Gilat Defense integrates technologies from Gilat, Gilat DataPath, Gilat Wavestream & Gilat Stellar Blu to deliver mission-critical defense solutions and servicesPETAH TIKVA, Israel, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced the formation of its new Defense Division, a strategic move designed to target the increasing demand for government and defense SATCOM solution ...

Gilat Satellite Networks Ltd. (NASDAQ:GILT) Q4 2024 Earnings Conference Call February 12, 2025 9:30 AM ET Company Participants Mayrav Sher - Head of Finance and IR Adi Sfadia - CEO Gil Benyamini - CFO Conference Call Participants Sergey Gleimyamov - Freedom Brokers Louie DiPalma - William Blair Ryan Koontz - Needham & Company Chris Quilty - Quilty Space Gunther Karger - Discovery Group Operator Ladies and gentlemen, thank you for standing by. Welcome to Gilat's Fourth Quarter 2024 Results Conference Call. A ...

Gilat Satellite Networks Ltd. (NASDAQ:GILT) Q4 2024 Earnings Conference Call February 12, 2025 9:30 AM ET Company Participants Mayrav Sher - Head of Finance and IR Adi Sfadia - CEO Gil Benyamini - CFO Conference Call Participants Sergey Gleimyamov - Freedom Brokers Louie DiPalma - William Blair Ryan Koontz - Needham & Company Chris Quilty - Quilty Space Gunther Karger - Discovery Group Operator Ladies and gentlemen, thank you for standing by. Welcome to Gilat's Fourth Quarter 2024 Results Conference Call. [ ...

Q4 Revenue of $78.1 million, GAAP Operating Income of $12.8 million and Adjusted EBITDA of $12.1 million 2024 Revenue of $305.4 million, GAAP Operating Income of $27.7 million and a 25-year Record Adjusted EBITDA of $42.2 million Expects 2025 Revenues to increase by 36%-50% Announces New Reporting Segments PETAH TIKVA, Israel, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today report ...

Gilat Satellite Networks Ltd. (GILT) is scheduled to report fourth-quarter 2024 results on Feb. 12.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for fourth-quarter earnings per share (EPS) has been steady at 14 cents in the past 60 days, suggesting growth of 27.3% from the year-ago quarter’s figure. The consensus mark for revenues is pegged at $83.7 million, indicating a rise of 10.7% from the year-earlier quarter’s actuals. In the last reported quarte ...

Gilat Satellite Networks Ltd. (GILT) recently announced that its wholly owned U.S.-based subsidiary, Gilat DataPath, has secured $4 million in contracts from global defense clients. The orders include the CCT200, CCT120 and QCT90 portable satellite terminals, which will be delivered over the next year.The advanced antenna technology in the CCT200, CCT120 and QCT90 ensures high-speed and reliable connectivity, even in difficult operational conditions. Increasing exposure and rising demand for Gilat DataPath’ ...

PETAH TIKVA, Israel, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that its wholly owned US-based subsidiary, Gilat DataPath, has been awarded $4M contracts from global Defense customers. These orders, for the company's CCT200, CCT120 and QCT90 portable terminals, are slated for delivery over the next 12 months. Gilat DataPath's C-Series and Q-Series Portable Satellite Ante ...

Contracts and Revenue Growth - Gilat Satellite Networks' subsidiary, Gilat DataPath, secured contracts exceeding $5 million from the US Department of Defense and international defense forces, involving DKET terminals and Field Service Representative support [1] - Gilat's revenues increased 17% year over year to $74.6 million in the last reported quarter, driven by acquisitions and strong demand for defense and in-flight connectivity solutions [5] - Gilat received $3 million in orders for Gateway Solid State Power Amplifiers (SSPAs) and $9 million in orders for SkyEdge IV and SkyEdge II-c communication platforms [6] Defense Sector and Market Position - Gilat DataPath is recognized as a trusted partner for defense organizations, providing reliable, high-quality support for mission-critical systems [2] - The company's equipment is effectively deployed and maintained on-site, ensuring reliable communication for national and international defense organizations [3] - Gilat's strength in the defense sector is bolstered by growing demand for defense SATCOM solutions due to NGSO expansion and geopolitical events [4] Acquisitions and Future Prospects - Gilat completed the acquisition of Stellar Blu Solutions, a premium provider of advanced SATCOM terminal solutions, expected to generate $120-$150 million in revenues in 2025 [7] - Stellar Blu's EBITDA margin is projected to exceed 10% once it reaches full manufacturing capacity in late 2025 [7] Stock Performance and Industry Comparison - Gilat's stock price surged 49.1% in the past six months, outperforming the industry's growth of 29.7% [8] - Other technology stocks like Ubiquiti Inc, InterDigital Inc, and Intrusion Inc have shown strong performance, with Ubiquiti's shares surging 143.3% in the past six months [9][10][11][12]

PETAH TIKVA, Israel, Jan. 22, 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 fourth quarter and full year 2024 financial results on Wednesday, February 12, 2025. Conference Call and Webcast Following the release, Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will discuss Gilat’s fourth quarter and full year 2024 result ...

Technical and Field Services to Ensure Reliable, Mission-Critical Communications WorldwidePETAH TIKVA, Israel, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that its wholly owned US-based subsidiary, Gilat DataPath, has been awarded over $5 Million in contracts from the US Department of Defense (DoD) and additional international Defense Forces. These contracts, for DKET ter ...