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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.

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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