Gilat Satellite Networks Ltd. [NASDAQ: GILT], a worldwide developer in satellite networking technology, solutions and services, today reported its results for the quarter ending September 30, 2011.
Year-over-year Key Highlights (comparable quarter):
- Quarterly revenues of $83.9 million, up 45 percent
- Gross margin (non-GAAP) up from 35 percent to 37 percent
- Operating income (non-GAAP) up from $1.0 million to $4.3 million
- EBITDA of $8.1 million, up from EBITDA of $4.4 million
The entire financial report can be found here.