Benzinga | Nov 9, 2021 11:35AM EST

Gilat Satellite Networks Q3 EPS $0.01 Beats $(0.01) Estimate, Sales $49.90M Miss $61.82M Estimate

Gilat Satellite Networks (NASDAQ:GILT) reported quarterly earnings of $0.01 per share which beat the analyst consensus estimate of $(0.01) by 200 percent. This is a 120 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $49.90 million which missed the analyst consensus estimate of $61.82 million by 19.28 percent. This is a 33.89 percent increase over sales of $37.27 million the same period last year.