Research analysts who have asked questions during GILAT SATELLITE NETWORKS earnings calls.
Christopher Quilty
Quilty Space
4 questions for GILT
Also covers: ASTS, BKSY, GSAT +7 more
Gunther Karger
Discovery Group
4 questions for GILT
Also covers: CRNT
LD
Louie DiPalma
William Blair
4 questions for GILT
Also covers: AIR, ASTS, AVAV +16 more
Ryan Koontz
Needham & Company, LLC
4 questions for GILT
Also covers: AAOI, ADTN, ANET +27 more
SG
Sergey Glinyanov
Analyst
3 questions for GILT
Also covers: ISSC, ITRN, TATT +1 more
OE
Omri Efroni
Oppenheimer & Co. Inc.
2 questions for GILT
SG
Serge Guillermo
H.C. Wainwright & Co.
1 question for GILT
Recent press releases and 8-K filings for GILT.
Gilat Satellite Networks Discusses 2025 Growth Drivers and Future Outlook
GILT
Guidance Update
M&A
Revenue Acceleration/Inflection
- Gilat Satellite Networks provided 2025 revenue guidance of $445-$455 million, representing 47% growth, and EBITDA guidance at a midpoint of $52 million, a 23% growth, driven by both organic and inorganic initiatives.
- The in-flight connectivity (IFC) segment, accounting for about 40% of revenues, is a major growth driver, significantly boosted by the January 2025 acquisition of Stellar Blu and an additional $100 million in orders received in 2025.
- The defense segment's revenues reached $100 million in 2025, up from less than $30 million two years prior, largely due to the 2023 acquisition of DataPath, with a projected doubling to $200 million in the next three to four years.
- Gilat's Peru business provides over $50 million in recurring revenues and is anticipated to grow to an $80 million run rate within the next two to three years, with recent awards for network upgrades.
6 days ago
Gilat Satellite Networks Provides 2025 Financial Guidance and Strategic Updates
GILT
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- Gilat Satellite Networks expects 2025 revenues between $445-$455 million, representing 47% growth compared to the previous year, and EBITDA to grow from $42 million to a midpoint of $50-$52 million, a 23% growth.
- The In-Flight Connectivity (IFC) segment accounts for about 40% of revenues (just under $200 million), and the defense market represents just under 25% of the business.
- The Stellar Blu acquisition in 2025 was a significant growth driver, expected to contribute $120-$150 million in revenues for 2025. The company anticipates further large orders from SES and Panasonic in 2026 and expects to complete Linefit certification with Boeing by the end of Q2 2026.
- The defense segment, enhanced by the DataPath acquisition, grew to $100 million in 2025 and is projected to reach $200 million in the next 3-4 years. The Peru segment currently generates over $50 million in recurring revenues and is expected to grow to an $80 million run rate in the next 2-3 years.
6 days ago
Gilat Satellite Networks Provides 2025 Financial Outlook and Growth Strategy
GILT
Guidance Update
M&A
Revenue Acceleration/Inflection
- Gilat Satellite Networks expects 2025 revenues to be between $445-$455 million, representing 47% growth, and EBITDA to reach a midpoint of $52 million, a 23% growth.
- Key growth drivers include the in-flight connectivity (IFC) market, which represents about 40% of revenues and was boosted by the Stellar Blu acquisition in January 2025, and the defense market, expected to reach $100 million in 2026 following the DataPath acquisition in 2023.
- The company's Peru segment contributes over $50 million in recurring revenues and is projected to grow to an $80 million run rate in the next 2-3 years, with an $85 million upgrade awarded in 2025.
- Gilat's SkyEdge 4 platform is designed for multi-orbit and very high throughput constellations, positioning the company to capitalize on increasing satellite capacity and decreasing launch costs, with a focus on VHTS and NGSO.
- The company is actively pursuing inorganic transactions to expand its business and addressable market, having recently raised $166 million.
6 days ago
Gilat Satellite Networks Announces Oversubscribed Private Placement
GILT
New Projects/Investments
M&A
- Gilat Satellite Networks Ltd. announced an oversubscribed private placement, raising US$100 million from Israeli institutional and accredited investors.
- The company expects to issue 8,888,889 Ordinary Shares at a purchase price of US$11.25 per share, which represents an approximately 7.9% discount to the 10-day Volume Weighted Average Price (VWAP) ending December 15, 2025.
- These newly issued shares are expected to represent approximately 12.15% of the company's issued and outstanding Ordinary Shares after the sale.
- Gilat anticipates receiving net proceeds of approximately US$98.8 million, which it intends to use for general corporate purposes, including potential strategic acquisitions.
- The closing of the transaction is subject to customary conditions and is expected to be completed in December 2025.
Dec 16, 2025, 11:39 AM
Gilat Receives Over $6 Million in Orders for LEO Constellations
GILT
New Projects/Investments
Revenue Acceleration/Inflection
- Gilat Satellite Networks Ltd. announced that its Commercial Division received orders exceeding $6 million.
- These orders are for Gilat Wavestream’s Gateway Solid State Power Amplifiers (SSPAs).
- The SSPAs are intended to support Low Earth Orbit (LEO) constellations.
- Deliveries for these orders are expected over the next 12 months.
Nov 20, 2025, 12:00 PM
Gilat Satellite Networks Reports Strong Q3 2025 Results and Raises Full-Year Guidance
GILT
Earnings
Guidance Update
New Projects/Investments
- Gilat Satellite Networks reported Q3 2025 revenues of $117.7 million, a 58% increase year-over-year, and adjusted EBITDA of $15.6 million, up 46% from Q3 2024.
- The company updated its full-year 2025 guidance, narrowing the revenue range to $445 million to $455 million (midpoint 47% growth) and adjusted EBITDA to $51 million to $53 million (midpoint 23% growth).
- Key orders in Q3 2025 included $42 million for SkyH4 for in-flight connectivity, over $60 million for Stellar Blue's Sidewinder ESA IFC terminal, and $85 million in total for Peru expansion projects.
- The balance sheet was strengthened by a $66 million private placement, resulting in $155 million in total cash, cash equivalents, and restricted cash as of September 30, 2025.
Nov 12, 2025, 2:30 PM
Gilat Satellite Networks Reports Strong Q3 2025 Results and Raises Full-Year Guidance
GILT
Earnings
Guidance Update
New Projects/Investments
- Gilat Satellite Networks reported Q3 2025 revenues of $117.7 million, a 58% increase year-over-year compared to Q3 2024, and adjusted EBITDA of $15.6 million, up 46% from the same quarter last year.
- The company raised and narrowed its full-year 2025 guidance, now expecting revenues between $445-$455 million (representing 47% growth at the midpoint) and adjusted EBITDA between $51-$53 million (representing 23% growth at the midpoint).
- Significant new orders and awards in Q3 2025 included $85 million for Peru projects, $60 million for Stellar Blu's Sidewinder ESA IFC terminal, $42 million for SkyEdge IV, and $14 million for DKET terminals from the U.S. Army and Department of Defense.
- Gilat ended Q3 2025 with a strong cash position of $155 million as of September 30, 2025, following a $66 million private placement from institutional and accredited investors.
- Stellar Blu's production is ramping up, with profitability expected to begin in Q4, and gross margins are anticipated to improve significantly in 2026.
Nov 12, 2025, 2:30 PM
Gilat Satellite Networks Reports Strong Q3 2025 Results and Raises Full-Year Guidance
GILT
Earnings
Guidance Update
New Projects/Investments
- Gilat reported strong Q3 2025 revenues of $117.7 million, a 58% increase year-over-year, and adjusted EBITDA of $15.6 million, up 46% from Q3 2024.
- The company narrowed and raised its full-year 2025 guidance, projecting revenues between $445-$455 million and adjusted EBITDA between $51-$53 million.
- Significant orders were secured, including over $14 million for defense terminals, $42 million for SkyEdge 4, more than $60 million for Stellar Blu's Sidewinder IFC terminal, and an additional $25 million for a Peru expansion project, bringing the total for Peru in the quarter to $85 million.
- Gilat's balance sheet was strengthened by a $66 million private placement, resulting in a $155 million cash position as of September 30, 2025.
- StellarBlue generated close to $30 million in revenue in Q3 2025 and is expected to become profitable starting Q4, with significant gross margin improvement anticipated in 2026.
Nov 12, 2025, 2:30 PM
Gilat Satellite Networks Reports Strong Q3 2025 Results and Raises Full-Year Guidance
GILT
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Gilat Satellite Networks Ltd. reported Q3 2025 revenues of $117.7 million, marking a 58% increase from Q3 2024, with GAAP operating income of $7.5 million and Adjusted EBITDA of $15.6 million.
- GAAP net income for Q3 2025 was $8.1 million, or $0.14 per diluted share, and Non-GAAP net income was $11.8 million, or $0.19 per diluted share.
- The company raised the midpoint of its full-year 2025 revenue guidance to between $445 million and $455 million, and Adjusted EBITDA guidance to between $51 million and $53 million.
- Significant business developments include a $66 million private placement and new orders totaling $85 million from Pronatel in Peru, alongside multi-million dollar contracts from the U.S. Department of Defense and the Israeli Ministry of Defense.
Nov 12, 2025, 12:13 PM
Gilat Satellite Networks Ltd. Reports Strong Q3 2025 Results and Raises Full-Year Guidance
GILT
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Gilat Satellite Networks Ltd. reported revenues of $117.7 million for Q3 2025, a 58% increase compared to $74.6 million in Q3 2024.
- The company's GAAP operating income rose to $7.5 million in Q3 2025, up from $6.7 million in Q3 2024, and Adjusted EBITDA grew to $15.6 million from $10.7 million in Q3 2024.
- Gilat is raising the midpoint of its full-year 2025 financial outlook, with expected revenues now between $445 million and $455 million and Adjusted EBITDA between $51 million and $53 million.
- During the quarter, Gilat completed a $66 million private placement, which the CEO noted reflects investor confidence and provides additional resources for growth.
Nov 12, 2025, 12:00 PM
Quarterly earnings call transcripts for GILAT SATELLITE NETWORKS.
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