In-line Q3. Overall revenues grew 17% but organic revenues declined for the second consecutive quarter (down 1%). AEBITDA improved 13% and beat our forecast by 4%.
Satellite Networks up 27%. Excluding Datapath, revenues declined 1% organically due to strong cellular backhaul sales in 2023. YTD revs are up 1% organically vs. 37% in growth from the year ago period.

Gilat Satellite Networks (GILT): 2024 Q3 Earnings Review & Financial Analysis

SKU: QS-CE-2024-Q3-Gilat_(GILT)

$500.00

Nov 28, 2024
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