PETAH TIKVA, Israel (AP) — PETAH TIKVA, Israel (AP) — Gilat Satellite Networks Ltd. (GILT) on Monday reported earnings of $3.4 million in its fourth quarter.
On a per-share basis, the Petah Tikva, Israel-based company said it had profit of 6 cents. Earnings, adjusted for non-recurring costs, were 11 cents per share.
The satellite broadband communications company posted revenue of $75.6 million in the period.
For the year, the company reported profit of $23.5 million, or 41 cents per share. Revenue was reported as $266.1 million.
Gilat expects full-year revenue in the range of $305 million to $325 million.
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