Benzinga | Aug 31, 2020 07:07AM EDT

Gilat Satellite Networks Q2 Adj. EPS $(0.06) Down From $0.09 YoY, Sales $38.30M Down From $59.69M YoY

Gilat Satellite Networks (NASDAQ:GILT) reported quarterly losses of $(0.06) per share. This is a 166.67 percent decrease over earnings of $0.09 per share from the same period last year. The company reported $38.30 million in sales this quarter. This is a 35.83 percent decrease over sales of $59.69 million the same period last year.