William Blair initiated coverage on Gilat Satellite
$GILT
Radio And Television Broadcasting And Communications Equipment
Technology
William Blair initiated coverage of Gilat Satellite with a rating of Outperform
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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, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions and services, announced today that Gilat DataPath has received orders of more than $7 million to provide additional Transportable SATCOM Terminals to the U.S. Army through a prime contractor. The orders include multiple units of the DKET 3421 transportable terminal along with associated support services, with deliveries scheduled for completion before the end of 2025. Gilat DataPath's WGS-certified DKET 3421 is a combat-proven, rugged terminal designed to meet the most demanding mission requirements. Featuring mu
PETAH TIKVA, Israel, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions and services, announced today the AI transformation of its Network Management System (NMS), integrating Model Context Protocol (MCP). The new AI capabilities are available immediately. This integration introduces a new NMS-MCP, which acts as a gateway between the NMS and AI agents. The NMS-MCP supports authentication, licensing, and secure communication, ensuring compliance and operational integrity. AI Models of GPT Series 4, 5 and 5 mini as well as o3, o4, o4 mini and Claude Sonnet 4 are available for interfaci
PETAH TIKVA, Israel, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions and services, announced today that Gilat DataPath (DataPath, Inc.) was awarded a contract to provide Transportable SATCOM Terminals in support of the U.S. Department of Defense through a prime contractor. The award includes multiple units of Gilat DataPath's popular DKET 3421 transportable terminals and support services totaling over $7 million. Deliveries are expected by the end of 2025. Gilat DataPath's DKET 3421 is a fully field-proven, rugged solution to its customers' needs for a high quality, reliable
6-K - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
6-K - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
144 - GILAT SATELLITE NETWORKS LTD (0000897322) (Subject)
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
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
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)
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%