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GILT News and Press, Gilat Satellite Networks Ltd. From 12/29/21

Stock Information

Company Name: Gilat Satellite Networks Ltd.
Stock Symbol: GILT
Market: NASDAQ
Website: gilat.com

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GILT - Gilat rises 2% on multi-million dollar deal in Eurasia

Gilat Satellite Networks (NASDAQ:GILT) rises 1.95% on a multi-million dollar deal to modernize and expand satellite communications in Eurasia for multiple applications Throughout this expansion and modernization, the old equipment will be replaced and legacy networks will be co...

GILT - Gilat Signs Multi-Million Dollar Deal to Modernize and Expand Satellite Communications in Eurasia for Multiple Applications

PETAH TIKVA, Israel, Dec. 29, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that one of the largest satellite service providers in Eurasia, has chosen Gilat as...

GILT - Gilat Satellite: Close To A Firm Intermediate Bottom

Shares remain well down from their pre-Q3 price but we are now closing in on an intermediate buy signal. The pipeline and recent contract wins point to significant top and bottom-line growth next year. The return to EBIT growth in Q3 is also a sign that the upward trend is about t...

GILT - Gilat Satellite Networks nabs solid state amplifiers order worth $5M

Gilat Satellite Networks (NASDAQ:GILT) announced a follow-on order of $5M+ from a Tier-1 US global military terminal provider for Solid State Power Amplifiers for satellite communication terminals sold to militaries across the world. Further contract expansion for Wavestream MicroStream ...

GILT - Tier-1 US Global Military Terminal Provider Places Order of Over $5M with Gilat for Solid State Amplifiers

PETAH TIKVA, Israel, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today a follow-on order of over $5M from a Tier-1 US global military terminal provider fo...

GILT - Why You Should Consider Adding These 3 Buy-Rated Small-Cap Tech Stocks to Your Portfolio

The resurgence of COVID-19 cases and continuing digital transformation have been steering investors’ attention toward tech stocks. And since the low-interest-rate environment is expected to prevail in the near term, we think it could be wise to bet on quality small-cap tech stocks Gila...

GILT - Africa's Largest Satellite Cellular Backhaul Network Extends Coverage with Gilat's Technology to a Dozen Countries in Africa

PETAH TIKVA, Israel, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that Africa's largest satellite cellular backhaul network is extending its coverage...

GILT - Gilat Satellite Networks (GILT) CEO Adi Sfadia on Q3 2021 Results - Earnings Call Transcript

Gilat Satellite Networks (GILT) Q3 2021 Results Conference Call November 09, 2021 09:30 AM ET Company Participants Ehud Helft - GK IR Adi Sfadia - CEO Bosmat Halpern - CFO Conference Call Participants Chris Quilty - Quilty Analytics Gunther Karger - Discovery Group Presentation Operator Ladie...

GILT - More insight on Gilat Satellite's 4% jump despite missing Q3 revenue

Gilat Satellite (GILT +3.6%) shows a 34% increase in Q3 revenue to $49.9M, misses consensus by $11.91M GAAP operating income of $0.9M, a significant improvement compared with an operating loss of $10.9M in Q3 2020. Non-GAAP operating income of $1.5M, compared with operating loss of $1.9M...

GILT - Gilat Satellite EPS beats by $0.02, misses on revenue

Gilat Satellite (NASDAQ:GILT): Q3 Non-GAAP EPS of $0.01 beats by $0.02; GAAP EPS of $0.00 beats by $0.01. Revenue of $49.91M (+33.8% Y/Y) misses by $11.91M. Shares +2.07% PM. Press Release Adjusted EBITDA of $4.0 million compared with adjusted EBITDA of $0.6 million in Q3 2020; and adjusted E...

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