The Latest Breaking News from Gilat Satellite Networks Ltd

As the second half of 2023 unfolds, the demand for tech products and communication services continues to rise, presenting significant growth opportunities in the tech sector. Given the current market backdrop of falling inflation, adding fundamentally sound tech stocks Gilat Satellite Networks (GILT), Ceragon Networks (CRNT), and PCTEL, Inc. (PCTI)…

Thanks to rapid innovations in technology and communications, the industry is expected to thrive. With the sector boosted by high demand and constant development, investors could look to buy Extreme Networks (EXTR), Gilat Satellite Networks (GILT), and PowerFleet (PWFL), which are well-poised for growth. Keep reading.

With the growing need for high-speed data connectivity and the increasing market for wireless technologies, the prospects for the tech sector appear promising. Hence, fundamentally strong tech stocks Cambium Networks (CMBM), Gilat Satellite (GILT), and PCTEL (PCTI) may be worth buying right now. Continue reading.

The communication and networking sector seems to be on a promising trajectory, driven by the rising demand for seamless connectivity, fast data transmission, and government support. Therefore, it could be wise to invest in tech trailblazers Extreme Networks (EXTR), Gilat Satellite (GILT), and PCTEL (PCTI), which look well-positioned to leverage…

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…