Gilat Satellite Networks Stock (NASDAQ: GILT)

Gilat Satellite Networks (NASDAQ:GILT) Stock

Gilat Satellite Networks

Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications. The company designs and manufactures ground-based satellite communications equipment and provides comprehensive solutions and end-to-end services. Its portfolio includes a cloud-based satellite network platform, very small aperture terminals (VSATs), amplifiers, high-speed modems, on-the-move antennas and high-power solid-state power amplifiers (SSPAs), block-up converters (BUCs), and Transceivers. The company's solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense, and public safety.

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Gilat Satellite Networks Awarded Contract Over $7M For US Army

U.S. stock futures were lower this morning, with the Dow futures falling around 100 points on Monday.
Shares of Ultragenyx Pharmaceutical Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RARE#NASDAQ">RARE</a>) fell sharply in <a href="https://www.benzinga.com/quote/RARE">pre-market trading</a>.
Ultragenyx received a Complete Response Letter from the FDA for UX111 AAV gene therapy to treat Sanfilippo Syndrome Type A (MPS IIIA).
Ultragenyx Pharmaceutical shares dipped 8% to $27.15 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
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<li>MiNK Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INKT#NASDAQ">INKT</a>) shares tumbled 31% to $44.25 in pre-market trading. MiNK Therapeutics shares jumped 730% on Friday after the company announced a publication in Oncogene.</li>
<li>Above Food Ingredients Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABVE#NASDAQ">ABVE</a>) shares dipped 21.3% to $2.84 in pre-market trading after jumping 134% on Friday. Above Food Ingredients recently announced a merger agreement with Palm Global.</li>
<li>Newegg Commerce, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEGG#NASDAQ">NEGG</a>) declined 11.3% to $43.66 in pre-market trading after gaining 71% on Friday.</li>
<li>CEL-SCI Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVM#NYSE">CVM</a>) shares dipped 11% to $3.08 in pre-market trading after declining 8% on Friday. CEL-SCI recently announced it signed a partnership with a Saudi Arabian pharma and healthcare company.</li>
<li>Unusual Machines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMAC#NYSE">UMAC</a>) slipped 8% to $11.13 in pre-market trading after gaining 39% on Friday.</li>
<li>Gossamer Bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOSS#NASDAQ">GOSS</a>) declined 6.6% to $1.2700 in pre-market trading. Gossamer Bio, last month, completed enrollment in its registrational Phase 3 PROSERA study for pulmonary arterial hypertension</li>
<li>Gilat Satellite Networks Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILT#NASDAQ">GILT</a>) fell 4.1% to $7.22 in pre-market trading. Gilat Satellite Networks recently announced its commercial division received over $22 million in orders from satellite operators.</li>
<li>KalVista Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KALV#NASDAQ">KALV</a>) dipped 4% to $13.94 in pre-market trading after falling 6% on Friday. KalVista Pharma recently posted a wider-than-expected quarterly loss.</li>
<li>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) fell 1% to $209.22 in pre-market trading. Apple is in the midst of a significant management reshuffle. Despite the company's biggest crisis in years, CEO Tim Cook remains firmly at the helm.</li>
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Ultragenyx Pharmaceutical, Apple And Other Big Stocks Moving Lower In Monday's Pre-Market Session

WIIM

Gilat Satellite Networks shares are trading higher after the company announced its commercial division received over $22 million in orders from satellite operators.

Gilat Commercial Division Receives Over $22M In Orders From Satellite Operators, Scheduled For Delivery Over Next 12 Months

Gilat Secures $27M In Orders For Stellar Blu's High-Performance ESA Terminal Technology

Gilat Satellite Networks shares are trading higher after the company announced it secured a $40 million contract for its virtualized SkyEdge IV platform to accelerate 5G-NTN ground network connectivity.

Gilat Secures $40M Contract For Virtualized SkyEdge IV Platform, Accelerating 5G-NTN Ground Network Transformation

Gilat Satellite Networks shares are trading higher after the company announced it secured over $25 million in satellite orders from global satellite operators.

Gilat Secures Over $25M In Orders From Global Satellite Operators, Reinforcing Leadership In In-Flight Connectivity Market

Needham analyst Ryan Koontz reiterates Gilat Satellite Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILT#NASDAQ">GILT</a>) with a Buy and maintains $8.5 price target.

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Needham Reiterates Buy on Gilat Satellite Networks, Maintains $8.5 Price Target

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 150 points on Monday.
The Dow traded up 0.40% to 42,825.71 while the NASDAQ rose 0.02% to 19,215.06. The S&amp;P 500 also rose, gaining, 0.13% to 5,965.84.
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Leading and Lagging Sectors Consumer staples shares rose by 0.1% on Monday.
In trading on Monday, energy stocks dipped by 1.5%.
Top Headline
Global Ship Lease, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) reported upbeat results for the first quarter on Monday.
The company posted quarterly earnings of $2.65 per share which beat the analyst consensus estimate of $2.31 per share. The company reported quarterly sales of $190.97 million which beat the analyst consensus estimate of $175.23 million.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
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<li>Shares of Protagenic Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTIX#NASDAQ">PTIX</a>) got a boost, surging 163% to $7.96 after the company entered a business combination with Phytanix</li>
<li>Novavax, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVAX#NASDAQ">NVAX</a>) shares were also up, gaining 8% to $7.29 after the company provided FY25, 2026, and 2027 R&amp;D and SG&amp;A expense guidance. The FDA gave its conditional approval to its COVID-19 vaccine, targeting specific populations under particular conditions.</li>
</ul>
Equities Trading DOWN
<ul class="wp-block-list">
<li>Gilat Satellite Networks Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILT#NASDAQ">GILT</a>) shares dropped 9% to $6.08 after the company reported a first-quarter revenue miss.</li>
<li>Shares of Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) were down 10% to $11.64. Quantum Computing, last week, reported better-than-expected first-quarter EPS results.</li>
<li>Archer Aviation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>) was down, falling 10% to $12.01.</li>
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Commodities In commodity news, oil traded up 0.1% to $62.51 while gold traded up 1.4% at $3,233.
Silver traded up 0.2% to $32.410 on Monday, while copper rose 1% to $4.6390.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 fell 0.20%, while Spain's IBEX 35 Index rose 0.06%. London's FTSE 100 fell 0.14%, Germany's DAX 40 gained 0.28% and France's CAC 40 slipped 0.30% during the session.
Asia Pacific Markets
Asian markets closed mostly lower on Monday, with Japan's Nikkei falling 0.68%, Hong Kong's Hang Seng Index declining 0.05%, China's Shanghai Composite Index falling 0.004% and India's BSE Sensex declining 0.33%.
Economics
The CB Leading Index fell 1% month-over-month in April.
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Gold Gains Over 1%; Protagenic Therapeutics Shares Spike Higher

Gilat Satellite Networks Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILT#NASDAQ">GILT</a>) shares are trading lower on Monday by over 9% after the company missed <a href="https://www.benzinga.com/pressreleases/25/05/g45490116/gilat-reports-first-quarter-2025-results" target="_blank" rel="noreferrer noopener">the consensus of $100.2 million</a> for first-quarter 2025 revenue growth.
The Israel-based company reported $92 million in year-over-year revenue for Q1. That&#8217;s a 21% increase. In addition:
<ul class="wp-block-list">
<li>Adjusted operating income was $5.2 million, down from $6.6 million in the first quarter of 2024.</li>
<li>Adjusted EBITDA&nbsp;declined to $7.6 million from $9.3 million in the prior year quarter.</li>
<li>The company reported a loss of about $3.6 million from Gilat Stellar Blu&#8217;s ramp-up process. Excluding this loss, adjusted EBITDA came in at $11.2 million.</li>
</ul>
Adi Sfadia, Gilat&#8217;s CEO, said the company&#8217;s growth is supported by &#8220;macro-geopolitical factors that are driving increased investment in secure, mission-critical communications worldwide.&#8221;
Sfadia added that Gilat Stellar Blu&#8217;s ramp up is &#8220;on track&#8221;, and that its Sidewinder ESA is now flying on over 150 aircraft.
Outlook: The company reiterated its 2025 guidance for revenue of $415 million-$455 million (vs. consensus of $435.07 million), representing <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">growth of 42% Y/Y at the midpoint</a>.
Gilat projects adjusted EBITDA of $47 and $53 million, representing growth of 18% Y/Y at the midpoint.
As of March 31, cash and cash equivalents stood at $63.8 million.
Price Action: GILT shares are down 9.31% at $6.06 at the last check on Monday.
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</ul>
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Gilat Q1 Revenue Climbs 21%, But Falls Short of Expectations

Gilat Satellite Networks shares are trading lower after the company reported a Q1 revenue miss.

Gilat Satellite Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILT#NASDAQ">GILT</a>) affirms FY2025 sales outlook from $415.00 million-$455.00 million to $415.00 million-$455.00 million vs $435.07 million estimate.

Gilat Satellite Networks Affirms FY2025 Sales Guidance of $415.00M-$455.00M vs $435.07M Est

Gilat Satellite Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILT#NASDAQ">GILT</a>) reported quarterly earnings of $0.03 per share which met the analyst consensus estimate. This is a 72.73 percent decrease over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $92.04 million which missed the analyst consensus estimate of $100.20 million by 8.15 percent. This is a 20.98 percent increase over sales of $76.08 million the same period last year.

Earnings Misses

Gilat Satellite Networks Q1 Adj. EPS $0.03, Inline, Sales $92.04M Miss $100.20M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) is estimated to report quarterly earnings at $2.33 per share on revenue of $172.23 million. 
• Niu Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIU#NASDAQ">NIU</a>) is expected to report earnings for its first quarter. 
• ICL Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) is projected to report quarterly earnings at $0.08 per share on revenue of $1.77 billion. 
• Sohu.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOHU#NASDAQ">SOHU</a>) is projected to report earnings for its first quarter. 
• Gilat Satellite Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILT#NASDAQ">GILT</a>) is likely to report quarterly earnings at $0.07 per share on revenue of $100.20 million. 
• ZIM Integrated Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) is projected to report quarterly earnings at $1.96 per share on revenue of $1.84 billion. 
• Target Hospitality (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TH#NASDAQ">TH</a>) is expected to report quarterly loss at $0.02 per share on revenue of $65.37 million. 
• Interactive Strength (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRNR#NASDAQ">TRNR</a>) is estimated to report earnings for its first quarter. 
• CBAK Energy Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBAT#NASDAQ">CBAT</a>) is estimated to report quarterly earnings at $0.00 per share on revenue of $52.16 million. 
• Oxford Lane Capital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OXLC#NASDAQ">OXLC</a>) is likely to report quarterly earnings at $0.28 per share on revenue of $115.00 million. 
• Compugen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGEN#NASDAQ">CGEN</a>) is likely to report quarterly loss at $0.05 per share on revenue of $3.70 million. 
<h3>Companies Reporting After The Bell</h3>
• Yalla Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YALA#NYSE">YALA</a>) is projected to report quarterly earnings at $0.00 per share on revenue of $81.80 million. 
• Safe Bulkers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SB#NYSE">SB</a>) is expected to report quarterly earnings at $0.03 per share on revenue of $57.92 million. 
• 8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) is projected to report quarterly earnings at $0.08 per share on revenue of $177.98 million. 
• TAT Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TATT#NASDAQ">TATT</a>) is likely to report quarterly earnings at $0.31 per share on revenue of $42.59 million. 
• Zepp Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZEPP#NYSE">ZEPP</a>) is expected to report earnings for its first quarter. 
• Qifu Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QFIN#NASDAQ">QFIN</a>) is projected to report quarterly earnings at $1.72 per share on revenue of $615.60 million. 
• Transcat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRNS#NASDAQ">TRNS</a>) is estimated to report quarterly earnings at $0.62 per share on revenue of $76.40 million. 
• Trip.com Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>) is estimated to report quarterly earnings at $0.86 per share on revenue of $1.91 billion. 
• Agilysys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGYS#NASDAQ">AGYS</a>) is projected to report quarterly earnings at $0.29 per share on revenue of $71.42 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AGYS

CBAT

CGEN

EGHT

OXLC

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SOHU

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Earnings Scheduled For May 19, 2025

Gilat Satellite Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILT#NASDAQ">GILT</a>) is gearing up to announce its quarterly earnings on Monday, 2025-05-19. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Gilat Satellite Networks will report an earnings per share (EPS) of $0.07.
Gilat Satellite Networks bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.03, which was followed by a 3.59% drop in the share price the next day.
Here's a look at Gilat Satellite Networks's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.12</td>
<td>0.05</td>
<td>0.04</td>
<td>0.06</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.15</td>
<td>0.14</td>
<td>0.10</td>
<td>0.11</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-4.0%</td>
<td>-2.0%</td>
<td>4.0%</td>
<td>-0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1747404109_0.png" alt="eps graph" />
<h3>Market Performance of Gilat Satellite Networks's Stock</h3>
Shares of Gilat Satellite Networks were trading at $6.69 as of May 15. Over the last 52-week period, shares are up 23.13%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/GILT/earnings">To track all earnings releases for Gilat Satellite Networks visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Preview: Gilat Satellite Networks's Earnings

Gilat Satellite Networks Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILT#NASDAQ">GILT</a>, TASE: GILT))), a worldwide leader in satellite networking technology, solutions and services, announced today the successful completion of a series of test flights featuring its ESR-2030Ku electronically steered antenna (ESA). Conducted in collaboration with Gogo, which will be the exclusive distributor of the antenna for the business aviation and defense markets, the tests demonstrated outstanding performance of the ESA on the OneWeb Low Earth Orbit (LEO) network.
The ESR-2030Ku—designed for mobility and engineered for efficiency—delivered full-duplex connectivity with throughput of 195 Mbps downlink and 32 Mbps uplink. The terminal remained stable and reliable throughout the tests, even in demanding performance scenarios.

Gilat Satellite Networks Completes Series Of Test Flights Featuring ESR-2030Ku Electronically Steered Antenna

Gilat Secures $15M+ In Orders As Demand Grows Across LEO, MEO, And GEO Satellite Networks

Gilat Satellite's Defense Division Secures Multimillion Order For Advanced Antenna Technology From Global Defense Organization

Press Releases

Gilat to Report First Quarter 2025 Results on Monday, May 19th

Gilat to Participate in the 20th Annual Needham Technology, Media & Consumer Conference on May 13th, 2025

General

Gogo confirms outstanding Plane Simple ESA flight test campaign

Gilat Expands and Adds to its ESA Antenna Portfolio with a Successful Test Flight of ESR-2030Ku on Eutelsat OneWeb Low Earth Orbit (LEO) Network

Gilat Reports First Quarter 2025 Results

Gilat Receives Over $25 Million in Orders for its Multi-Orbit Satellite Solutions

Gilat Signs a $40 Million Contract for Virtualized SkyEdge IV Platform

Gilat Secures $27 Million for Gilat's Stellar Blu Portfolio

Gilat Awarded Over $22 Million in Orders from Tier One Satellite Operators

Gilat Awarded More Than $7 Million to Provide the U.S. Army With Services in Support of Mission-Critical Communications

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