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Gilat: 2Q Earnings Snapshot

PETAH TIKVA, Israel (AP) _ Gilat Satellite Networks Ltd. (GILT) on Tuesday reported second-quarter earnings of $2.2 million.

On a per-share basis, the Petah Tikva, Israel-based company said it had net income of 4 cents. Earnings, adjusted for one-time gains and costs, were 7 cents per share.

The satellite broadband communications company posted revenue of $66.5 million in the period.

Gilat shares have increased 17 percent since the beginning of the year. The stock has risen 69 percent in the last 12 months.


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