Gilat Satellite Networks

6.30

+0.04000.64%

Post-market: 6.300.00000.00%16:05 EDT

Volume:148.27K

Turnover:932.84K

Market Cap:359.51M

PE:14.46

High:6.35

Open:6.24

Low:6.24

Close:6.26

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Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. 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GILT stock has proved resilient amid a volatile market environment with a 23.2% gain in the past six months against the Zacks Satellite and Communication industry’s the Zacks Computer and Technology sector and the S&P 500 composite’s decline of 7.6%, 15.9% and 10.6%, respectively.In February 2025, GILT announced the formation of its new Defense Division to address the increasing demand for secure government and military SATCOM solutions. Gilat Defense unifies the expertise of Gilat, Gilat DataPath and Gilat Wavestream under one umbrella to deliver end-to-end, mission-critical SATCOM solutions for military, homeland security and government agencies. In January 2025, GILT announced that its wholly owned U.S.-based subsidiary, Gilat DataPath, secured contracts exceeding $5 million. 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