SatixFy Communications Ltd. (SATX) Reports Q1 Loss, Tops Revenue Estimates

SatixFy Communications Ltd. (SATX) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this company would post a loss of $0.07 per share when it actually produced a loss of $0.13, delivering a surprise of -85.71%.Over the last four quarters, the company ...