Gilat Satellite earnings missed by $0.05, revenue fell short of estimates

Gilat Satellite (NASDAQ: GILT ) reported third quarter EPS of $0.020, $0.05 worse than the analyst estimate of $0.070. Revenue for the quarter came in at $74.6M versus the consensus estimate of $77.25M. Guidance



Gilat Satellite sees FY 2024 revenue of $305.000M-$315.000M versus the analyst consensus of $330.900M.





Gilat Satellite's stock price closed at $5.65. It is up 20.990% in the last 3 months and down -8.430% in the last 12 months.

Gilat Satellite saw positive EPS revisions and negative EPS revisions in the last 90 days. See Gilat Satellite's stock price’s past reactions to earnings here.

According to InvestingPro, Gilat Satellite's Financial Health score is "great performance".

Check out Gilat Satellite's recent earnings performance , and Gilat Satellite's financials here.

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Source: Investing.com