Gilat Satellite Networks (GILT) Reports Q1 Loss of $0.09 on Revenues of $44.7M

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Gilat Reports First Quarter 2021 Results

May 4, 2021 7:07 AM EDT

PETAH TIKVA, Israel, May 04, 2021 (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 first quarter of 2021.

First Quarter Financial Highlights

Revenues of $44.7 million versus $47.7 million in Q1 2020 and up from $42.6 million in the previous quarter;GAAP operating... More