Gilat: Q1 Earnings Snapshot
By AP News - May 19, 2025, 12:39 PM ET
Last Updated - May 19, 2025, 12:39 PM EDT
PETAH TIKVA, Israel (AP) — PETAH TIKVA, Israel (AP) — Gilat Satellite Networks Ltd. (GILT) on Monday reported a loss of $6 million in its first quarter.
On a per-share basis, the Petah Tikva, Israel-based company said it had a loss of 11 cents. Earnings, adjusted for non-recurring costs, came to 3 cents per share.
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The satellite broadband communications company posted revenue of $92 million in the period.
Gilat expects full-year revenue in the range of $415 million to $455 million.
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