Gilat: Q1 Earnings Snapshot

PETAH TIKVA, Israel (AP) — PETAH TIKVA, Israel (AP) — Gilat Satellite Networks Ltd. (GILT) on Tuesday reported net income of $5.6 million in its first quarter.

The Petah Tikva, Israel-based company said it had profit of 10 cents per share. Earnings, adjusted for non-recurring gains, were 7 cents per share.

The satellite broadband communications company posted revenue of $59 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GILT at https://www.zacks.com/ap/GILT

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