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Satellite communications provider Gilat Satellite Networks on Tuesday reported first-quarter 2023 revenues of $59 million, up 15% from $51.4 million in Q1 2022. Adjusted EBITDA for the quarter saw a 236% year-over-year increase to $8.4 million compared with $2.5 million for the same period last year. WHY IT MATTERS: Gilat’s (NASDAQ: GILT/TASE:GILT) Satellite Networks business segment […]
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