Gilat Satellite Networks (NASDAQ:GILT) Releases Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Gilat Satellite Networks (NASDAQ:GILT) posted its quarterly earnings data on Monday. The communications equipment provider reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.04), Zacks reports. Gilat Satellite Networks had a net margin of 8.14% and a return on equity of 9.74%. Gilat Satellite Networks updated its FY 2025 guidance to EPS.

Gilat Satellite Networks Stock Performance

Shares of GILT opened at $6.68 on Monday. Gilat Satellite Networks has a one year low of $4.04 and a one year high of $8.05. The company has a 50-day moving average of $6.38 and a two-hundred day moving average of $6.37. The stock has a market cap of $380.87 million, a price-to-earnings ratio of 15.18 and a beta of 0.37. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.52 and a quick ratio of 2.14.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on GILT shares. Needham & Company LLC restated a “buy” rating and issued a $8.50 price target on shares of Gilat Satellite Networks in a research report on Wednesday, February 26th. StockNews.com downgraded shares of Gilat Satellite Networks from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 7th.

About Gilat Satellite Networks

Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services. Its portfolio consists of cloud-based satellite network platform, very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state power amplifiers, block upconverters, transceivers, and defense ground systems and field services.