Gilat Reports Third Quarter 2024 Results
Gilat Satellite Networks Ltd. - Ordinary Shares (GILT)
US:NASDAQ Investor Relations:
gilat.com/investor-relations
Company Research
Source: GlobeNewswire
Revenues Increased by 17% Year-over-Year GAAP Operating Income of $6.7 Million Adjusted EBITDA of $10.7 Million PETAH TIKVA, Israel, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the third quarter, ended September 30, 2024. Third Quarter 2024 Financial Highlights Revenues of $74.6 million, up 17% compared with $63.9 million in Q3 2023;GAAP operating income of $6.7 million, compared with $12.7 million in Q3 2023; GAAP operating income includes other income, net, of $1.3 million. Q3 2023 GAAP operating income included other income, net, of $7.4 million; Non-GAAP operating income of $8.3 million, up 36% compared with $6.1 million in Q3 2023;GAAP net income of $6.8 million, or $0.12 per diluted share, compared with $10.2 million, or $0.18 per diluted share, in Q3 2023; GAAP net income includes other income, net, of $1.3 million
Show less
Read more
Impact Snapshot
Event Time:
GILT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GILT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GILT alerts
High impacting Gilat Satellite Networks Ltd. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
GILT
News
- Gilat Satellite Networks Ltd. (NASDAQ: GILT) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Gilat Satellite Networks Ltd. (NASDAQ: GILT) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $8.50 price target on the stock.MarketBeat
- Gilat Satellite Networks Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Gilat Satellite Networks Ltd (GILT) Q3 2024 Earnings Call Highlights: Strong Revenue Growth ... [Yahoo! Finance]Yahoo! Finance
- Gilat Receives Approximately $5 Million in Orders from US Defense Customers [Yahoo! Finance]Yahoo! Finance
GILT
Earnings
- 11/13/24 - Beat
GILT
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form 6-K
- 10/30/24 - Form 6-K
- GILT's page on the SEC website