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PETAH TIKVA - Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a prominent provider of satellite networking technology with a market capitalization of $326.4 million, has announced receiving orders exceeding $25 million from key global satellite operators. The orders, which are to be fulfilled throughout 2025 and 2026, underscore the industry’s trust in Gilat’s comprehensive product and service offerings. According to InvestingPro data, the company has demonstrated strong revenue growth of 13.49% over the last twelve months.
The company, known for its satellite networking solutions, has seen a surge in demand, particularly for its In-Flight Connectivity (IFC) technologies. These technologies are designed to meet the rigorous demands of mobile services, where consistent performance and reliability are crucial. Ron Levin, President of Gilat’s Commercial Division, stated that the increased orders reflect the growing need for high-quality broadband in aviation and the confidence in Gilat’s capabilities to deliver across various satellite communication applications. InvestingPro analysis shows the company maintains healthy profitability with a gross margin of 35.37% and positive earnings expectations for the current year.
Gilat’s offerings cater to multi-orbit constellations—GEO, MEO, and LEO—including ground segment infrastructure, network management systems, and value-added services. These technologies are part of a broader portfolio that supports commercial satellite applications, aiming to enhance network value and customer satisfaction.
With over 35 years of industry experience, Gilat Satellite Networks provides satellite-based broadband communications. Its integrated solutions are utilized in government and defense, mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure. Based on InvestingPro’s Fair Value analysis, the stock currently appears undervalued, presenting a potential opportunity for investors looking for exposure to the satellite communications sector.
The company’s statement also highlighted its commitment to connecting people worldwide and its focus on delivering communication solutions to all corners of the globe. Gilat’s subsidiaries, including Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu, contribute to its ability to offer high-value solutions for Very High Throughput Satellites (VHTS), Software-Defined Satellites (SDS), and various other satellite technologies.
This announcement is based on a press release statement from Gilat Satellite Networks Ltd. and reflects the company’s ongoing efforts to expand its reach and capabilities within the satellite communications market.
In other recent news, Gilat Satellite Networks reported first-quarter 2025 results that did not meet analyst expectations. The company posted adjusted earnings per share of $0.03, falling short of the consensus estimate of $0.07. Revenue reached $92 million, which was below the projected $94.47 million but showed a 21% increase from the previous year. Gilat reported a GAAP net loss of $6.0 million, or -$0.11 per share, compared to a net income of $5.0 million in the same quarter last year. This loss was primarily due to ramp-up costs for its Gilat Stellar Blu business and other expenses related to amortization and acquisitions. Despite these results, Gilat reiterated its full-year 2025 revenue guidance, projecting between $415 million and $455 million, aligning with analyst consensus. CEO Adi Sfadia highlighted strong execution and significant momentum in the Gilat Defense segment, driven by increased demand for secure communications solutions. Additionally, the company’s in-flight connectivity business is expanding, with its Sidewinder ESA system now operational on over 150 aircraft.
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