Gilat Telecom Global Third Quarter 2024 Earnings: EPS: US$0.015 (vs US$0.004 loss in 3Q 2023)

Gilat Telecom Global (TLV:GLTL) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$19.3m (up 55% from 3Q 2023).
• Net income: US$1.07m (up from US$232.0k loss in 3Q 2023).
• Profit margin: 5.5% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
• EPS: US$0.015 (up from US$0.004 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Gilat Telecom Global shares are up 5.8% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Gilat Telecom Global that you need to be mindful of.

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