Gilat Satellite Networks (GILT) Reports Q3 EPS of $0.12

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Gilat Reports Strong Growth in Q3 2019

November 19, 2019 7:17 AM EST

GAAP Operating Income Increases 43.1% sequentially; Adjusted EBITDA reaches double digits totaling $10.1 million

Gilat wins coveted deal for SES O3b mPOWER MEO Communications System

PETAH TIKVA, Israel, Nov. 19, 2019 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the third quarter ended September 30, 2019.

Key Financial Highlights:

Revenues for Q3 2019 increased to $63.4 million compared with $59.7 million for Q2 2019 and $62.8 million in Q3 2018.Continued strong profitability:°  Q3... More