Gilat Satellite Networks (GILT) Scheduled to Post Quarterly Earnings on Wednesday

Gilat Satellite Networks (NASDAQ:GILT) is set to announce its earnings results before the market opens on Wednesday, May 8th. Investors that are interested in registering for the company’s conference call can do so using this link.

Gilat Satellite Networks (NASDAQ:GILT) last announced its quarterly earnings data on Monday, February 26th. The communications equipment provider reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. Gilat Satellite Networks had a return on equity of 7.42% and a net margin of 8.83%. The company had revenue of $75.61 million during the quarter.

Gilat Satellite Networks Price Performance

Shares of NASDAQ:GILT opened at $4.95 on Wednesday. Gilat Satellite Networks has a one year low of $4.78 and a one year high of $7.16. The stock has a fifty day moving average of $5.61 and a 200-day moving average of $5.99. The company has a market capitalization of $282.25 million, a PE ratio of 11.79 and a beta of 0.59. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.60 and a current ratio of 1.90.

Analyst Ratings Changes

Separately, StockNews.com downgraded Gilat Satellite Networks from a “strong-buy” rating to a “buy” rating in a research report on Monday, April 15th.

About Gilat Satellite Networks

Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services.