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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SkyEdge IV is a scalable software-centric platform that will provide superior operational efficiencies and VSAT backward compatibility to preserve SkyEdge II-c customer investment SkyEdge IV is a scalable software-centric platform that will provide superior operational efficiencies and VSAT backward compatibility to preserve SkyEdge II-c customer investment

Gilat Announces Launch of SkyEdge IV, Next Generation SATCOM Ground System, Aiming to Capture a Leading Position of the Multibillion-Dollar Emerging VHTS Market Opportunity

Gilat technology for in-flight connectivity will empower expansion of in-flight service in Asia and meet the post-COVID demand for commercial and business aviation services Gilat technology for in-flight connectivity will empower expansion of in-flight service in Asia and meet the post-COVID demand for commercial and business aviation services

Gilat and Intelsat Expand Their Strategic Partnership in Commercial Aviation

PETAH TIKVA, Israel, Jan. 18, 2022 (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 2021 financial results on Tuesday, February 15, 2022.

Gilat to Report Fourth Quarter and Full Year 2021 Results on February 15th

Gilat's SkyEdge II-c platform to enable reliable satellite communications for commercial fishing and maritime transport markets Gilat's SkyEdge II-c platform to enable reliable satellite communications for commercial fishing and maritime transport markets

Gilat Captures Greater Maritime Market Share in New Deal with Eurasian Satellite Service Provider

Gilat's superior end-to-end solution ensures reliable cellular and disaster recovery services in remote regions throughout Mexico Gilat's superior end-to-end solution ensures reliable cellular and disaster recovery services in remote regions throughout Mexico

Leading Mobile Operator in Mexico Extends 4G Cellular Backhaul Recurring Revenue Managed Services Project with Gilat

Gilat receives order for additional VSATs to enable the operator's 4G/LTE network growth Gilat receives order for additional VSATs to enable the operator's 4G/LTE network growth

Tier-1 Mobile Network Carrier in Japan Expanding Their 4G Cellular Network with Gilat's Backhaul over Satellite

The stock price of Gilat Satellite Networks Ltd. (NASDAQ: GILT) increased by over 18% during intraday trading today.

Gilat Satellite Networks Stock (GILT): Why The Price Surged Today

Gilat will enable the MNO to provide Voice and Data over LTE to its subscribers, with deployment expected in first quarter of 2022 Gilat will enable the MNO to provide Voice and Data over LTE to its subscribers, with deployment expected in first quarter of 2022

One of World's Largest MNOs to Deploy Gilat's 4G Cellular Backhaul over Satellite Technology

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.

Gilat Names Gil Benyamini as Chief Financial Officer Replacing Bosmat Halpern Who is Stepping Down

Gilat's SkyEdge II-c was chosen as the platform to enhance maritime, land mobility, and consumer applications Gilat's SkyEdge II-c was chosen as the platform to enhance maritime, land mobility, and consumer applications

Gilat Signs Multi-Million Dollar Deal to Modernize and Expand Satellite Communications in Eurasia for Multiple Applications

Shares remain well down from their pre-Q3 price but we are now closing in on an intermediate buy signal. The pipeline and recent contract wins point to significant top and bottom-line growth next year.

Gilat Satellite: Close To A Firm Intermediate Bottom

PETAH TIKVA, Israel, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today a follow-on order of over $5M from a Tier-1 US global military terminal provider for Solid State Power Amplifiers (SSPAs) for satellite communication (SATCOM) terminals sold to militaries throughout the world. Further contract expansion for Wavestream MicroStream SSPAs is expected in the near future.

Tier-1 US Global Military Terminal Provider Places Order of Over $5M with Gilat for Solid State Amplifiers

Africa Mobile Networks (AMN) deploys hubs and places additional orders of Gilat cellular backhaul terminals to serve multiple Tier-1 Telcos in Africa Africa Mobile Networks (AMN) deploys hubs and places additional orders of Gilat cellular backhaul terminals to serve multiple Tier-1 Telcos in Africa

Africa's Largest Satellite Cellular Backhaul Network Extends Coverage with Gilat's Technology to a Dozen Countries in Africa

Gilat Satellite Networks (GILT) CEO Adi Sfadia on Q3 2021 Results - Earnings Call Transcript

Gilat Satellite Networks Ltd (NASDAQ: GILT) reported third-quarter FY21 revenue growth of 34% year-on-year to $49.9 million. Segments: Fixed Networks revenue declined 2.1% Y/Y to $22.3 million, Mobility Solutions revenue rose 134.8% Y/Y to $21.6 million, and Terrestrial Infrastructure Projects revenue climbed 13.2% Y/Y to $5.96 million.

Gilat Clocks 34% Revenue Growth In Q3

Revenue up 3 4 % year-over-year to $49.9 M , GAAP operating income of $0.9 million and Adjusted EBITDA reached $4. 0 million

Gilat Reports Strong Revenue & Profitability Growth in Third Quarter 2021

Gilat's field-proven carrier-grade VSATs to provide satellite backhaul to hundreds of sites of the nationwide 4G network Gilat's field-proven carrier-grade VSATs to provide satellite backhaul to hundreds of sites of the nationwide 4G network

Tier-1 Mobile Operator in Asia Expands 4G Network with Gilat's Cellular Backhaul Solution

Expansion includes solutions for disaster recovery and ongoing operational business needs Expansion includes solutions for disaster recovery and ongoing operational business needs

Gilat Expands 4G Network with Tier-1 Mobile Operator in North America

PETAH TIKVA, Israel, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that it will release its third quarter 2021 financial results on Tuesday, November 9th, 2021.

Gilat to Report Third Quarter 2021 Results on November 9th

Gilat to provide services over a two-year period for the regional broadband transport networks Gilat to provide services over a two-year period for the regional broadband transport networks

Gilat Signs Service Agreements of Over $16 Million for Operating Transport-Networks to Support Broadband Services in Peru

Gilat to provide operation & maintenance services over a three-year period for the regional broadband transport network Gilat to provide operation & maintenance services over a three-year period for the regional broadband transport network

Gilat Receives $12 Million Service Agreement for Operation of Transport Network in Cusco, Peru

PETAH TIKVA, Israel, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it received additional orders of $17 million for support of gateways of Low Earth Orbit (LEO) constellations.

Gilat Received $17 Million in Orders for Support of Low Earth Orbit Constellation

Gilat's multi-service platform will support SES in cellular backhauling, enterprise and USO projects for the Andean region and Argentina Gilat's multi-service platform will support SES in cellular backhauling, enterprise and USO projects for the Andean region and Argentina

SES Awards Gilat Multi-Million Dollar Contract for Multiple Broadband Applications in Latin America

Gilat Satellite Networks reported Q2 results which beat expectations, including positive EPS.

Gilat Satellite Networks: Strong Q2 Reaffirms The Bullish Outlook

Gilat Satellite Networks Ltd (NASDAQ: GILT) reported second-quarter FY21 revenue growth of 49% year-on-year to $56.9 million, beating the analyst consensus of $38.3 million. Segments: Fixed Networks revenue increased 41.5% Y/Y to $30.8 million, Mobility Solutions revenue rose 42.2% Y/Y to $19.9 million, and Terrestrial Infrastructure Projects revenue climbed 144.1% Y/Y to $6.1 million.

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