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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, March 27, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions, and services, announced that it has filed its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission containing audited consolidated financial statements for the year ended December 31, 2024. The annual report will be available on the Gilat website (www.gilat.com). Shareholders may receive a hard copy of the annual report free of charge upon request. About Gilat Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)) is a leading global provider of satellite-based broadband communications
PETAH TIKVA, Israel, March 05, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions and services, today announced its Defense Division secured an order valued at $6 million to provide the SkyEdge II-c platform to a military organization in the Asia-Pacific region. The advanced satellite communications solution will support both fixed and mobility sites, ensuring secure and reliable connectivity for critical defense operations with enhanced air interface cyber security. Delivery is expected over the next 3 months. Gilat's SkyEdge II-c platform is designed to meet the demanding requirements of m
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
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)
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 reported its unaudited results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Revenue of $78.1 million, up 3% compared with $75.6
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 results and business achievements and participate in a question-and-answer session: Date: Wednesday, February 12, 2025Start: 09:30 AM EST / 16:30 ISTDial-in:US: 1-888-407
Revenues Increased by 17% Year-over-Year GAAP Operating Income of $6.7 Million Adjusted EBITDA of $10.7 Million PETAH TIKVA, Israel, Nov. 13, 2024 (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 third quarter, ended September 30, 2024. Third Quarter 2024 Financial Highlights Revenues of $74.6 million, up 17% compared with $63.9 million in Q3 2023;GAAP operating income of $6.7 million, compared with $12.7 million in Q3 2023; GAAP operating income includes other income, net, of $1.3 million. Q3 2023 GAAP operating income included other income,
6-K - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
S-8 - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
20-F - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
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%
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