Gilat Satellite Networks .-Gilat Satellite (GILT) Q1 Earnings and Revenues Lag Estimates

Gilat Satellite (GILT) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of$ 0.07 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -57.14%. A quarter ago, it was expected that this satellite broadband communications company would post earnings of$ 0.14 per share when it actually produced earnings of $0.15, delivering a surprise of 7.14%.Over t ...