Gilat: Q2 Earnings Snapshot

PETAH TIKVA, Israel (AP) — PETAH TIKVA, Israel (AP) — Gilat Satellite Networks Ltd. (GILT) on Wednesday reported net income of $1.3 million in its second quarter.

On a per-share basis, the Petah Tikva, Israel-based company said it had net income of 2 cents. Earnings, adjusted for non-recurring costs, were 10 cents per share.

The satellite broadband communications company posted revenue of $76.6 million in the period.

Gilat expects full-year revenue in the range of $305 million to $325 million.

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