reporting segments: - Q1 2018 Fixed Networks Segment revenues were up 40.0% year over year;- Mobility Solutions Segment... More