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Gilat Reports First Quarter 2025 Results
GILTGilat Satellite Networks .(GILT) GlobeNewswire News Room·2025-05-19 11:21

Revenues Increased 21% Year-over-Year with Adjusted EBITDA of 7.6MillionReiteratesGuidancefor2025PETAHTIKVA,Israel,May19,2025(GLOBENEWSWIRE)GilatSatelliteNetworksLtd.(NASDAQ:GILT,TASE:GILT),aworldwideleaderinsatellitenetworkingtechnology,solutionsandservices,todayreporteditsresultsforthefirstquarter,endedMarch31,2025.FirstQuarter2025FinancialHighlightsRevenuesof7.6 Million Reiterates Guidance for 2025 PETAH TIKVA, Israel, May 19, 2025 (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 first quarter, ended March 31, 2025. First Quarter 2025 Financial Highlights Revenues of 92million, up 21% compared with 76.1millioninQ12024;GAAPoperatinglossof76.1million in Q12024;GAAP operating loss of 2.7 million,c ...