Skip to main content

Gilat: Q4 Earnings Snapshot

PETAH TIKVA, Israel (AP) — PETAH TIKVA, Israel (AP) — Gilat Satellite Networks Ltd. (GILT) on Tuesday reported net income of $8.8 million in its fourth quarter.

The Petah Tikva, Israel-based company said it had net income of 13 cents per share. Earnings, adjusted for non-recurring costs, were 20 cents per share.

The satellite broadband communications company posted revenue of $137 million in the period.

For the year, the company reported profit of $20.7 million, or 34 cents per share. Revenue was reported as $451.7 million.

Gilat expects full-year revenue in the range of $500 million to $520 million.

_____

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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary