Gilat Satellite Networks Q2 Adj $0.09 Up From $0.03 YoY, Sales $67.59M Up From $55.45M YoY
Portfolio Pulse from Benzinga Newsdesk
Gilat Satellite Networks (NASDAQ:GILT) reported Q2 earnings of $0.09 per share, a 200% increase YoY. The company also reported sales of $67.59M, a 21.88% increase YoY.
August 08, 2023 | 11:12 am
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POSITIVE IMPACT
Gilat Satellite Networks reported a significant increase in Q2 earnings and sales YoY. This positive financial performance could potentially boost the company's stock price in the short term.
The company's Q2 earnings and sales have significantly increased compared to the same period last year. This indicates a strong financial performance, which is a positive signal to investors and could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100