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Date | Price Target | Rating | Analyst |
---|---|---|---|
9/26/2024 | Outperform | William Blair | |
6/27/2023 | $7.00 | Buy | Needham |
PETAH TIKVA, Israel, Aug. 12, 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 multimillion dollar contract by Israel's Ministry of Defense for the delivery and integration of satellite communication systems and services. Deliveries are expected before the end of 2025. The contract includes the rapid deployment of advanced SATCOM systems tailored to meet the operational requirements of Israel's defense forces. These systems are developed and engineered for operation in harsh and unpredictable environme
Revenues Increased by 37%; GAAP Operating Income of $5.7 Million; Adjusted EBITDA of $11.8 Million Raises Midpoint of 2025 Revenue and EBITDA Guidance PETAH TIKVA, Israel, Aug. 06, 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 second quarter, ended June 30, 2025. Second Quarter 2025 Financial Highlights Revenues of $105 million, up 37% compared with $76.6 million in Q2 2024;GAAP operating income of $5.7 million, compared with GAAP operating income of $2.8 million in Q2 2024;Non-GAAP operating income of $9.3 million, compared with $7.3 mi
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 participants on August 11, 2025, at 9:55 am Eastern Time. To schedule a meeting with Mr. Sfadia, please contact an Oppenheimer representative or email a request to the Gilat investor
William Blair initiated coverage of Gilat Satellite with a rating of Outperform
Needham initiated coverage of Gilat Satellite with a rating of Buy and set a new price target of $7.00
6-K - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
6-K - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
6-K - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
Revenues Increased by 37%; GAAP Operating Income of $5.7 Million; Adjusted EBITDA of $11.8 Million Raises Midpoint of 2025 Revenue and EBITDA Guidance PETAH TIKVA, Israel, Aug. 06, 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 second quarter, ended June 30, 2025. Second Quarter 2025 Financial Highlights Revenues of $105 million, up 37% compared with $76.6 million in Q2 2024;GAAP operating income of $5.7 million, compared with GAAP operating income of $2.8 million in Q2 2024;Non-GAAP operating income of $9.3 million, compared with $7.3 mi
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 and participate in a question and answer session: Date:Wednesday, August 6, 2025Start:09:30 AM EST / 16:30 IST A simultaneous webcast of the conference call will be available through t
Revenues Increased 21% Year-over-Year with Adjusted EBITDA of $7.6 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 $76.1million in Q12024;GAAP operating loss of $2.7 million,compared with GAAP operating income of $5.4 million in Q1 2024 mainly due to a loss of about $3.6 million from Gilat Stellar Blu's ramp up process, amortization of purchased intangibl
PETAH TIKVA, Israel, March 04, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a global leader in satellite networking technology, solutions, and services and Waveform Architecture for Virtualized Ecosystems (WAVE) Consortium are proud to announce the appointment of Dubi Lever, Chief Technology Officer (CTO) at Gilat Satellite Networks, as the new Chair of the WAVE Board. Lever, who brings over 27 years of experience at Gilat, steps into this role with a clear vision for advancing the WAVE mission: transforming the satellite communications (SATCOM) industry through open, interoperable, and virtualized networks. Formed under the auspices of IEEE-ISTO, WA
PETAH TIKVA, Israel, Dec. 30, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT))), a worldwide leader in satellite networking technology, solutions and services, announced today that the board of directors approved the appointment of Gil Benyamini as Gilat's CFO effective February 1st, 2022. Bosmat Halpern will assist the Company in the transition as she steps down from her role as Gilat's CFO. Gil Benyamini joins Gilat with a wealth of experience most recently from Panaxia Pharmaceutical Industries (TASE:PNAX), where he served for the past four years as CFO. In this position he was part of the core management team successfully leading the company RTO into
Believes Shareholders Have Lost Confidence in Company's Leadership – As Evidenced by Double-Digit Decline in Share Price after Announcement of Planned Appointment of Michael Porcelain as CEO and Disappointing FY21 Results Highlights Company's Long-Term Underperformance, Strategic Inattention, and History of Failed M&A Strategy Remains Open to Constructive Resolution, Despite Comtech's Unfortunate Misrepresentation of Engagement with Outerbridge to Date Outerbridge Nominees Would Bring Essential Experience and Expertise to Comtech Board and Help Unlock the Company's Substantial Intrinsic Value Outerbridge Capital Management, LLC ("Outerbridge"), a beneficial owner of approximately 4.95%
SC 13G/A - GILAT SATELLITE NETWORKS LTD (0000897322) (Subject)
SC 13G/A - GILAT SATELLITE NETWORKS LTD (0000897322) (Subject)
SC 13G/A - GILAT SATELLITE NETWORKS LTD (0000897322) (Subject)