Gilat: Q2 Earnings Snapshot

PETAH TIKVA, Israel (AP) — PETAH TIKVA, Israel (AP) — Gilat Satellite Networks Ltd. (GILT) on Wednesday reported profit of $8.1 million in its second quarter.

The Petah Tikva, Israel-based company said it had net income of 10 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 20 cents per share.

The satellite broadband communications company posted revenue of $122.7 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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