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Gilat Satellite Networks Full Year 2022 Earnings: EPS Misses Expectations

Gilat Satellite Networks (NASDAQ:GILT) Full Year 2022 Results

Key Financial Results

  • Revenue: US$239.8m (up 12% from FY 2021).

  • Net loss: US$5.93m (loss widened by 96% from FY 2021).

  • US$0.10 loss per share (further deteriorated from US$0.054 loss in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Gilat Satellite Networks EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

The company's shares are down 1.6% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Gilat Satellite Networks that you need to be mindful of.

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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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