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Gilat Satellite reports Q4 adjusted EPS 11c, consensus 7c
The Fly

Gilat Satellite reports Q4 adjusted EPS 11c, consensus 7c

Reports Q4 revenue $75.6M, consensus $75.98M. Adi Sfadia, Gilat’s CEO, commented: “We are pleased with the financial results, capping off a strong 2023 with $266 million in revenue, up 11% over last year, and very strong growth in EBITDA at $36.4M, up 44% over last year. This demonstrates the operating leverage inherent to our business model combined with a favorable product revenue mix during 2023.”

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