Gilat Satellite Networks Ltd. reported earnings results for the fourth quarter ended December 31, 2021. For the fourth quarter, the company reported sales was USD 67.27 million compared to USD 42.63 million a year ago. Net income was USD 2.38 million compared to USD 62.44 million a year ago.

Basic earnings per share from continuing operations was USD 0.04 compared to USD 1.12 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 1.12 a year ago.