Gilat Satellite Networks

Gilat Satellite Networks Ltd. engages in the provision of broadband satellite communication and networking solutions and services. It operates through the following business segments: Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects. The Fixed Networks segment provides advanced fixed broadband satellite communication networks, satellite communication systems and associated professional services and comprehensive turnkey solutions and fully managed satellite network services solutions. The Mobility Solutions segment provides advanced on-the-move satellite communications equipment, systems, and solutions, including airborne, maritime and ground-mobile satellite systems and solutions. The Terrestrial Infrastructure Projects segment provides network infrastructure construction of the fiber and microwave network of PRONATEL in Peru. The company was founded by Yoel Gat, Gideon Kaplan, Amiram Levinberg, Joshua Levinberg, and Shlomo Tirosh in 1987 and is headquartered in Petah Tikva, Israel.

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Gilat Satellite Networks reports robust earnings, poised for market expansion

Gilat Satellite Networks delivered strong financial performance in Q4 2022, with notable revenue growth and improved EBITDA. The company's strategic partnerships, diverse revenue streams, and focus on key market segments position it well for future success.
While facing challenges such as managing costs and optimizing profitability, Gilat has opportunities to capitalize on its strengths in the satellite communication market, expand into new markets, and drive innovation.
With a solid financial position, no debt, and positive cash flow, Gilat is well-equipped to navigate market dynamics, leverage growth opportunities, and deliver value to shareholders.

Gilat Satellite Networks reports robust Q1 performance and strategic growth

Gilat Satellite Networks delivered strong financial results in Q1 2023, driven by revenue growth, improved margins, and strategic initiatives.
The company's focus on partnerships, acquisitions, and product development positions it for continued growth and market expansion.
While facing challenges such as project cancellations and market dynamics, Gilat remains optimistic about its performance and future prospects.
With a solid balance sheet, strong guidance, and a diverse product portfolio, Gilat is well-positioned for sustained success and profitability.

Gilat Satellite Networks excels in Q2, eyes growth opportunities

Gilat Satellite Networks delivered a robust performance in Q2 2023, with increased revenue, profitability, and strategic achievements. The company's financial health remains strong, supported by a solid cash position and no debt. While facing working capital challenges, Gilat is well-positioned to capitalize on growth opportunities.

Gilat Satellite Networks (GILT) excels in Q3 2023 earnings call

Gilat Satellite Networks (GILT) reported a strong Q3 2023 performance, marked by revenue growth, profitability improvements, and strategic initiatives for future growth.
The company's focus on the Satellite Network segment, IFC market strength, and upcoming acquisition of DataPath position Gilat for continued success and expansion.
While challenges in maintaining margins and integrating acquisitions exist, Gilat's financial health, market presence, and growth opportunities paint a positive outlook for investors.

Gilat Satellite Networks reports robust 2023 results and eyes defense market growth

Gilat Satellite Networks had a strong performance in 2023, marked by revenue and EBITDA growth, strategic acquisitions, and advancements in key verticals. While facing the challenge of meeting ambitious 2024 targets, the company remains optimistic about growth opportunities in defense and new product development.

Gilat Satellite Networks (GILT) reports robust Q1 growth and eyes new market opportunities

Gilat Satellite Networks (GILT) delivered a stellar performance in Q1 2024, marked by strong revenue growth and improved profitability. The company's strategic acquisitions, leadership in satellite technologies, and diverse market presence position it well for future growth. While challenges exist in maintaining momentum, Gilat's focus on innovation and market expansion presents significant opportunities for continued success.

Gilat Satellite Networks reports robust Q2 growth and strategic acquisitions

Gilat's Q2 2024 earnings call showcased strong financial performance, market leadership in satellite technology, and strategic growth initiatives. The company's focus on defense, mobility, and expansion projects positions it well for future success.

Gilat Satellite Networks reports robust Q3 performance and eyes growth

Gilat Satellite Networks demonstrated strong financial performance in Q3 2024, driven by revenue growth and operational efficiency.
While facing challenges such as narrowed revenue guidance and geopolitical uncertainties, the company maintains a strong cash position and growth opportunities.
Strategic acquisitions, successful defense contracts, and expansion into new markets position Gilat for continued growth and profitability.

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Gilat Satellite Networks Ltd. (NASDAQ:GILT ) Q3 2024 Earnings Conference Call November 13, 2024 9:30 AM ET Company Participants Mayrav Sher - Head of Finance and Investor Relations Adi Sfadia - Chief Executive Officer Gil Benyamini - Chief Financial Officer Conference Call Participants Ryan Koontz - Needham & Company Louie DiPalma - William Blair Chris Quilty - Quilty Analytics Gunther Karger - Discovery Group Operator Ladies and gentlemen, thank you for standing by.

Gilat Satellite Networks Ltd. (GILT) Q3 2024 Earnings Call Transcript

Revenue s Increase d by 1 7 % Year-over-Year

Gilat Reports Third Quarter 2024 Results

Gilat's Strategic Focus on Defense Strengthened by Recent Wins for Advanced Mission Critical SATCOM Solutions Gilat's Strategic Focus on Defense Strengthened by Recent Wins for Advanced Mission Critical SATCOM Solutions

Gilat Receives Approximately $5 Million in Orders from US Defense Customers

Gilat to provide DKET 3421 terminals for easy-to-deploy transportable satcom network hubs Gilat to provide DKET 3421 terminals for easy-to-deploy transportable satcom network hubs

Gilat Received Over $4 Million Order from the US Department of Defense

Featuring Gilat's advanced, high performance ESA Antenna and leading SSPA, KPSU, and FCU solutions Featuring Gilat's advanced, high performance ESA Antenna and leading SSPA, KPSU, and FCU solutions

Gilat Satellite Networks to Attend APEX/IFSA Conference to Discuss State-of the Art In-Flight Connectivity Solutions for Aviation Markets

PETAH TIKVA, Israel, Oct. 21, 2024 (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 2024 financial results on Wednesday, November 13th, 2024.

Gilat to Report Third Quarter 2024 Results on Wednesday, November 13th

PETAH TIKVA, Israel, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that it will be presenting at the 17th annual LD Micro Invitational on Wednesday, October 30, at 8 am PT at the Luxe Sunset Boulevard Hotel in Los Angeles.

Gilat Satellite Networks to Present at the 17th Annual LD Micro Invitational Conference

The orders demonstrate the company's wide state-of-the-art ground segment portfolio The orders demonstrate the company's wide state-of-the-art ground segment portfolio

Gilat Secures Approximately $15 Million in Orders from Leading Satellite Operators for GEO, MEO and LEO Constellations

PETAH TIKVA, Israel, Oct. 08, 2024 (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 secured approximately $4 Million contract to provide rural connectivity including banking transactions in Latin America for a period of 3 years.

Gilat Satellite Networks Awarded approximately $4 Million Contract to Provide Connectivity for rural areas in Latin America

The award supports connectivity services to rural and underserved areas The award supports connectivity services to rural and underserved areas

Gilat Satellite Networks Receives Multimillion Service Contract from Leading Satellite Operator in APAC region

Gilat will support the US DOD with critical satellite terminal requirements and terminal technology insertion programs Gilat will support the US DOD with critical satellite terminal requirements and terminal technology insertion programs

Gilat Satellite Networks Awarded Over $5M in Support of the US Department of Defense

Gilat's SkyEdge IV and SkyEdge II-c Platforms are expanding across new markets and regions, strengthening global satellite communications leadership Gilat's SkyEdge IV and SkyEdge II-c Platforms are expanding across new markets and regions, strengthening global satellite communications leadership

Gilat Secures Over $12 Million Orders for SkyEdge Platforms from Leading Satellite Operator

PETAH TIKVA, Israel, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today its selection as a board member of the newly established Waveform Architecture for Virtualized Ecosystems (WAVE) Consortium. Gilat joins a distinguished group of board members committed to driving innovation in satellite communication networks through agile, scalable, and cost-effective infrastructure.

Gilat Joins WAVE Consortium Board

Specially designed software-defined, multi-orbit satellite modem, supporting up to 750Mbps per direction for maritime, cellular and enterprise applications Specially designed software-defined, multi-orbit satellite modem, supporting up to 750Mbps per direction for maritime, cellular and enterprise applications

Gilat Announces the Addition of SCPC Offering to the SkyEdge IV Aquarius Pro Modem

Gilat Satellite Networks Ltd. (GILT) Q2 2024 Earnings Call Transcript

Revenue Increase d by 13 % Year-over-Year, GAAP Operating Income of $ 2.8 Million and Adjusted EBITDA of $ 10.1 Million

Gilat Reports Second Quarter 2024 Results

Gilat's cutting-edge technologies support growth in global multi-orbit SATCOM Networks Gilat's cutting-edge technologies support growth in global multi-orbit SATCOM Networks

Gilat Awarded Over $9M for its GEO and NGSO Satellite Communications Solutions

Key defense customer continues to rely on Gilat to provide dependable, high-performance connectivity for their mission critical operations Key defense customer continues to rely on Gilat to provide dependable, high-performance connectivity for their mission critical operations

Gilat Awarded Over $5M by a National Defense Organization for the Upgrade of Transportable SATCOM Network Hubs

PETAH TIKVA, Israel, July 11, 2024 (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 2024 financial results on Wednesday, August 7, 2024.

Gilat to Report Second Quarter 2024 Results on August 7th

Connecting over 800 sites and providing high speed connectivity to over 1 million people in rural areas in Peru Connecting over 800 sites and providing high speed connectivity to over 1 million people in rural areas in Peru

Gilat Receives Over $10M Contract Extension for Cellular Backhaul Services

Technical and Field Services to be deployed in Europe, Middle East and US for US DoD Programs Technical and Field Services to be deployed in Europe, Middle East and US for US DoD Programs

Gilat Awarded Over $9M to Support Critical Connectivity Requirements for the US Department of Defense

IFC Solution Orders Secured from New Partnerships and Existing Customers IFC Solution Orders Secured from New Partnerships and Existing Customers

Gilat Receives over $14M in Orders Expanding Further into the IFC Market

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Gilat expects its annual revenues from Stellar Blu to range between $100 Million to $150 Million beginning in 2025, based on Stellar Blu's robust backlog Gilat expects its annual revenues from Stellar Blu to range between $100 Million to $150 Million beginning in 2025, based on Stellar Blu's robust backlog

Gilat to Acquire Stellar Blu, an IFC Market Leader with a First-to-Market ESA-Based Solution for Commercial Aviation

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