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Gilat Satellite Networks revenue falls to USD 62.8 mln in Q3, cuts FY revenue forecast range

Tuesday 13 November 2018 | 10:43 CET | News
Gilat Satellite Networks said revenue decreased to USD 62.8 million in the third quarter ended 30 September from USD 69.9 million a year earlier. Operating income increased by 79.6 percent to USD 6.0 million. Net income was USD 8.7 million, or USD 0.16 per diluted share including a one-off tax benefit of USD 4.1 million related to its US subsidiary. This compares with USD 2.1 million net profit or USD 0.04 per diluted share in 2017. 

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Categories: Broadcast & Satellite
Companies: Fitel / Gilat Satellite Networks
Countries: Peru / World
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