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Gilat Satellite Networks Ltd. (GILT)

NASDAQ: GILT · IEX Real-Time Price · USD
9.34 -0.14 (-1.48%)
Sep 24, 2021 12:06 PM EDT - Market open
Market Cap542.22M
Revenue (ttm)181.53M
Net Income (ttm)45.67M
Shares Out56.51M
EPS (ttm)0.82
PE Ratio11.43
Forward PEn/a
Dividend$0.63 (6.75%)
Ex-Dividend DateJan 8, 2021
Volume156,363
Open9.39
Previous Close9.48
Day's Range9.22 - 9.43
52-Week Range4.14 - 22.69
Beta0.29
Analystsn/a
Price Targetn/a
Est. Earnings DateNov 9, 2021

About GILT

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 a...

IndustryCommunications Equipment
IPO DateMar 25, 1993
CEOYona Ovadia
Employees779
Stock ExchangeNASDAQ
Ticker SymbolGILT
Full Company Profile

Financial Performance

In 2020, GILT's revenue was $165.89 million, a decrease of -37.04% compared to the previous year's $263.49 million. Earnings were $34.91 million, a decrease of -4.45%.

Financial Statements

News

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

1 week ago - GlobeNewsWire

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

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...

3 weeks ago - GlobeNewsWire

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

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 backh...

1 month ago - GlobeNewsWire

Strong End Market Momentum Helps Gilat Clock 49% Q2 Revenue Growth

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 rev...

1 month ago - Benzinga

Gilat Reports Strong Results in Second Quarter 2021

Revenue is up 49% year-over-year and 27% sequentially with a return to Non-GAAP profitability Revenue is up 49% year-over-year and 27% sequentially with a return to Non-GAAP profitability

1 month ago - GlobeNewsWire

Tier-1 US Terminal Provider Awards Gilat over $5M for Solid State Amplifiers Powering Militaries Worldwide

Further contract expansion is expected with leading terminal provider for Wavestream's MicroStream SSPAs Further contract expansion is expected with leading terminal provider for Wavestream's MicroStrea...

1 month ago - GlobeNewsWire

Gilat's Global Mobility Platform Selected by SES in Multi-Million Dollar Order

Solidifies Gilat's maritime leadership with initial services to top cruise lines and service providers over SES's O3b mPOWER and geostationary fleet Solidifies Gilat's maritime leadership with initial s...

1 month ago - GlobeNewsWire

Gilat Receives Multi-Million Dollar Award from US Army to Supply High Performance BUCs for Tactical Communications

Wavestream to supply additional 50W Ka-band BUCs for US Army program sustainment Wavestream to supply additional 50W Ka-band BUCs for US Army program sustainment

1 month ago - GlobeNewsWire

Gilat Signed a Strategic Agreement Estimated at Over $5 Million with Pacific Dataport for Delivery of Ubiquitous Broa...

Gilat's multi-service platform will support the goal of PDI's Aurora Network to deliver a wide range of applications to the population of Alaska Gilat's multi-service platform will support the goal of P...

2 months ago - GlobeNewsWire

Gilat Received $2 Million in Orders for Support of Low Earth Orbit Constellation

PETAH TIKVA, Israel, July 15, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced ...

2 months ago - GlobeNewsWire

Gilat to Report Second Quarter 2021 Results on August 10th

PETAH TIKVA, Israel, July 12, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced ...

2 months ago - GlobeNewsWire

Gilat Bags Multi-Million Dollar Satellite Communication Equipment Contract For Asian Defense Forces

Satellite networking technology company Gilat Satellite Networks Ltd (NASDAQ: GILT) won a multi-million-dollar contract to provide satellite communication (SATCOM) equipment to an extensive system integ...

2 months ago - Benzinga

Gilat Awarded Multi-Million Dollar Contract to Provide Satellite Communication Equipment for Defense Forces in Asia

PETAH TIKVA, Israel, July 07, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced ...

2 months ago - GlobeNewsWire

Gilat Awarded $9 Million in Orders for Support of Low Earth Orbit Constellation

PETAH TIKVA, Israel, June 28, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced ...

2 months ago - GlobeNewsWire

Gilat Awarded Multiple Projects for Armed Forces in Latin America

Turnkey solutions for fixed and mobile military applications are provided in Latin America with Gilat's leading technology, via its longtime local partner, Newsat Turnkey solutions for fixed and mobile ...

3 months ago - GlobeNewsWire

Gilat Awarded Contract to Supply Satellite Communication Equipment for Military Usage

Gilat chosen as sole provider to address most advanced present and future defense connectivity requirements Gilat chosen as sole provider to address most advanced present and future defense connectivity...

3 months ago - GlobeNewsWire

Gilat Awarded $13M Contract by Pronatel for Delivery of Internet Services to Hundreds of Sites in Peru

Gilat to supply WI-FI services over a two-year period to the regions of Ayacucho, Apurímac, Huancavelica and Cusco Gilat to supply WI-FI services over a two-year period to the regions of Ayacucho, Apurí...

3 months ago - GlobeNewsWire

Gilat Extends Latin American IoT Project For Rural Farming Productivity

Gilat Satellite Networks Ltd (NASDAQ: GILT) extended its multi-million dollar IoT project in Latin America. Tier-1 MNO extends coverage of Gilat's cellular backhaul solution as it increases its Agricult...

3 months ago - Benzinga

Gilat Extends Multi-Million Dollar IoT Project in Latin America

Tier-1 MNO extends coverage of Gilat's cellular backhaul solution as it expands its Agriculture IoT network Tier-1 MNO extends coverage of Gilat's cellular backhaul solution as it expands its Agricultur...

3 months ago - GlobeNewsWire

Gilat Awarded Over $4 Million in Orders for Support of Low Earth Orbit Constellation

PETAH TIKVA, Israel, May 20, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced t...

4 months ago - GlobeNewsWire

Telefonica Global Solutions (TGS) Selects Gilat to Equip Strategic Teleport in Arica, Chile

Significant potential for backhaul, rural internet and broadband business throughout Latin America, due to the broad coverage provided by gateway beams of multiple satellites Significant potential for b...

4 months ago - GlobeNewsWire

Gilat Satellite Networks Stock Falls On Revenue, Earnings Decline

Gilat Satellite Networks Ltd (NASDAQ: GILT) reported a first-quarter FY21 revenue decline of 6.3% year-on-year to $44.7 million. Fixed Networks revenue rose 10% to $25.3 million, Mobility Solutions reve...

4 months ago - Benzinga

Gilat Reports First Quarter 2021 Results

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 repor...

4 months ago - GlobeNewsWire

Gilat Enters Strategic Agreement Valued at Tens of Millions of Dollars with a Large Government Corporation in Asia Pa...

The equipment and multi-year managed-services contract includes enterprise connectivity, with a large potential for expansion to additional applications The equipment and multi-year managed-services con...

4 months ago - GlobeNewsWire

Gilat Achieves Critical Milestone in Peru with Approval to Enter Operational Phase, Unlocking Access to Recurring Rev...

Gilat's network to provide broadband internet services to over a million and half people in the region of Cusco Gilat's network to provide broadband internet services to over a million and half people i...

4 months ago - GlobeNewsWire