Gilat Satellite Q3 Earnings Report

Investing.com – Gilat Satellite (NASDAQ: GILT) reported third quarter EPS of $0.020, which is $0.05 worse than the analyst estimate of $0.070. Revenue for the quarter was $74.6M, compared to the consensus estimate of $77.25M.

Guidance

Gilat Satellite projects FY 2024 revenue between $305.000M and $315.000M, below the analyst consensus of $330.900M.

Gilat Satellite's stock closed at $5.65, showing a 20.990% increase over the last 3 months, but a -8.430% decline in the last 12 months.

The company has seen both positive and negative EPS revisions over the last 90 days. InvestingPro rates Gilat Satellite's financial health as "great performance".

For more details, check Gilat Satellite's recent earnings performance and financials.

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