Gilat Reports Q2 2020 Results
(WorldNews Argentina)

Gilat Reports Q2 2020 Results Petah Tikva, Israel - August 31, 2020 - Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2020. Key Financial Highlights: Revenues for Q2 2020 totaled $3 million compared with $59.7 million for Q2 2019. Q2 2020 - GAAP operating loss was $3.5 million compared to operating income of $4.9 million in Q2 2019. Q2 2020 Non-GAAP operating loss was $2.6 million compared to Non-GAAP operating income of $6.3 in Q2 2019. Q2 2020 GAAP net loss was $4.2 million, or loss of $0.08 per diluted share, compared with net income of $3.4...