Gilat Satellite Networks Ltd. (GILT) reported earnings for fourth quarter that Drops, from last year
The company's earnings came in at $8.79 million, or $0.13 per share. This compares with $11.76 million, or $0.21 per share, last year.
Excluding items, Gilat Satellite Networks Ltd. reported adjusted earnings of $13.42 million or $0.20 per share for the period.
The company's revenue for the period rose 75.3% to $136.96 million from $78.13 million last year.
Gilat Satellite Networks Ltd. earnings at a glance (GAAP) :
-Earnings: $8.79 Mln. vs. $11.76 Mln. last year.-EPS: $0.13 vs. $0.21 last year.-Revenue: $136.96 Mln vs. $78.13 Mln last year.
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