Israel’s Gilat Reports Strong Year-over-Year Profitability Improvement in Q1 2017

Israel’s Gilat Reports Strong Year-over-Year Profitability Improvement in Q1 2017

Gilat Satellite Networks Ltd., a worldwide leader in satellite networking technology, solutions and services, reported on May 16, 2017, its results for the first quarter ended March 31, 2017. Key Financial Highlights: Revenues for Q1 2017 increased 21% to $63.9 million from $52.7 million in Q1 2016. Profitability continued to improve year-over-year: GAAP operating profitability…...

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