Gilat Satellite Networks Ltd.

GILT

IL0010825102

Communications & Networking

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
5.14 ^USD	+1.18%		-3.20%	-15.88%

Apr. 10	Gilat Satellite Networks Ltd. Receives Approximately $5 Million for Providing Services to A Latam Service Provider	CI
Apr. 09	Gilat Satellite Networks Gets Multimillion-Dollar Order to Develop Military Modem; Shares Rise	MT

Gilat Satellite Networks Ltd. Provides Earnings Guidance for the Year 2024

February 26, 2024 at 07:00 am EST

Gilat Satellite Networks Ltd. provided earnings guidance for the year 2024. For the year, the company expects revenues of between $305 million to $325 million, representing year-over-year growth of 18% at the midpoint. GAAP operating income is expected to be between $15 million to $19 million.

Latest news about Gilat Satellite Networks Ltd.

Gilat Satellite Networks Ltd. Receives Approximately $5 Million for Providing Services to A Latam Service Provider	Apr. 10	CI
Gilat Satellite Networks Gets Multimillion-Dollar Order to Develop Military Modem; Shares Rise	Apr. 09	MT
Gilat Satellite Networks Ltd. Receives Multimillion-Dollar Order from A Leading Defense Organization	Apr. 09	CI
Gilat Satellite Networks Ltd. Expands into Additional IFC Market Segments After Receiving over $3 Million in Orders from A Leading IFC Service Provider	Apr. 08	CI
Gilat Satellite Networks' Unit Wins $12 Million US Army Contract to Continue Satellite Connectivity Program	Apr. 02	MT
US Army Awards $12 Million Contract Extension to Gilat to Sustain Anytime, Anywhere Satellite Connectivity	Apr. 02	CI
Gilat Satellite Networks Ltd. Receives Over $13 Million in Additional Orders from Satellite Operators for its SkyEdge IV and SkyEdge II-c Platforms	Apr. 01	CI
Gilat Satellite Networks' Unit Wins $5 Million Department of Defense Order	Mar. 28	MT
Gilat Satellite Networks Ltd. Receives $5 Million Order from the US Department of Defense	Mar. 28	CI
Gilat Unveils Cloud and 5G NTN Evolution Strategy for SkyEdge IV	Mar. 19	CI
Safran: Israel's Gilat selected for in-flight connectivity contract	Mar. 05	CF
Safran Selects Gilat Satellite Networks Ltd. for Strategic, Multimillion-Dollar In-Flight Connectivity Program	Mar. 05	CI
Transcript : Gilat Satellite Networks Ltd., H2 2023 Earnings Call, Feb 26, 2024	Feb. 26
Gilat Satellite Networks Ltd. Provides Earnings Guidance for the Year 2024	Feb. 26	CI
Gilat Satellite Networks Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 26	CI
Gilat Satellite Networks Ltd. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 26	CI
Gilat Satellite Networks' US Unit Gets $10 Million Follow-on Order From US Department of Defense	Feb. 08	MT
Gilat Satellite Networks Ltd. Wins $10 Million Follow-On Order from the Us Department of Defense	Feb. 08	CI
Gilat Satellite Networks Ltd. Wins Multimillion-Dollar Defense Satellite Connectivity Project	Feb. 01	CI
Gilat Satellite Networks Wins $17 Million Contract From Pronatel to Expand Telecoms Project in Peru	Jan. 16	MT
Gilat Satellite Networks Ltd. Wins $17 Million Contract by Pronatel for the Expansion of Regional Telecommunications Project in Peru	Jan. 16	CI
Gilat Satellite Networks Receives Approximately $3 Million for a Satellite Connectivity Project from a National Police Force	Jan. 09	CI
Gilat Satellite Networks' Unit Awarded About $20 Million US Army Contract Extension for Satellite Connectivity	Dec. 04	MT
Gilat Satellite Networks Acquires DataPath	Nov. 16	MT
Gilat Satellite Networks Ltd. completed the acquisition of DataPath, Inc.	Nov. 15	CI

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Company Profile

Gilat Satellite Networks Ltd. is an Israel-based provider of satellite-based broadband communications. The Company operates through three segments: Commercial, Mobility, and Services divisions. The Company designs and manufactures satellite ground segment and networking communications equipment, which it sells to its customers either as network components (modems, Block Up converters (BUCs), antennas) or as complete network solutions (which include hubs and related terminals and services) or turnkey projects. The equipment that the Company develops includes commercial Very Small Aperture Terminals (VSAT) systems, defense and homeland security satellite communications systems, solid-state power amplifiers (SSPAs), BUCs, low-profile antennas, on-the-move/on-the-pause terminals, and modems. The Company's equipment is used by satellite operators, service providers, telecommunications operators, system integrators, government and defense organizations, large corporations, and enterprises.

Sector

Communications & Networking

Calendar

2024-05-07 - Q1 2024 Earnings Release

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Ratings for Gilat Satellite Networks Ltd.

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Analysts' Consensus

Sell

Buy

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OUTPERFORM

Number of Analysts

Last Close Price

5.14 USD

Average target price

8.5 USD

Spread / Average Target

+65.37%

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