About Gilat Satellite Networks Ltd. - Ordinary Shares (GILT)
Gilat Satellite Networks is a global provider of satellite-based communication solutions, specializing in the design and manufacture of advanced satellite ground equipment, as well as offering innovative network solutions to ensure reliable connectivity in diverse environments. The company serves a wide range of sectors, including telecommunications, government, and enterprise markets, delivering services such as broadband internet access, mobile communications, and secure communication networks. With a focus on enhancing connectivity in remote areas and challenging conditions, Gilat's technology aims to connect people, businesses, and institutions around the world, facilitating seamless communication and data transfer. Read More
Gilat (NASDAQ: GILT) received $23M contract for support services of satellite terminals used by US DoD. Recently also received $6M order for military communications solutions.
GILT stock results show that Gilat Satellite Networks beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.
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