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's new brand reflects the company's vision of the right of all people to be connected Gilat's new brand reflects the company's vision of the right of all people to be connected

Gilat Announces New Brand Identity Embracing the Company's Commitment to the New Space Revolution

Gilat to deliver a comprehensive solution based on its SkyEdge platform and a suite of services providing reliable and secure connectivity Gilat to deliver a comprehensive solution based on its SkyEdge platform and a suite of services providing reliable and secure connectivity

Gilat Awarded Approximately $3M for a Satellite Connectivity Project for a National Police Force

PETAH TIKVA, Israel, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced management's participation in the 26th Annual Needham Growth Conference taking place at the Lotte New York Palace Hotel in New York City from January 16-19, 2024.

Gilat to Participate in the 26th Annual Needham Growth Conference on January 17, 2024

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Gilat to provide additional 50W Ka-band BUCs for long-term sustainment of thousands of mobile Satellite Transportable Terminals (STTs) Gilat to provide additional 50W Ka-band BUCs for long-term sustainment of thousands of mobile Satellite Transportable Terminals (STTs)

US Army Awards Nearly $20 Million Contract Extension to Gilat to Sustain Anytime, Anywhere Satellite Connectivity

The acquisition represents a strong step forward in Gilat's strategy to increase its presence in the growing defense communications market The acquisition represents a strong step forward in Gilat's strategy to increase its presence in the growing defense communications market

Gilat Completes Acquisition of DataPath, Inc.

PETAH TIKVA, Israel, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced management's participation at the 17th Annual Needham Virtual Security, Networking & Communications Conference, which is to take place on Tuesday, November 14, 2023.

Gilat to Participate at the Needham Virtual Security, Networking & Communications Conference on Tuesday, November 14

Gilat Satellite Networks Ltd. (NASDAQ:GILT ) Q3 2023 Earnings Conference Call November 7, 2023 9:30 AM ET Company Participants Ehud Helft – EK Global Investor Relations Adi Sfadia – Chief Executive Officer Gil Benyamini – Chief Financial Officer Conference Call Participants Ryan Koontz – Needham & Company Chris Quilty – Quilty Analytics Gunther Karger – Discovery Group Operator Ladies and gentlemen, thank you for standing by.

Gilat Satellite Networks Ltd. (GILT) Q3 2023 Earnings Call Transcript

Revenues G rew 6% to $63.9 million ; GAAP Operating Income of $12.7 million and A djusted EBITDA of $9.5 million, 30% Growth Y ear-over- Y ear ;

Gilat Reports Third Quarter 2023 Results

Gilat continues to support this long-term Tier-1 customer with a multi-year end-to-end managed services contract for satellite-based cellular backhaul and emergency response Gilat continues to support this long-term Tier-1 customer with a multi-year end-to-end managed services contract for satellite-based cellular backhaul and emergency response

Gilat Awarded Approximately $20 Million in Contract Renewal and Extension from Tier-1 MNO in the USA

PETAH TIKVA, Israel, Oct. 11, 2023 (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 2023 financial results on Tuesday, November 7, 2023.

Gilat to Report Third Quarter 2023 Results on November 7th

SkyEdge II-c and hundreds of Gilat's VSATs to enable enhanced satellite-based 4G cellular backhaul capabilities and enterprise communications SkyEdge II-c and hundreds of Gilat's VSATs to enable enhanced satellite-based 4G cellular backhaul capabilities and enterprise communications

Gilat Awarded Contract for Satellite Network Modernization at Ethio Telecom

Gilat Satellite Networks Ltd. (NASDAQ:GILT ) Q2 2023 Earnings Conference Call August 8, 2023 9:30 AM ET Company Participants Ehud Helft - EK Global Investor Relations Adi Sfadia - Chief Executive Officer Gil Benyamini - Chief Financial Officer Conference Call Participants Ryan Koontz - Needham & Company Chris Quilty - Quilty Analytics Gunther Karger - Discovery Group Operator Ladies and gentlemen, thank you for standing by.

Gilat Satellite Networks Ltd. (GILT) Q2 2023 Earnings Call Transcript

Presents a Robust 22% Year-over-Year Growth in Revenues; GAAP Operating Income More Than Tripled and Adjusted EBITDA Grew by 74%. The Company Raises its Full Year 2023 Guidance Presents a Robust 22% Year-over-Year Growth in Revenues; GAAP Operating Income More Than Tripled and Adjusted EBITDA Grew by 74%. The Company Raises its Full Year 2023 Guidance

Gilat Reports Second Quarter 2023 Results

Gilat Satellite Networks is a $350-million market cap company, headquartered in Petah Tikva, Israel. It provides satellite-based broadband communication solutions worldwide. In Q1 FY2023, GILT showcased a strong operating performance with solid top-line growth across various business segments accompanied by improving gross margins. GILT's main focus end-market is expected to grow from $7.48 billion in 2023 to $21.03 billion by 2030, with a projected CAGR of 15.9%.

Why Gilat Satellite Stock Grabbed My Attention

The ultra-low profile Electronically Steered Antennas (ESA) will enable in-flight connectivity (IFC) for business, government, and defense aviation The ultra-low profile Electronically Steered Antennas (ESA) will enable in-flight connectivity (IFC) for business, government, and defense aviation

Satcom Direct and Gilat Sign Strategic Agreement for Joint ESA Project to Expand Plane Simple® Portfolio

Gilat enables mission-critical IoT telemetry across hundreds of remote sites on the national utility network Gilat enables mission-critical IoT telemetry across hundreds of remote sites on the national utility network

Tier 1 Telecom Operator Selects Gilat Satellite Connectivity for a Major Western European Utility Company

Gilat's cellular backhaul solution to connect hundreds of 4G sites in the “CFE Telecommunications and Internet for All” initiative Gilat's cellular backhaul solution to connect hundreds of 4G sites in the “CFE Telecommunications and Internet for All” initiative

Gilat Awarded Millions of Dollars in Orders for Cellular Backhaul Over Satellite Project in Mexico

PETAH TIKVA, Israel, July 11, 2023 (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 2023 financial results on Tuesday, August 8, 2023.

Gilat to Report Second Quarter 2023 Results on August 8th

PETAH TIKVA, Israel, May 30, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that it will be presenting at the 13th annual LD Micro Invitational on Wednesday, June 7th at 12 p.m.

Gilat Satellite Networks to Present at the 2023 LD Micro Invitational Conference

PETAH TIKVA, Israel, May 10, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announces management's participation at the 18th Annual Needham Technology & Media Conference at the Intercontinental New York Times Square in New York City.

Gilat to Participate at the 18th Annual Needham Technology & Media Conference on May 17, 2023

Gilat Satellite Networks Ltd. (NASDAQ:GILT ) Q1 2023 Earnings Conference Call May 9, 2023 9:30 AM ET Company Participants Ehud Helft - Co-Founder, EK Global Investor Relations Adi Sfadia - Chief Executive Officer Gil Benyamini - Chief Financial Officer Conference Call Participants Chris Quilty - Quilty Space Gunther Karger - Discovery Group Operator Ladies and gentlemen, thank you for standing by.

Gilat Satellite Networks Ltd. (GILT) Q1 2023 Earnings Call Transcript

Demonstrates Strong Revenue Growth of 15% Year-over-Year and Increased Profitability with GAAP Operating Income of $7 Million and Adjusted EBITDA of $8.4 MillionCompany Raises its GAAP Operating Income and Adjusted EBITDA Guidance for 2023

Gilat Reports First Quarter 2023 Results

Thousands of Gilat VSATs expand network reliability for a world-leading financial services company Thousands of Gilat VSATs expand network reliability for a world-leading financial services company

Financial Institution in Latin America Deploying Millions of Dollars of Gilat Technology for Satellite Connectivity

Gilat expands deployment of VSATs in national initiative to ensure service continuity Gilat expands deployment of VSATs in national initiative to ensure service continuity

News for Gilat Satellite Networks Stock (GILT)