PETAH TIKVA, Israel (AP) _ Gilat Satellite Networks Ltd. (GILT) on Tuesday reported third-quarter net income of $168,000, after reporting a loss in the same period a year earlier.

The Petah Tikva, Israel-based company said it had net income of less than 1 cent on a per-share basis. Earnings, adjusted for stock option expense and non-recurring costs, were 1 cent per share.

The satellite broadband communications company posted revenue of $49.9 million in the period.

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