Gilat Satellite Networks Ltd (GILTF) reported a profit for its fourth quarter that increased from the same period last year
The company's bottom line totaled $11.80 million, or $0.21 per share. This compares with $3.40 million, or $0.06 per share, last year.
Excluding items, Gilat Satellite Networks Ltd reported adjusted earnings of $8.50 million or $0.15 per share for the period.
The company's revenue for the period rose 3.3% to $78.10 million from $75.60 million last year.
Gilat Satellite Networks Ltd earnings at a glance (GAAP) :
-Earnings: $11.80 Mln. vs. $3.40 Mln. last year.
-EPS: $0.21 vs. $0.06 last year.
-Revenue: $78.10 Mln vs. $75.60 Mln last year.
FY25 Revenue Guidance: $415 Mln - $455 Mln
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