Gilat Satellite Networks

The Peruvian subsidiary of Gilat Satellite Networks has signed a $14 million contract with the regional government of Ayacucho under the “Obras por Impuestos” program for a fiber broadband project. The project is to be completed within 18 months and will lay over 1,060 km of fiber as well as provide network monitoring, LAN installations, end-user devices and training. A total of 273 public facilities (236 schools, 37 health centers) in 109 communities will be connected and around 20,000 residents will benefit from improved connectivity. » Mere på de.investing.com

Gilat reported Q2 2026 revenue of $122.7 million (+17% YoY) and diluted EPS of $0.10, narrowly beating the revenue expectation and meeting the EPS estimate. Adjusted EBITDA rose 31% to $15.4 million, the EBITDA margin improved to 12.6%, and the company reaffirmed its full-year guidance (revenue $500–520 million, adjusted EBITDA $61–66 million). The stock fell about 5% premarket as investors highlighted negative operating cash flows, expected currency costs of $3–5 million in H2, and the absence of a larger surprise. » Mere på de.investing.com

Gilat Satellite Networks has won orders worth more than $20 million from a global satellite operator for SkyEdge services and systems. The orders, representing about 4% of revenue over the past twelve months, include ongoing services, ground-segment systems and network management for multi-orbit connectivity; the bulk of deliveries is expected within 24 months. The portfolio supports mobility, enterprise broadband and mobile backhaul; according to analysis the balance sheet shows more cash than debt, but the stock is trading above the fair-value estimate. » Mere på de.investing.com