Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions and services in Latin America, the Asia Pacific, North America, Europe, the Middle East, and Africa. It operates through three segments: Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services. Its portfolio consists of a cloud-based satellite network platform, very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state amplifiers, block upconverters, transceivers, low-profile antennas, and on-the-move/on-the-pause terminals. In addition, the company offers various solutions, including managed satellite network services, network planning and optimization, satellite capacity, remote network operation, call center support, hub and field operations, and communication network construction and installation services. Further, it provides connectivity services, internet access, and telephony services to enterprise, government, and residential customers; and builds telecommunication infrastructure using fiber-optic and wireless technologies for broadband connectivity. Gilat Satellite Networks Ltd. sells its products and solutions to communication service providers and operators, mobile network operators, telecommunication companies, and system integrators, as well as to defense and homeland security organizations, and directly to end-users. The company was founded in 1987 and is headquartered in Petah Tikva, Israel.
IPO Year:
Exchange: NASDAQ
Website: gilat.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/26/2024 | Outperform | William Blair | |
| 6/27/2023 | $7.00 | Buy | Needham |
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PETAH TIKVA, Israel, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions, and services, today announced the successful demonstration of 3GPP-compliant 5G Non-Terrestrial Network (NTN) connectivity over a Geostationary Earth Orbit (GEO) satellite. The demonstration validated the delivery of end-to-end high performance standardized 5G NTN services over existing GEO satellite infrastructure, representing a significant step toward seamless terrestrial–non-terrestrial network integration. More specifically, the demonstration confirmed key 5G NTN capabilities required for GEO operation, incl
New orders for Linefit and Retrofit installations underscore rising global demand for Gilat's advanced Multi Orbit ESA technology PETAH TIKVA, Israel, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions, and services, announced today that it has received $39 million in orders from a leading satellite operator for its electronically steered antenna (ESA) Sidewinder in-flight connectivity terminals, including both linefit and retrofit installations. Deliveries are expected over the next 12 months. These new orders of additional Sidewinder ESA terminals highlight the accelerating global
Gilat Defense will deliver advanced modems to support and scale secure, mission-critical satellite communications for defense operations PETAH TIKVA, Israel, Feb. 17, 2026 (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 contract valued $9 million by Israel's Ministry of Defense for the delivery and integration of satellite communication systems and services. The order includes next generation defense modems which are a key component of Gilat's ground system Defense solution. These modems will significan
Represents Gilat Defense's First Contract with this MoD, Expanding its Presence in support of European Sovereign Defense Programs PETAH TIKVA, Israel, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions, and services, today announced that Gilat DataPath received an order for over $16 million to supply multiple units of the DKET 3421 transportable terminal to a European Ministry of Defense. Deliveries are expected over the next 12 months. Gilat DataPath's WGS-certified DKET 3421 is a combat-proven, 4.2 meter, rugged terminal designed to meet the most demanding mission requirements. Fea
Q4 Revenue of $137.0 million, GAAP Operating Income of $13.0 million and Adjusted EBITDA of $18.2 million 2025 Revenue of $451.7 million, GAAP Operating Income of $23.4 million and a Record Adjusted EBITDA of $53.2 million Guidance1 for 2026 Calls for Double Digit Revenue and Adjusted EBITDA Growth PETAH TIKVA, Israel, Feb. 10, 2026 (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, 2025. Fourth Quarter 2025 Financial Highlights Revenue of $137.0 million, up 75% compared with $78.1 million in Q4 202
PETAH TIKVA, Israel, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions, and services, today announced that it has received an order for over $10 million from a leading ground gateway antenna provider to support the continued rollout of ground infrastructure for a leading Low Earth Orbit (LEO) constellation. Deliveries are expected over the next 12 months. The order, for Gilat Wavestream's Powerstream Ka solid state power amplifier, supports high-capacity gateway sites by delivering reliable, long-lasting, high-power Ka-band amplification required for continuous and cost-effective LEO
PETAH TIKVA, Israel, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions, and services, announced today that members of its management team will be presenting at and attending the following upcoming conferences: Oppenheimer 11th Annual Emerging Growth Conference Date: February 3, 2026Format: one-on-one and small group meetingsLocation: virtualAttendees: Mr. Gil Benyamini, Chief Financial Officer TD Cowen 47th Annual Aerospace & Defense Conference Date: February 11-12, 2026Format: presentation (live and archived) and one-on-one meetingsLocation: Arlington, VAAttendees: Mr. Adi Sfadia
PETAH TIKVA, Israel, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions, and services, today announced that its Commercial Division received a multimillion order from a large global avionics company for the supply of Sidewinder electronically steered antenna terminals designed by Gilat Stellar Blu. Deliveries are expected within the next 6 months. The order reflects continued momentum for Gilat's Sidewinder ESA platform and growing demand for advanced inflight connectivity solutions that combine high performance with a low profile, lightweight configuration. Sidewinder ESA is designe
PETAH TIKVA, Israel, Jan. 22, 2026 (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 2025 financial results on Tuesday, February 10, 2026. Conference Call and Webcast Following the release, Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will discuss Gilat's fourth quarter 2025 results and business achievements and participate in a question and answer session: In English: Date:Tuesday, February 10, 2026Start:08:30 AM EST / 15:30 IST A simultaneous webcast of the conference call w
PETAH TIKVA, Israel, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions, and services, today announced that its Commercial Division received a contract for approximately $11 million for its SkyEdge platform from a leading satellite operator in the Asia Pacific region. The platform will be deployed to deliver services over Very High Throughput Satellites (VHTS) supporting multiple applications. Deliveries are expected over the next 12 months. The SkyEdge platform was selected for its proven performance in high-capacity networks, flexibility to support diverse service profiles, and abil
6-K - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
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6-K - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
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6-K - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
6-K - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
SCHEDULE 13G/A - GILAT SATELLITE NETWORKS LTD (0000897322) (Subject)
6-K - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
6-K - GILAT SATELLITE NETWORKS LTD (0000897322) (Filer)
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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
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Q4 Revenue of $137.0 million, GAAP Operating Income of $13.0 million and Adjusted EBITDA of $18.2 million 2025 Revenue of $451.7 million, GAAP Operating Income of $23.4 million and a Record Adjusted EBITDA of $53.2 million Guidance1 for 2026 Calls for Double Digit Revenue and Adjusted EBITDA Growth PETAH TIKVA, Israel, Feb. 10, 2026 (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, 2025. Fourth Quarter 2025 Financial Highlights Revenue of $137.0 million, up 75% compared with $78.1 million in Q4 202
PETAH TIKVA, Israel, Jan. 22, 2026 (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 2025 financial results on Tuesday, February 10, 2026. Conference Call and Webcast Following the release, Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will discuss Gilat's fourth quarter 2025 results and business achievements and participate in a question and answer session: In English: Date:Tuesday, February 10, 2026Start:08:30 AM EST / 15:30 IST A simultaneous webcast of the conference call w
Revenues Increased by 58%, GAAP Operating Income Rose to $7.5 Million, Adjusted EBITDA Grew to $15.6 Million Raising Midpoint of 2025 Revenue and Adjusted EBITDA Guidance PETAH TIKVA, Israel, Nov. 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 results for the third quarter, ended September 30, 2025. Third Quarter 2025 Financial Highlights Revenues of $117.7 million, compared with $74.6 million in Q3 2024;GAAP operating income of $7.5 million, compared with GAAP operating income of $6.7 million in Q3 2024;Non-GAAP operating income of $12.8 million,
PETAH TIKVA, Israel, Oct. 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 third quarter 2025 financial results on Wednesday, November 12, 2025. Conference Call and WebcastFollowing the release, Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will discuss Gilat's third quarter 2025 results and business achievements and participate in a question and answer session: Date:Wednesday, November 12, 2025Start:09:30 AM EST / 16:30 IST A simultaneous webcast of the conference call will be available on the Gi
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, April 24, 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 first quarter 2025 financial results on Monday, May 19th, 2025. Conference Call and Webcast Following the release, Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will discuss Gilat's first quarter 2025 results and business achievements and participate in a question and answer session: Date:Monday, May 19, 2025Start:09:00 AM EST / 16:00 ISTDial-in:US: 1-888-407-2553 International: +972-3-918-0609 A simultaneous webcast of t
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
Live Leadership Updates
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%
PETAH TIKVA, Israel, May 04, 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 first quarter of 2021. First Quarter Financial Highlights Revenues of $44.7 million versus $47.7 million in Q1 2020 and up from $42.6 million in the previous quarter;GAAP operating loss of $3.7 million versus operating loss of $10.8 million in Q1 2020 and an operating income of $62.7 million in Q4 2020; GAAP operating income in Q4 2020 included income related to the legal settlement with Comtech, net of related expenses, of $64.8 million;Non-GAAP operating loss of
PETAH TIKVA, Israel, March 09, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announces the appointment of Isaac Angel as Gilat's Chairman of the Board. Isaac Angel's appointment is effective immediately, taking over from Dov Baharav who has stepped down and retired after a seven-year tenure. Isaac Angel brings with him a wealth of experience and accomplishments from his current and previous positions. Mr. Angel serves as Chairman of the Board and served as CEO at Ormat Technologies Inc., a global company delivering renewable power and energy solutions. Before his seven-year tenure
PETAH TIKVA, Israel, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its Board of Directors has declared a cash dividend to shareholders in the amount of $0.63 per share (approximately $35 million in the aggregate) following receipt of court approval for the distribution of the dividend. The dividend will be paid in US$ on January 20, 2021 to shareholders of record on January 11, 2021. Together with the $20M dividend distributed at the beginning of this month, the aggregate amount of dividends payable to shareholders adds up to approximately $55 million,
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