The Latest Breaking News from Gilat

The technology industry’s prospects appear promising, fueled by the ever-growing demand for innovative tech solutions owing to growing digitalization across multiple sectors and ample technological breakthroughs. Thus, it could be wise to watch and buy top tech stocks LiveRamp (RAMP), Gilat Satellite Networks (GILT), and AstroNova (ALOT) this week. These…

The tech sector remains one of the most closely tracked sectors by investors, given its massive potential for technological breakthroughs and advancements. I think it could be wise to buy fundamentally strong tech stocks Wipro (WIT), Canon (CAJPY), Gilat Satellite Networks (GILT), and Outbrain (OB) this month for steady returns.…

With the extended remote lifestyle, global 5G rollout, and supportive federal policies, the networking industry is expected to grow significantly in the coming months, despite current market volatility. Thus, we think it could be wise to bet on fundamentally sound yet cheap networking stocks Gilat Satellite (GILT) and PCTEL (PCTI),…

Gilat Satellite Networks Ltd (NASDAQ:GILT) reported fourth-quarter FY21 revenue growth of 58% year-on-year to $67.3 million, beating the consensus of $63.94 million. Segments: Fixed Networks revenue rose 47.5% Y/Y to $37 million, Mobility Solutions revenue grew 112.6% Y/Y to $25 million, and Terrestrial Infrastructure Projects revenue declined 8.7% Y/Y to $5.3 million. Non-GAAP operating…