Earnings ·
Gilat Satellite Networks Ltd. reported unaudited second-quarter 2026 financial results for the period ended June 30…
GILTGilat Satellite Networks Ltd
Gilat Satellite Networks Ltd. reported unaudited second-quarter 2026 financial results for the period ended June 30, 2026. Revenue grew 17% to $122.7 million from $105 million in the prior year quarter. GAAP operating income was $4.7 million compared to $5.7 million previously, while Adjusted EBITDA increased 31% to $15.4 million. The company reiterated its full-year 2026 revenue guidance of $500 to $520 million and Adjusted EBITDA guidance of $61 to $66 million. Gilat also confirmed that its acquisition of Comtech’s Satellite & Space Communications Segment is on track for a year-end closing, subject to regulatory approvals.