Gilat Satellite Networks .(GILT)

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Gilat to Present at the 28th Annual Oppenheimer Technology, Internet & Communications Virtual Conference on Monday, August 11
Globenewswire· 2025-07-31 11:02
PETAH TIKVA, Israel, July 31, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced it will be presenting at the 28th Annual Oppenheimer Technology, Internet & Communications Virtual Conference on Monday, August 11, 2025. Mr. Adi Sfadia, the Company’s CEO, will be available for one-on-one meetings with investors on August 11 and 12. The company will give a presentation to conference p ...
Gilat Awarded Over $8 Million from Israel's Ministry of Defense for Strategic Defense Communication Solutions
Globenewswire· 2025-07-29 11:04
PETAH TIKVA, Israel, July 29, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its defense division, Gilat Defense, has been awarded a contract valued at over $8 million by Israel’s Ministry of Defense for the delivery and integration of satellite communication systems and services. Deliveries are expected in the next 12 months. The contract includes deployment of advanced SA ...
Gilat Awarded Approximately $60 Million to Provide Digital Inclusion Solutions in Peru
Globenewswire· 2025-07-22 11:03
New infrastructure will deliver 200 Mbps internet to public institutions, meeting the demands for a connected societyPETAH TIKVA, Israel, July 22, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its Peruvian subsidiary, Gilat Perú, has been awarded approximately $60 million in orders from Pronatel (Programa Nacional de Telecomunicaciones), Peru’s national telecommunications ...
Gilat to Report Second Quarter 2025 Results on Wednesday, August 6th
Globenewswire· 2025-07-21 11:05
PETAH TIKVA, Israel, July 21, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that it will release its second quarter 2025 financial results on Wednesday, August 6th, 2025. Conference Call and Webcast Following the release, Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will discuss Gilat’s second quarter 2025 results and business achievements an ...
Bear Of The Day: Gilat Satellite Networks (GILT)
ZACKS· 2025-07-16 15:01
Core Viewpoint - Gilat Satellite Networks (GILT) is currently rated as Zacks Rank 5 (Strong Sell) following a recent earnings miss, despite a subsequent rise in stock price [1]. Company Overview - Gilat Satellite Networks Ltd. specializes in broadband satellite communication and networking solutions, operating through three segments: Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects [2]. - The Fixed Networks segment offers advanced fixed broadband satellite communication networks and associated services, while the Mobility Solutions segment provides satellite communications equipment for various applications [2]. - The company was founded in 1987 and is headquartered in Petah Tikva, Israel [2]. Earnings History - The company has beaten the Zacks Consensus Estimate in two of the last four quarters, indicating mixed performance in meeting market expectations [4]. - Consistent earnings beats are generally favorable, but they do not solely determine the Zacks Rank [4]. Earnings Estimates - Recent trends show a decline in earnings estimates for Gilat Satellite Networks, with the current fiscal year consensus dropping from $0.50 to $0.33 over the past 60 days, and the next year's estimate decreasing from $0.76 to $0.72 [5]. - The negative movement in earnings estimates is a significant factor contributing to the stock's Zacks Rank of 5 (Strong Sell) [5]. - A broader trend in the Zacks universe indicates that many stocks are experiencing negative earnings estimate revisions, leading to a similar ranking [6].
Gilat Awarded More Than $7 Million to Provide the U.S. Army With Services in Support of Mission-Critical Communications
Globenewswire· 2025-07-16 11:05
This initial award can potentially grow up to $70 million as part of the agreement spanning a period of up to 5 yearsPETAH TIKVA, Israel, July 16, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that Gilat DataPath (DataPath Inc.) a wholly owned subsidiary of Gilat Defense, has been awarded a contract to provide field and technical services in support of the U.S. Army through a p ...
Gilat Satellite: The Market Is Yet To Price In Its Solid Fundamentals
Seeking Alpha· 2025-07-09 17:20
Company Overview - Gilat Satellite Networks Ltd. (NASDAQ: GILT) is expected to enhance shareholder value through its commercial segment following the acquisition of Stellar Blu [1]. Analyst Background - The analyst has a self-taught background in equity analysis and runs a consultation firm in South Africa, focusing on estimating the value of construction projects [1]. - Over the past five years, the analyst has engaged in retail investing and has been influenced by the works of Ben Graham and Joel Greenblatt, while also developing data analytics skills [1]. Investment Style - The investment style of the analyst is characterized by a focus on value, high quality, and long/short strategies, particularly in mid and small-cap companies [1]. Platform Utilization - Seeking Alpha is utilized as a platform for sharing research and analysis, allowing for interaction with fellow retail investors and analysts for constructive feedback [1].
Gilat Awarded Over $22 Million in Orders from Tier One Satellite Operators
Globenewswire· 2025-07-09 11:04
Core Insights - Gilat Satellite Networks Ltd. has received over $22 million in orders from leading satellite operators globally, scheduled for delivery over the next 12 months [1][2][4] Group 1: Company Overview - Gilat is a global leader in satellite networking technology, solutions, and services, with over 35 years of experience [5] - The company offers a comprehensive portfolio that includes cloud-based platforms, high-performance satellite terminals, and advanced antennas [6] Group 2: Market Demand and Applications - The new orders reflect Gilat's increasing role in providing advanced connectivity across GEO, MEO, and LEO constellations, particularly in the In-Flight Connectivity (IFC) market [2][4] - Gilat's products support various applications, including government and defense, broadband access, cellular backhaul, and critical infrastructure [7] Group 3: Strategic Partnerships and Innovation - The ongoing partnerships with leading satellite operators highlight Gilat's critical role in the evolution of satellite connectivity [4] - The company continues to innovate across its multi-orbit portfolio to meet the growing global demand for broadband and mobility [4]
Gilat Satellite Networks (GILT) Fireside Chat Transcript
2025-06-18 01:00
Gilat Satellite Networks (GILT) Fireside Chat June 17, 2025 08:00 PM ET Speaker0 Hello, I'm Jay Wood, Chief Global Strategist of Freedom Capital Markets. Thank you for joining us again for our latest installment of Freedom Fireside Chats. And speaking of joining us again, we're very happy to have President of Gilat's Commercial Division, Ron Levin joining us with a nice announcement. Ron, thanks for joining us. Speaker1 Thanks for having me again, Jay. Speaker0 You just announced a $40,000,000 contract? Spe ...
GILT Wins Orders Worth $27M for Stellar Blu ESA Terminals Portfolio
ZACKS· 2025-06-11 15:05
Core Insights - Gilat Satellite Networks Ltd. (GILT) has secured $27 million in new orders for its advanced electronically steered antenna (ESA) terminal technology, with deliveries planned primarily over the next 12 months [1][11]. Company Performance - The Gilat Stellar Blu ESA terminal is gaining traction in the aviation industry due to its compact design, high performance, and multi-orbit capability, catering to the demand for seamless in-flight connectivity [2]. - In Q1 2025, Gilat reported adjusted earnings per share of 3 cents, down from 11 cents a year ago, while revenues reached $92 million, reflecting a 21% increase year over year, primarily driven by the Commercial segment and the acquisition of Stellar Blu [6][8]. - Commercial revenues accounted for 70% of net sales in Q1 2025, rising 56% year over year, largely due to the Stellar Blu acquisition, which contributed $25 million in revenues [8][11]. - The Defense segment also showed strong performance, with revenues increasing 34% year over year, supported by robust delivery volumes to defense customers in the United States and Asia [8]. Market Trends - The market for airborne connectivity solutions is experiencing robust growth, driven by strong investment across various sectors, indicating a rising global demand for advanced communication technologies [3][5]. - Gilat's Defense unit is benefiting from increased global investment in secure communication technologies, positioning the company to capitalize on geopolitical uncertainties and the need for enhanced communication infrastructure [7]. Future Outlook - Management projects 2025 revenues to be between $415 million and $455 million, with adjusted EBITDA expected to range from $47 million to $53 million [9]. - Despite the positive outlook, the company faces challenges from global macroeconomic uncertainty and changing international trade policies [9].