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Stock impact report

GILT Q3 Earnings Top on 58% Y/Y Sales Growth, View Raised, Stock Up 7% [Yahoo! Finance]

Gilat Satellite Networks Ltd. - Ordinary Shares (GILT) 
US:NASDAQ Investor Relations: gilat.com/investor-relations
Company Research Source: Yahoo! Finance
The bottom line surpassed the Zacks Consensus Estimate by 46.15%. Gilat posted revenues of $117.7 million for the third quarter, marking a robust 58% increase. This growth reflects the continued momentum across its core business segments —commercial broadband, IFC and defense communications, as well as strong contributions from its operations in Peru and its SkyEdge IV platform. The Zacks Consensus Estimate was pegged at $112 million. Gilat Satellite Networks Ltd. Price, Consensus and EPS Surprise Gilat Satellite Networks Ltd. Price, Consensus and EPS Surprise Gilat Satellite Networks Ltd. price-consensus-eps-surprise-chart | Gilat Satellite Networks Ltd. Quote Gilat's growth during the quarter was driven by a diverse portfolio of projects and new contract wins across multiple regions and industries. Gilat Defense secured multi-million dollar orders from both the U.S. Department of Defense and the Israeli Ministry of Defense for advanced SATCOM systems, delivering high-perfo Show less Read more
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