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Gilat's Strategic Acquisitions Fuel Growth Amid Slight Revenue Shortfall
Gilat Satellite Networks Ltd (NASDAQ:GILT) reported fiscal first-quarter 2024 revenue growth of 29% year-on-year to $76.08 million, missing the analyst consensus estimate of $77.10 million.
Adjusted EPS of $0.11 beat the analyst consensus estimate of $0.06.
Adjusted operating income was $6.6 million versus $5.3 million a year ago. ...