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Gilat: 3Q Earnings Snapshot

PETAH TIKVA, Israel (AP) _ Gilat Satellite Networks Ltd. (GILT) on Monday reported third-quarter profit of $8.7 million.

On a per-share basis, the Petah Tikva, Israel-based company said it had profit of 16 cents. Earnings, adjusted for one-time gains and costs, were 9 cents per share.

The satellite broadband communications company posted revenue of $62.8 million in the period.

Gilat shares have risen 39 percent since the beginning of the year. The stock has increased 39 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