- Gilat Satellite Networks Ltd (NASDAQ:GILT) had won multiple projects for armed forces in Latin America. Gilat offers turnkey solutions for fixed, airborne, maritime, and mobile military applications in Latin America via its long-time local partner, Newsat.
- The size of the contracts was not disclosed.
- Gilat provides multiple fixed and mobile communications solutions in Latin America to support the General Command, Army, Navy, Air Force security, diversity, and contingency needs.
- Gilat works closely with Latin America’s defense integrator Newsat to provide end-to-end projects, including installations and remote maintenance to the armed forces.
- Price action: GILT shares traded higher by 0.88% at $10.37 in the market session on the last check Wednesday.
JB Hunt Transport Servs Q2 EPS $1.61 Beats $1.55 Estimate, Sales $2.91B Beat $2.70B Estimate
JB Hunt Transport Servs (NASDAQ:JBHT) reported quarterly earnings of $1.61 per share which beat the analyst consensus estimate of $1.55 by 3.87 percent. This is a 41.23 percent increase over earnings of $1.14 per share