Gilat Reports Third Quarter 2024 Results
Gilat Satellite Networks Ltd. - Ordinary Shares (GILT)
US:NASDAQ Investor Relations:
gilat.com/investor-relations
Company Research
Source: GlobeNewswire
Revenues Increased by 17% Year-over-Year GAAP Operating Income of $6.7 Million Adjusted EBITDA of $10.7 Million PETAH TIKVA, Israel, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the third quarter, ended September 30, 2024. Third Quarter 2024 Financial Highlights Revenues of $74.6 million, up 17% compared with $63.9 million in Q3 2023;GAAP operating income of $6.7 million, compared with $12.7 million in Q3 2023; GAAP operating income includes other income, net, of $1.3 million. Q3 2023 GAAP operating income included other income, net, of $7.4 million; Non-GAAP operating income of $8.3 million, up 36% compared with $6.1 million in Q3 2023;GAAP net income of $6.8 million, or $0.12 per diluted share, compared with $10.2 million, or $0.18 per diluted share, in Q3 2023; GAAP net income includes other income, net, of $1.3 million
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News
- Retail investors who hold 52% of Gilat Satellite Networks Ltd. (NASDAQ:GILT) gained 11%, institutions profited as well [Yahoo! Finance]Yahoo! Finance
- Bull Of The Day: Gilat Satellite Network (GILT) [Yahoo! Finance]Yahoo! Finance
- Here is Why Growth Investors Should Buy Gilat (GILT) Now [Yahoo! Finance]Yahoo! Finance
- Earnings Estimates Rising for Gilat (GILT): Will It Gain? [Yahoo! Finance]Yahoo! Finance
- Gilat Satellite (GILT) Just Flashed Golden Cross Signal: Do You Buy? [Yahoo! Finance]Yahoo! Finance
GILT
Earnings
- 11/13/24 - Beat
GILT
Sec Filings
- 12/12/24 - Form 6-K
- 11/14/24 - Form SC
- 11/13/24 - Form 6-K
- GILT's page on the SEC website