GILT - Gilat Satellite EPS beats by $0.02 misses on revenue

Gilat Satellite (NASDAQ:GILT): Q3 Non-GAAP EPS of $0.01 beats by $0.02; GAAP EPS of $0.00 beats by $0.01. Revenue of $49.91M (+33.8% Y/Y) misses by $11.91M. Shares +2.07% PM. Press Release Adjusted EBITDA of $4.0 million compared with adjusted EBITDA of $0.6 million in Q3 2020; and adjusted EBITDA of $2.5 million in the previous quarter; "Although the global supply chain presents challenges, so far we have been able to mitigate these issues and we hope that this will continue to be the case. Looking ahead, given the recent wins and awards as well as the strong and improving momentum we are seeing across our business, we are increasingly confident that we will show significant growth in the top line and in the Adjusted EBITDA, both in Q4 of this year and in 2022.” said Adi Sfadia, Gilat's CEO,

For further details see:

Gilat Satellite EPS beats by $0.02, misses on revenue