Gilat Q1 Revenue Climbs 21%, But Falls Short of Expectations

Benzinga

May 19, 2025

Gilat Satellite Networks Ltd. (NASDAQ:GILT) shares are trading lower on Monday by over 9% after the company missed the consensus of $100.2 million for first-quarter 2025 revenue growth.

The Israel-based company reported $92 million in year-over-year revenue for Q1. That’s a 21% increase. In addition:

Adjusted operating income was $5.2 million, down from $6.6 million in the first quarter of 2024.
Adjusted EBITDA declined to $7.6 million from $9.3 million in the prior year quarter.
The company reported a loss of about $3.6 million from Gilat Stellar Blu’s ramp-up process. Excluding this loss, adjusted EBITDA came in at $11.2 million.

Adi Sfadia, Gilat’s CEO, said the company’s growth is supported by “macro-geopolitical factors that are driving increased investment in secure, mission-critical communications worldwide.”

Sfadia added that Gilat Stellar Blu’s ramp up is “on track”, and that its Sidewinder ESA is now flying on over 150 aircraft.

Outlook: The company reiterated its 2025 guidance for revenue of $415 million-$455 million (vs. consensus of $435.07 million), representing growth of 42% Y/Y at the midpoint.

Gilat projects adjusted EBITDA of $47 and $53 million, representing growth of 18% Y/Y at the midpoint.

As of March 31, cash and cash equivalents stood at $63.8 million.

Price Action: GILT shares are down 9.31% at $6.06 at the last check on Monday.

Read Next:

Gilat’s Strategic Acquisitions Fuel Growth Amid Slight Revenue Shortfall

Image generated by Benzinga using AI

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2536816633"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2536816633\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2536816633?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-19 22:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2536816633","market":"hk","top_or_hot":-1,"title":"Gilat Q1 Revenue Climbs 21%, But Falls Short of Expectations","media":"Benzinga","content":"<html><body><p><strong>Gilat Satellite Networks Ltd.</strong> (NASDAQ:GILT) shares are trading lower on Monday by over 9% after the company missed the consensus of $100.2 million for first-quarter 2025 revenue growth.</p>\n<p>The Israel-based company reported $92 million in year-over-year revenue for Q1. That’s a 21% increase. In addition:</p>\n<ul>\n<li>Adjusted operating income was $5.2 million, down from $6.6 million in the first quarter of 2024.</li>\n<li>Adjusted EBITDA declined to $7.6 million from $9.3 million in the prior year quarter.</li>\n<li>The company reported a loss of about $3.6 million from Gilat Stellar Blu’s ramp-up process. Excluding this loss, adjusted EBITDA came in at $11.2 million.</li>\n</ul>\n<p>Adi Sfadia, Gilat’s CEO, said the company’s growth is supported by “macro-geopolitical factors that are driving increased investment in secure, mission-critical communications worldwide.”</p>\n<p>Sfadia added that Gilat Stellar Blu’s ramp up is “on track”, and that its Sidewinder ESA is now flying on over 150 aircraft.</p>\n<p><strong>Outlook</strong>: The company reiterated its 2025 guidance for revenue of $415 million-$455 million (vs. consensus of $435.07 million), representing growth of 42% Y/Y at the midpoint.</p>\n<p>Gilat projects adjusted EBITDA of $47 and $53 million, representing growth of 18% Y/Y at the midpoint.</p>\n<p>As of March 31, cash and cash equivalents stood at $63.8 million.</p>\n<p><strong>Price Action:</strong> GILT shares are down 9.31% at $6.06 at the last check on Monday.</p>\n<p><strong>Read Next:</strong></p>\n<ul>\n<li><strong>Gilat’s Strategic Acquisitions Fuel Growth Amid Slight Revenue Shortfall</strong></li>\n</ul>\n<p><em>Image generated by Benzinga using AI</em></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gilat Q1 Revenue Climbs 21%, But Falls Short of Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGilat Q1 Revenue Climbs 21%, But Falls Short of Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-05-19 22:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>Gilat Satellite Networks Ltd.</strong> (NASDAQ:GILT) shares are trading lower on Monday by over 9% after the company missed the consensus of $100.2 million for first-quarter 2025 revenue growth.</p>\n<p>The Israel-based company reported $92 million in year-over-year revenue for Q1. That’s a 21% increase. In addition:</p>\n<ul>\n<li>Adjusted operating income was $5.2 million, down from $6.6 million in the first quarter of 2024.</li>\n<li>Adjusted EBITDA declined to $7.6 million from $9.3 million in the prior year quarter.</li>\n<li>The company reported a loss of about $3.6 million from Gilat Stellar Blu’s ramp-up process. Excluding this loss, adjusted EBITDA came in at $11.2 million.</li>\n</ul>\n<p>Adi Sfadia, Gilat’s CEO, said the company’s growth is supported by “macro-geopolitical factors that are driving increased investment in secure, mission-critical communications worldwide.”</p>\n<p>Sfadia added that Gilat Stellar Blu’s ramp up is “on track”, and that its Sidewinder ESA is now flying on over 150 aircraft.</p>\n<p><strong>Outlook</strong>: The company reiterated its 2025 guidance for revenue of $415 million-$455 million (vs. consensus of $435.07 million), representing growth of 42% Y/Y at the midpoint.</p>\n<p>Gilat projects adjusted EBITDA of $47 and $53 million, representing growth of 18% Y/Y at the midpoint.</p>\n<p>As of March 31, cash and cash equivalents stood at $63.8 million.</p>\n<p><strong>Price Action:</strong> GILT shares are down 9.31% at $6.06 at the last check on Monday.</p>\n<p><strong>Read Next:</strong></p>\n<ul>\n<li><strong>Gilat’s Strategic Acquisitions Fuel Growth Amid Slight Revenue Shortfall</strong></li>\n</ul>\n<p><em>Image generated by Benzinga using AI</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GILT","symbol_name":"吉来特卫星网络","start_time":0,"source_url":"https://www.benzinga.com/news/earnings/25/05/45496383/gilat-q1-revenue-climbs-21-but-falls-short-of-expectations-stellar-blu-ramp-up-affects-short-term-profitability","article_id":"2536816633","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536816633","pubTimestamp":1747665833,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Gilat is supported by &#34;macro-geopolitical factors&#34; and &#34;increased investment in secure, mission-critical communications,&#34; CEO says.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"GILT":"吉来特卫星网络"},"translate_title":"Gilat第一季度收入增长21%，但未达到预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GILT":0.9},"content_text":"Gilat Satellite Networks Ltd. (NASDAQ:GILT) shares are trading lower on Monday by over 9% after the company missed the consensus of $100.2 million for first-quarter 2025 revenue growth.\nThe Israel-based company reported $92 million in year-over-year revenue for Q1. That’s a 21% increase. In addition:\n\nAdjusted operating income was $5.2 million, down from $6.6 million in the first quarter of 2024.\nAdjusted EBITDA declined to $7.6 million from $9.3 million in the prior year quarter.\nThe company reported a loss of about $3.6 million from Gilat Stellar Blu’s ramp-up process. Excluding this loss, adjusted EBITDA came in at $11.2 million.\n\nAdi Sfadia, Gilat’s CEO, said the company’s growth is supported by “macro-geopolitical factors that are driving increased investment in secure, mission-critical communications worldwide.”\nSfadia added that Gilat Stellar Blu’s ramp up is “on track”, and that its Sidewinder ESA is now flying on over 150 aircraft.\nOutlook: The company reiterated its 2025 guidance for revenue of $415 million-$455 million (vs. consensus of $435.07 million), representing growth of 42% Y/Y at the midpoint.\nGilat projects adjusted EBITDA of $47 and $53 million, representing growth of 18% Y/Y at the midpoint.\nAs of March 31, cash and cash equivalents stood at $63.8 million.\nPrice Action: GILT shares are down 9.31% at $6.06 at the last check on Monday.\nRead Next:\n\nGilat’s Strategic Acquisitions Fuel Growth Amid Slight Revenue Shortfall\n\nImage generated by Benzinga using AI","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}