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Gilat Satellite Networks grows Q1 EBITDA 78%

Wednesday 16 May 2018 | 10:11 CET | News
Gilat Satellite Networks has maintained its full-year growth outlook after reporting a strong improvement in Q1 profits. Revenues for the first quarter rose 5.4 percent to USD 67.4 million, and adjusted EBITDA jumped 78 percent to USD 7.5 million. The net result moved to a profit of USD 2.3 million from a loss of USD 0.8 million a year earlier. 

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