Gilat Satellite Networks (GILT) Reports Q3 Loss of $0.20/Share

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Gilat Announces Third Quarter 2015 Results

November 18, 2015 7:47 AM EST

PETAH TIKVA, Israel, Nov. 18, 2015 (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, 2015.

Key Financial Updates:

Revenues for the third quarter of 2015 were $40.3 million compared to $44.3 million in the second quarter of 2015 and $57.1 million in the comparable period of 2014.EBITDA for the third quarter of 2015 was a loss of $3.4 million compared to a loss of... More