Gilat Satellite Networks Ltd. ($GILT) 3Q20 Earnings Sneak Peek

Gilat Satellite Networks Ltd. (NASDAQ:GILT) is reporting third quarter financial results on Tuesday 10th November 2020, before market open.

Previous Quarter Performance

Gilat Satellite Networks Ltd. disclosed loss for the second quarter of $ 0.06 per share, from the revenue of $ 38.31 million.

Stock Performance

Shares of Gilat Satellite Networks Ltd. traded low $ -0.05 or -0.82 percent on Monday, reaching $ 6.03 with volume of 542.60 thousand shares. Gilat Satellite Networks Ltd. has traded high as $ 6.30 and has cracked $ 6.03 on the downward trend

According to the previous trading day, closing price of $ 6.03, representing a 29.36 % increase from the 52 week low of $ 4.70 and a 43.49 % decrease over the 52 week high of $ 10.76.

The company has a market capital of $ 334.78 million and is part of the Technology sector and Communication Equipment industry.

Conference Call

Gilat Satellite Networks Ltd. will be hosting a conference call at 9:30 AM eastern time on 10th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.gilat.com

Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions and services in Israel, Latin America, Asia, the Asia Pacific, North America, Africa, Europe, and CIS countries. It operates through three segments: Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services.

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