Gilat Satellite Networks Ltd. (GILT)
Market Cap | 356.15M |
Revenue (ttm) | 259.53M |
Net Income (ttm) | 6.01M |
Shares Out | 56.62M |
EPS (ttm) | 0.12 |
PE Ratio | 57.27 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 105,875 |
Open | 6.31 |
Previous Close | 6.30 |
Day's Range | 6.26 - 6.39 |
52-Week Range | 4.51 - 7.16 |
Beta | 0.52 |
Analysts | Strong Buy |
Price Target | 8.50 (+35.14%) |
Earnings Date | Nov 13, 2023 |
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. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services. Its portfolio consists of cloud-based satellite network platform, very small aperture terminals, amplifiers, modems, on-the... [Read more]
Financial Performance
In 2022, GILT's revenue was $239.84 million, an increase of 11.57% compared to the previous year's $214.97 million. Losses were -$5.93 million, 95.5% more than in 2021.
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 Contract for Satellite Network Modernization at Ethio Telecom
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 enhan...

Gilat Reports Second Quarter 2023 Results
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% Y...

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

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

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

Gilat to Report Second Quarter 2023 Results on August 8th
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 a...

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

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

Gilat Reports First Quarter 2023 Results
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 Incom...

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

Gilat Receives Multimillion-Dollar Order for Expansion of Advanced Disaster Response Network in Asia
Gilat expands deployment of VSATs in national initiative to ensure service continuity Gilat expands deployment of VSATs in national initiative to ensure service continuity

Intelsat Strengthens Strategic Partnership and Expands Service Capabilities with Significant Multimillion-Dollar Orders for Gilat's Multi-service Platforms and Terminals
Gilat's platforms to empower Intelsat with augmented capacity to upscale its In-Flight Connectivity and Cellular Backhaul services worldwide Gilat's platforms to empower Intelsat with augmented capaci...

Gilat to Report First Quarter 2023 Results on May 9th
PETAH TIKVA, Israel, April 13, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today ...

SES Certifies Gilat's SkyEdge IV Platform for O3b mPOWER, O3b and SES-17
Gilat's next generation platform is industry's first GEO-MEO multi-orbit capable system Gilat's next generation platform is industry's first GEO-MEO multi-orbit capable system

Gilat Announces Filing of 2022 Annual Report
PETAH TIKVA, Israel, March 13, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announ...

ST Engineering iDirect and Gilat Satellite Networks Successfully Showcase Proof of Concept Utilizing DIFI Standard at Satellite 2023
Demonstration connecting modem and BUC via digital interface is a milestone towards interoperability Demonstration connecting modem and BUC via digital interface is a milestone towards interoperabilit...

Gilat Signs Definitive Agreement to Acquire DataPath, Inc. a Market Leader in Trusted Communications for the US DoD, Military and Government Sectors
The acquisition is another step in Gilat's initiative to increase its presence in the growing Defense market

Gilat Announces Launch of Endurance, a New Line of “Always-On” SSPA Products
Wavestream Endurance 500W Ka-Wideband Block Upconverter positioned to disrupt the TWT amplifier market Wavestream Endurance 500W Ka-Wideband Block Upconverter positioned to disrupt the TWT amplifier m...

Gilat to Participate in the 35th Annual Roth Conference on March 13, 2023
PETAH TIKVA, Israel, March 06, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announ...

Hispasat and Gilat Expand Strategic Partnership with the Selection of Gilat's SkyEdge IV Platform for Amazonas Nexus
SkyEdge IV will enable Hispasat to deliver high-performance, satellite-based fixed data and mobility services SkyEdge IV will enable Hispasat to deliver high-performance, satellite-based fixed data an...

Gilat Announces Availability of SkyEdge IV Taurus-M, New Satellite Modem for Military and Government Markets
SkyEdge IV Taurus-M is backward compatible to SkyEdge II-c, providing investment protection and answering market demands for the smallest high-performance, rugged modem for mobile satellite communicat...

Gilat Enables TIM Brasil to Be First Network Operator with Coverage to 100% of Brazilian Cities
Gilat's cellular backhaul over satellite solution empowered TIM Brasil to provide mobile coverage to all of Brazil's 5,570 municipalities Gilat's cellular backhaul over satellite solution empowered TI...

Gilat Presents Strong Fourth Quarter and Full Year 2022 Results
Q4 r evenue of $ 7 3 m illion, up 8 % year over year , GAAP o perating income of $ 6 million and Adjusted EBITDA of $ 10 m illion

Gilat Awarded Multimillion-Dollar Contract for SATCOM Expansion on Trains in Asia-Pacific
Antennas from Gilat to enable satellite-based internet for passenger trains Antennas from Gilat to enable satellite-based internet for passenger trains

Gilat to Report Fourth Quarter and Full Year 2022 Results on February 14th
PETAH TIKVA, Israel, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today a...