Gilat Telecom Global Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 12.58 million compared to USD 10.44 million a year ago. Net income was USD 0.246 million compared to net loss of USD 1.12 million a year ago. Basic earnings per share from continuing operations was USD 0.004 compared to basic loss per share from continuing operations of USD 0.019 a year ago. Diluted earnings per share from continuing operations was USD 0.004 compared to diluted loss per share from continuing operations of USD 0.019 a year ago.
For the six months, sales was USD 23.86 million compared to USD 20.99 million a year ago. Net income was USD 0.008 million compared to net loss of USD 2.69 million a year ago.