Gilat Satellite Networks Ltd (GILTF) announced earnings for its fourth quarter that increased from the same period last year
The company's bottom line totaled $11.8 million, or $0.21 per share. This compares with $3.4 million, or $0.06 per share, last year.
Excluding items, Gilat Satellite Networks Ltd reported adjusted earnings of $8.5 million or $0.15 per share for the period.
The company's revenue for the period rose 3.3% to $78.1 million from $75.6 million last year.
Gilat Satellite Networks Ltd earnings at a glance (GAAP) :
-Earnings: $11.8 Mln. vs. $3.4 Mln. last year.
-EPS: $0.21 vs. $0.06 last year.
-Revenue: $78.1 Mln vs. $75.6 Mln last year.
For comments and feedback: editorial@rttnews.com