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GILT - Gilat Satellite Networks: Strong Q2 Reaffirms The Bullish Outlook
Gilat Satellite Networks Ltd.
Gilat Satellite Networks reported Q2 results which beat expectations, including positive EPS.
The company benefits from an accelerating satellite industry investment cycle across cellular backhaul, 5G, in-flight connectivity, and military SATCOM networks.
An improved growth outlook and firming profitability can send shares higher.