Gilat Satellite Networks (GILT) Reports Q2 EPS of $0.01

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Go back to Gilat Satellite Networks (GILT) Reports Q2 EPS of $0.01

Gilat Reports Strong Results in Second Quarter 2021

August 10, 2021 7:08 AM EDT

PETAH TIKVA, Israel, Aug. 10, 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 second quarter of 2021.

Second Quarter Financial Highlights

Revenues of $56.9 million, a 49% increase from $38.3 million in Q2 2020 and up 27% from $44.7 million in the previous quarter.GAAP... More