Gilat Satellite Networks Ltd. is a global provider of satellite-based broadband communications, delivering technology solutions for satellite, ground, and new space connectivity. They offer end-to-end solutions and services, including cloud-based platforms, satellite terminals, SOTM antennas, SSPAs, and BUCs, supporting multi-orbit constellations, VHTS, and SDS. Gilat partners with satellite operators, service providers, and MNOs, serving commercial and defense markets. Keywords associated with Gilat are satellite communications, broadband, ground systems, and connectivity solutions.
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Gilat Satellite Networks Ltd. reported GAAP net income of $0.2 million, or $0.00 per diluted share, in the quarter prior to 2021-10-01.
Gilat Satellite Networks Ltd. reported a Non-GAAP operating loss of $1,600,000 in 2020-10-01.
Gilat Satellite Networks Ltd. reported Non-GAAP operating income of $6,800,000 in 2021-10-01.
Gilat Satellite Networks Ltd. reported GAAP operating income of $62,700,000 for 2020-10-01, which included a one-time net income of $64,800,000 related to a settlement with Comtech.
Gilat Satellite Networks Ltd. reported Adjusted EBITDA of $10,600,000 for 2021-10-01.
Gilat Satellite Networks Ltd. reported fourth quarter 2021 revenue was up 35% compared with $49,900,000 in the previous quarter.
Gilat Satellite Networks Ltd. reported GAAP operating income of $900,000 in the previous quarter before 2021-10-01.
Gilat Satellite Networks Ltd. reported GAAP net income of $62.4 million, or $1.12 per diluted share, for 2020-10-01, with that result including the Comtech settlement net income.
Gilat Satellite Networks Ltd. reported Adjusted EBITDA of $1,100,000 in 2020-10-01.
Gilat Satellite Networks Ltd. reported Adjusted EBITDA of $4,000,000 in the quarter prior to 2021-10-01.
Excluding the Comtech settlement item, Gilat Satellite Networks Ltd. would have had an operating loss of $2,100,000 in 2020-10-01.
Gilat Satellite Networks Ltd. reported Non-GAAP net loss of $1.9 million, or a loss of $0.03 per diluted share, in 2020-10-01.
Gilat Satellite Networks Ltd. reported fourth quarter 2021 revenue of $67,300,000.
SkyEdge IV is Gilat’s next-generation platform designed to operate with adaptable very high throughput satellites (VHTS) to provide end-users capacity where and when needed.
SES selected Gilat’s SkyEdge IV platform to operate with its SES-17 satellite.
Gilat’s SkyEdge IV is a multi-orbit platform designed to interface and smoothly integrate with non-geostationary constellations and geostationary VHTS such as SES-17.
Gilat’s SkyEdge IV supports cloud infrastructure, includes an Elastix-Access Scheme, and is designed to work with next-generation software-defined satellites.
Comtech paid Gilat Satellite Networks $70,000,000 after merger plans announced 2020-01-29 fell apart about nine months later.
The hubs and VSATs supplied by Gilat are intended to support expanded satellite coverage over the entire Eurasia region.
Gilat’s SkyEdge II-c platform will be used to modernize and expand satellite communications across the Eurasia region for maritime, land mobility, and consumer coverage applications.