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Gilat Satellite Networks Expects FY24 Revenue of $305M-$325M Vs $291.62M Est

Author: Benzinga Newsdesk | February 26, 2024 07:36am

Management’s financial guidance for 2024 is for revenues of between $305 to $325 million, representing year-over-year growth of 18% at the midpoint. GAAP operating income is expected to be between $15 to $19 million, and Adjusted EBITDA is expected to be between $40 to $44 million, representing year-over-year growth of 15% at the mid-point.

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