Gilat Satellite Networks (NASDAQ: GILT) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.04 by 350 percent. This is a 500 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $110.474 million which missed the analyst consensus estimate of $114.559 million by 3.57 percent. This is a 20.03 percent increase over sales of $92.037 million the same period last year.