GILT - Dividend announcements

Fourth Quarter GAAP Net Profit of $62.4 million and Adjusted EBITDA of $1.1 millionNet Profit includes termination fees, net of costs Dov Baharav, Chairman of the Board, Announced His Plans to Step Down During 2021 PETAH TIKVA, Israel, Feb. 16, 2021 (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 fourth quarter and full year ended December 31, 2020. Fourth Quarter Financial Highlights Revenues of $42.6 million versus $78.3 million in Q4 2019 and improved from $37.3 million in the previous quarter;GAAP operating income of $62.7 million versus $9

PETAH TIKVA, Israel, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it has obtained tax ruling from the Israel Tax Authority with respect to the $0.63 per share dividend announced on December 30, 2020. In accordance with Israeli tax law, the Company will withhold 25% of the gross amount of the dividend paid to shareholders. The dividend payment may be subject to certain applicable exemptions (including the exemption for distribution of dividends to Israeli corporations that are exempt from Israeli withholding tax) and tax reliefs. The Company has obtai