PETAH TIKVA, Israel (AP) _ Gilat Satellite Networks Ltd. (GILT) on Tuesday reported a loss of $5.1 million in its first quarter.
The Petah Tikva, Israel-based company said it had a loss of 9 cents per share.
The satellite broadband communications company posted revenue of $44.7 million in the period.
Gilat shares have climbed 56% since the beginning of the year. The stock has climbed 19% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GILT at https://www.zacks.com/ap/GILT
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