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Gilat Satellite Networks improves profits as revenues fall to USD 60 mln in Q2

Tuesday 6 August 2019 | 14:53 CET | News
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Gilat Satellite Networks reported revenues for Q2 down to USD 59.7 million compared with USD 66.5 million a year earlier. Operating income increased 17.9 percent year-on-year to USD 4.9 million, while net income grew 58.3 percent to USD 3.4 million, or USD 0.06 per diluted share. Adjusted EBITDA rose 10 percent year-on-year to USD 8.9 million, or 14.9 percent of revenues.

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