Gilat Satellite Networks Ltd. (GILT)
| Market Cap | 254.29M |
| Revenue (ttm) | 283.21M |
| Net Income (ttm) | 22.89M |
| Shares Out | 57.02M |
| EPS (ttm) | 0.41 |
| PE Ratio | 11.00 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 353,203 |
| Open | 4.430 |
| Previous Close | 4.400 |
| Day's Range | 4.430 - 4.560 |
| 52-Week Range | 4.310 - 7.160 |
| Beta | 0.60 |
| Analysts | Strong Buy |
| Price Target | 8.50 (+90.58%) |
| Earnings Date | Aug 6, 2024 |
About GILT
Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services. Its portfolio consists of cloud-based satellite network platform, very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state power amplifiers, block upconverters, transceivers, and defense ground systems and field services. The com... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for GILT stock is "Strong Buy" and the 12-month stock price forecast is $8.5.
News
Gilat Awarded Over $9M to Support Critical Connectivity Requirements for the US Department of Defense
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 Receives over $14M in Orders Expanding Further into the IFC Market
IFC Solution Orders Secured from New Partnerships and Existing Customers IFC Solution Orders Secured from New Partnerships and Existing Customers
Gilat to Acquire Stellar Blu, an IFC Market Leader with a First-to-Market ESA-Based Solution for Commercial Aviation
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...
Nicole Robinson Appointed President of DataPath Inc.
David McDonald will transition to the role of Vice Chairman of DataPath Board of Directors. David McDonald will transition to the role of Vice Chairman of DataPath Board of Directors.
Gilat Reports First Quarter 2024 Results
Strong Revenue Growth of 29% Year-over-Year, GAAP Operating Income of $5.4 Million and Adjusted EBITDA of $9.3 Million Strong Revenue Growth of 29% Year-over-Year, GAAP Operating Income of $5.4 Millio...
SES's O3b mPOWER System Launches Service via Gilat's SkyEdge IV Platform
SkyEdge IV – the industry's first MEO-GEO system – enables O3b mPOWER software-driven constellation to deliver services with unparalleled flexibility and scale SkyEdge IV – the industry's first MEO-GE...
Gilat to Participate in the 19th Annual Needham Technology, Media & Consumer Conference on May 15, 2024
PETAH TIKVA, Israel, May 02, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announce...
Gilat to Report First Quarter 2024 Results on May 8th
PETAH TIKVA, Israel, April 17, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today ...
Gilat Received Approximately $5 Million for Providing Services to a Leading LATAM Service Provider
Gilat's solutions ensure reliable, high-performance connectivity for cellular and internet services in rural areas Gilat's solutions ensure reliable, high-performance connectivity for cellular and int...
Gilat Received Multimillion-Dollar Order from a Leading Defense Organization
Gilat to develop next-generation software-defined radio modem for Satcom-on-the Move and Satcom-on-the-Pause military applications Gilat to develop next-generation software-defined radio modem for Sat...
Gilat Expanding into Additional IFC Market Segments After Receiving Over $3 Million in Orders from a Leading IFC Service Provider
Service provider's initial order for Taurus Modem significantly expands Gilat's In-Flight Connectivity footprint into Business Aviation and Government markets Service provider's initial order for Taur...
Gilat Awarded Over $3M Follow-On Order for Public WiFi Service in Latin America
Government-sponsored Social Inclusion project enables internet connectivity in rural areas not supported by terrestrial networks Government-sponsored Social Inclusion project enables internet connecti...
Gilat Awarded Over $5 Million Order from the US Department of Defense
Gilat to provide baseband equipment to enable complete turnkey satellite communication architecture Gilat to provide baseband equipment to enable complete turnkey satellite communication architecture
US Army Awards $12 Million Contract Extension to Gilat to Sustain Anytime, Anywhere Satellite Connectivity
Gilat Wavestream to provide additional 50W Ka-band BUCs for long-term sustainment of thousands of mobile Satellite Transportable Terminals (STTs) Gilat Wavestream to provide additional 50W Ka-band BUC...
Gilat Awarded Over $13M in Additional Orders from Satellite Operators for its World Leading SkyEdge IV and SkyEdge II-c Platforms
SkyEdge platforms are key enablers of in-flight connectivity, maritime mobility, cellular backhaul, and fixed data services globally SkyEdge platforms are key enablers of in-flight connectivity, marit...
Gilat Awarded $5 Million Order from the US Department of Defense
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 Satellite Networks to Present at the 2024 LD Micro Invitational Conference
PETAH TIKVA, Israel, March 26, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced th...
Gilat Announces Filing of 2023 Annual Report
PETAH TIKVA, Israel, March 20, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announ...
Gilat Unveils Cloud and 5G NTN Evolution Strategy for SkyEdge IV
A phased approach ensures continuous advancement in alignment with evolving technology and maturing standards A phased approach ensures continuous advancement in alignment with evolving technology and...
Safran Selects Gilat for Strategic, Multimillion-Dollar In-Flight Connectivity Program
Companies expand portfolio of products to bolster further growth in the IFC market Companies expand portfolio of products to bolster further growth in the IFC market
Gilat Presents Fourth Quarter and Full Year 2023 Results
Q4 R evenue of $ 75.6 million , GAAP O perating I ncome of $ 2.9 million and A djusted EBITDA of $9 . 4 million
Gilat Awarded $10 Million Follow-On Order from the US Department of Defense
Gilat to provide additional DKET 3421 terminals for easy-to-deploy transportable satcom network hubs Gilat to provide additional DKET 3421 terminals for easy-to-deploy transportable satcom network hub...
Gilat to Report Fourth Quarter and Full Year 2023 Results on February 26th
PETAH TIKVA, Israel, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today a...
Gilat Awarded Multimillion-Dollar Defense Satellite Connectivity Project
Gilat's SkyEdge IV platform and Taurus-M modems to augment advanced satcom capabilities for a leading governmental defense organization Gilat's SkyEdge IV platform and Taurus-M modems to augment advan...
Gilat Awarded $17 Million by Pronatel for Expansion of Regional Telecommunications Project in Peru
Network expansion and 10 years of services to address the growing needs for internet in additional parts of the Amazonas region Network expansion and 10 years of services to address the growing needs ...