Gilat Satellite Network (GILT) is a Zacks Rank #2 (Buy) that has an A for Value and an A for Growth.  The company is a leading provider of satellite based broadband communications. This company is a leader in the “very small aperture terminal satellite communications” sector.  There has been a lot of hype around Space X – including Fidelity Investments increasing its stake in that company by 32% and a tender offer for $350B for the entire company.  The success of space X and its fleet of satellites has brou ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks ...

Gilat Satellite (GILT) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this satellite broadband communications company, should get reflected in its stock price. After all, empirical research shows a strong ...

After reaching an important support level, Gilat Satellite Networks Ltd. (GILT) could be a good stock pick from a technical perspective. GILT recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average. Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover in ...

Gilat Satellite Networks Ltd. (NASDAQ:GILT) Q3 2024 Earnings Conference Call November 13, 2024 9:30 AM ET Company Participants Mayrav Sher - Head of Finance and Investor Relations Adi Sfadia - Chief Executive Officer Gil Benyamini - Chief Financial Officer Conference Call Participants Ryan Koontz - Needham & Company Louie DiPalma - William Blair Chris Quilty - Quilty Analytics Gunther Karger - Discovery Group Operator Ladies and gentlemen, thank you for standing by. Welcome to Gilat's Third Quarter 2024 Res ...

Revenues Increased by 17% Year-over-Year GAAP Operating Income of $6.7 Million Adjusted EBITDA of $10.7 Million PETAH TIKVA, Israel, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the third quarter, ended September 30, 2024. Third Quarter 2024 Financial Highlights Revenues of $74.6 million, up 17% compared with $63.9 million in Q3 2023;GAAP operating inc ...

PETAH TIKVA, Isreal, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that it has been awarded contracts valued at approximately $5 million from multiple U.S. based defense organizations. These orders are for Gilat's cutting-edge satellite communications (SATCOM) technologies and comprehensive services, set to enhance mission-critical connectivity and operational capabili ...

PETAH TIKVA, Israel, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that the US Department of Defense awarded another contract for more than $4 million to Gilat’s US-based subsidiary, DataPath, for DKET 3421 terminals, portable satcom hubs that provide the flexibility, capacity, connectivity, and control needed to ensure mission success anywhere in the world. The orders ...

PETAH TIKVA, Israel, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today its attendance at the APEX/IFSA Global Expo in Long Beach, California, from October 28-30, 2024. Gilat is inviting participants to schedule meetings to discuss their in-flight connectivity (IFC) needs and explore how Gilat’s advanced ESA (Electronically Steered Antenna), SSPA (Solid-State Power Amplif ...

PETAH TIKVA, Israel, Oct. 21, 2024 (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 third quarter 2024 financial results on Wednesday, November 13th, 2024. Conference Call and Webcast Following the release, Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will discuss Gilat’s third quarter 2024 results and business achievements ...