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Gilat meets FY guidance with 1% fall in revenue, higher profits

Thursday 20 February 2020 | 12:22 CET | News
Gilat Satellite Networks reported annual results in line with its reduced guidance. Revenues fell 1 percent to USD 263.5 million, while operating profit improved to USD 25.6 million from USD 21.3 million. The company did not issue guidance or hold a conference call, due to its pending merger with Comtech. 

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Categories: Broadcast & Satellite
Companies: Gilat Satellite Networks
Countries: World
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