Gilat Satellite Networks

Gilat Satellite Networks Ltd. engages in the provision of broadband satellite communication and networking solutions and services. It operates through the following business segments: Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects. The Fixed Networks segment provides advanced fixed broadband satellite communication networks, satellite communication systems and associated professional services and comprehensive turnkey solutions and fully managed satellite network services solutions. The Mobility Solutions segment provides advanced on-the-move satellite communications equipment, systems, and solutions, including airborne, maritime and ground-mobile satellite systems and solutions. The Terrestrial Infrastructure Projects segment provides network infrastructure construction of the fiber and microwave network of PRONATEL in Peru. The company was founded by Yoel Gat, Gideon Kaplan, Amiram Levinberg, Joshua Levinberg, and Shlomo Tirosh in 1987 and is headquartered in Petah Tikva, Israel.

Earnings data Q4 2020

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Earnings data Q3 2024

Gilat Satellite Networks reports robust earnings, poised for market expansion

Gilat Satellite Networks delivered strong financial performance in Q4 2022, with notable revenue growth and improved EBITDA. The company's strategic partnerships, diverse revenue streams, and focus on key market segments position it well for future success.
While facing challenges such as managing costs and optimizing profitability, Gilat has opportunities to capitalize on its strengths in the satellite communication market, expand into new markets, and drive innovation.
With a solid financial position, no debt, and positive cash flow, Gilat is well-equipped to navigate market dynamics, leverage growth opportunities, and deliver value to shareholders.

Gilat Satellite Networks reports robust Q1 performance and strategic growth

Gilat Satellite Networks delivered strong financial results in Q1 2023, driven by revenue growth, improved margins, and strategic initiatives.
The company's focus on partnerships, acquisitions, and product development positions it for continued growth and market expansion.
While facing challenges such as project cancellations and market dynamics, Gilat remains optimistic about its performance and future prospects.
With a solid balance sheet, strong guidance, and a diverse product portfolio, Gilat is well-positioned for sustained success and profitability.

Gilat Satellite Networks excels in Q2, eyes growth opportunities

Gilat Satellite Networks delivered a robust performance in Q2 2023, with increased revenue, profitability, and strategic achievements. The company's financial health remains strong, supported by a solid cash position and no debt. While facing working capital challenges, Gilat is well-positioned to capitalize on growth opportunities.

Gilat Satellite Networks (GILT) excels in Q3 2023 earnings call

Gilat Satellite Networks (GILT) reported a strong Q3 2023 performance, marked by revenue growth, profitability improvements, and strategic initiatives for future growth.
The company's focus on the Satellite Network segment, IFC market strength, and upcoming acquisition of DataPath position Gilat for continued success and expansion.
While challenges in maintaining margins and integrating acquisitions exist, Gilat's financial health, market presence, and growth opportunities paint a positive outlook for investors.

Gilat Satellite Networks reports robust 2023 results and eyes defense market growth

Gilat Satellite Networks had a strong performance in 2023, marked by revenue and EBITDA growth, strategic acquisitions, and advancements in key verticals. While facing the challenge of meeting ambitious 2024 targets, the company remains optimistic about growth opportunities in defense and new product development.

Gilat Satellite Networks (GILT) reports robust Q1 growth and eyes new market opportunities

Gilat Satellite Networks (GILT) delivered a stellar performance in Q1 2024, marked by strong revenue growth and improved profitability. The company's strategic acquisitions, leadership in satellite technologies, and diverse market presence position it well for future growth. While challenges exist in maintaining momentum, Gilat's focus on innovation and market expansion presents significant opportunities for continued success.

Gilat Satellite Networks reports robust Q2 growth and strategic acquisitions

Gilat's Q2 2024 earnings call showcased strong financial performance, market leadership in satellite technology, and strategic growth initiatives. The company's focus on defense, mobility, and expansion projects positions it well for future success.

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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

SES Certifies Gilat's SkyEdge IV Platform for O3b mPOWER, O3b and SES-17

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, announced that it has filed its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission containing audited consolidated financial statements for the year ended December 31, 2022.

Gilat Announces Filing of 2022 Annual Report

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 interoperability

ST Engineering iDirect and Gilat Satellite Networks Successfully Showcase Proof of Concept Utilizing DIFI Standard at Satellite 2023

The acquisition is another step in Gilat's initiative to increase its presence in the growing Defense market

Gilat Signs Definitive Agreement to Acquire DataPath, Inc. a Market Leader in Trusted Communications for the US DoD, Military and Government Sectors

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 market

Gilat Announces Launch of Endurance, a New Line of “Always-On” SSPA Products

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, announced today management's participation in the 35th Annual Roth Conference, which is taking place at the Ritz Carlton, Laguna Niguel in Dana Point, California.

Gilat to Participate in the 35th Annual Roth Conference on March 13, 2023

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 and mobility services

Hispasat and Gilat Expand Strategic Partnership with the Selection of Gilat's SkyEdge IV Platform for Amazonas Nexus

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 communications 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 communications

Gilat Announces Availability of SkyEdge IV Taurus-M, New Satellite Modem for Military and Government Markets

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 TIM Brasil to provide mobile coverage to all of Brazil's 5,570 municipalities

Gilat Enables TIM Brasil to Be First Network Operator with Coverage to 100% of Brazilian Cities

Gilat Satellite Networks Ltd. (NASDAQ:GILT ) Q4 2022 Earnings Conference Call February 14, 2023 9:30 AM ET Company Participants Ehud Helft - GK Investor Relations Adi Sfadia - CEO Gil Benyamini - CFO Conference Call Participants Chris Quilty - Quilty Analytics.

Gilat Satellite Networks Ltd (GILT) Q4 2022 Earnings Call Transcript

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 Presents Strong Fourth Quarter and Full Year 2022 Results

Antennas from Gilat to enable satellite-based internet for passenger trains Antennas from Gilat to enable satellite-based internet for passenger trains

Gilat Awarded Multimillion-Dollar Contract for SATCOM Expansion on Trains in Asia-Pacific

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 announced that it will release its fourth quarter and full year 2022 financial results on Tuesday, February 14, 2023.

Gilat to Report Fourth Quarter and Full Year 2022 Results on February 14th

PETAH TIKVA, Israel, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today management's participation in the 25th Annual Needham Growth Conference taking place at the Lotte New York Palace Hotel in New York City.

Gilat to Participate in the 25th Annual Needham Growth Conference on January 11, 2023

New hub expansions in the USA and Brazil to support in-flight connectivity growth in the Western Hemisphere New hub expansions in the USA and Brazil to support in-flight connectivity growth in the Western Hemisphere

Gilat and Intelsat Expand Their Strategic IFC Partnership with Multimillion-Dollar Agreements for the Americas

Gilat's SkyEdge II-c hubs will be used to support critical alert and warning capabilities of hundreds of federal, state, and local government agencies Gilat's SkyEdge II-c hubs will be used to support critical alert and warning capabilities of hundreds of federal, state, and local government agencies

Comlabs Selects Gilat for US Government Critical Communications Requirements

Gilat Satellite Networks Ltd. (NASDAQ:GILT ) Q3 2022 Earnings Conference Call November 14, 2022 9:30 AM ET Company Participants Ehud Helft - EK Global Investor Relations Adi Sfadia - Chief Executive Officer Gil Benyamini - Chief Financial Officer Conference Call Participants Gunther Karger - Discovery Group Martin Levin - EML Associates Caleb Henry - Quilty Analytics Operator Ladies and gentlemen, thank you for standing by.

Gilat Satellite Networks Ltd. (GILT) Q3 2022 Earnings Call Transcript

R evenue of $ 60.4 m illion, up 21% year-over-year, GAAP o perating income of $ 3.4 million versus $0.8 million in Q3 last year , and a djusted EBITDA of $ 7.3 m illion , up 88 % year-over- year

Gilat Presents Strong Growth and Results for Third Quarter 2022

Gilat's next generation satellite communication terminals to enable advanced capabilities in high/medium altitude, long-endurance unmanned aerial vehicles from the world-leading manufacturer Gilat's next generation satellite communication terminals to enable advanced capabilities in high/medium altitude, long-endurance unmanned aerial vehicles from the world-leading manufacturer

World-Leading UAV Manufacturer Selects Gilat in Multi-Year, Multimillion-Dollar Strategic Agreement for UAV Terminals

PETAH TIKVA, Israel, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that Telefónica Global Solutions (TGS) selected Gilat to extend 4G cellular backhaul over satellite for mobile operators serving rural areas in the northern part of Latin America. Within the framework of a multi-year agreement with TGS, Gilat will provide its SkyEdge II-c platform to increase support of the large regional projects.

Telefónica Global Solutions Selects Gilat to Extend 4G Cellular Coverage for Mobile Operators in Latin America

Gilat to provide connectivity and services to thousands of students in rural area Gilat to provide connectivity and services to thousands of students in rural area

Antamina Selects Gilat for Multimillion-Dollar E-Learning Project

Ka-band transceivers from Gilat's Wavestream subsidiary will support in-flight connectivity Ka-band transceivers from Gilat's Wavestream subsidiary will support in-flight connectivity

Gilat Awarded Over $10M to Power IFC Applications of Tier-1 Global Aerospace System Integrator

Gilat solutions deployed to modernize and expand connectivity of platforms, ships, and land stations of Brazil's largest oil and gas company Gilat solutions deployed to modernize and expand connectivity of platforms, ships, and land stations of Brazil's largest oil and gas company

Gilat Selected by Sencinet for Petrobras' Oil and Gas Industry Satellite Connectivity Project

PETAH TIKVA, Israel, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced that it will release its third quarter 2022 financial results on Monday, November 14, 2022.

Gilat to Report Third Quarter 2022 Results on November 14th

Global business opportunities materialized with SkyEdge IV, Gilat's multi-service, multi-orbit platform Global business opportunities materialized with SkyEdge IV, Gilat's multi-service, multi-orbit platform

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