Last €3.65 EUR
Change Today +0.045 / 1.25%
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As of 2:04 AM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

gilat satellite networks ltd (GSA) Snapshot

Open
€3.54
Previous Close
€3.60
Day High
€3.65
Day Low
€3.54
52 Week High
02/17/14 - €4.00
52 Week Low
12/12/13 - €2.97
Market Cap
155.2M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
42.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GILAT SATELLITE NETWORKS LTD (GSA)

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gilat satellite networks ltd (GSA) Details

Gilat Satellite Networks Ltd. and its subsidiaries provide Internet protocol (IP) based digital satellite communication and networking products and services worldwide. It designs, produces, and markets very small aperture terminals (VSATs) and related VSAT network equipment. VSATs are earth based terminals that transmit and receive broadband, Internet, voice, data, and video via satellite. The company operates through three divisions: Commercial, Defense, and Services. The Commercial division provides VSAT networks, satellite communication products, and associated professional services to service providers and operators, including broadband access and consumer high throughput satellite initiatives; and industry specific solutions for cellular backhaul, business continuity, and disaster recovery. The Defense division offers satellite communication products and solutions to defense and homeland security organizations; Satcom-on-the-move solutions to various industries, including avionics; and solid-state power amplifiers and block up converters for mission-critical satellite communications, as well as low-profile antennas. This division also offers various product solutions for a range of applications targeting defense, commercial, and broadcast satellite communications systems. The Service division provides telephony, Internet access, and data services for rural areas under projects that are subsidized by governmental entities, public institutions, and the private sector. The company was founded in 1987 and is headquartered in Petah Tikva, Israel.

981 Employees
Last Reported Date: 03/31/14
Founded in 1987

gilat satellite networks ltd (GSA) Top Compensated Officers

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gilat satellite networks ltd (GSA) Key Developments

Gilat Satellite Networks Ltd. Presents at Drexel Hamiliton Telecom, Media & Technology Conference, Sep-03-2014 11:20 AM

Gilat Satellite Networks Ltd. Presents at Drexel Hamiliton Telecom, Media & Technology Conference, Sep-03-2014 11:20 AM. Venue: The W Hotel, 541 Lexington Avenue, New York, New York, United States. Speakers: Erez Antebi, Chief Executive Officer.

Gilat Satellite Networks Ltd. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reaffirms Earnings Guidance for the Year of 2014

Gilat Satellite Networks Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenues of $54.050 million compared to $61.916 million a year ago. The difference is mostly attributed to the decrease in revenues in Services Division. Operating loss was $0.482 million compared to $0.073 million a year ago. Loss before taxes was $0.997 million compared to $2.469 million a year ago. Net loss from continuing operations was $1.431 million or $0.03 per diluted share compared to $2.850 million or $0.07 per diluted share a year ago. Net loss was $1.423 million or $0.03 per diluted share compared to $3.976 million or $0.10 per diluted share a year ago. On non-GAAP basis, operating income was $1.525 million compared to $1.869 million a year ago, income before taxes was $1.010 million compared to loss before taxes of $0.527 million a year ago, net income from continuing operations was $0.576 million compared to net loss from continuing operations of $0.908 million a year ago and net income was $0.576 million or $0.01 per diluted share compared to net loss of $0.908 million or $0.02 per diluted share a year ago. Net cash used in operating activities $7.781 million compared to net cash provided by operating activities $2.727 million a year ago. Purchase of property and equipment was $9.794 million compared to $0.887 million a year ago. EBITDA was $3.869 million compared to $5.275 million a year ago. For the six months, the company reported revenues of $104.901 million compared to $127.336 million a year ago. Operating loss was $1.994 million compared to operating income of $0.978 million a year ago. Loss before taxes was $3.543 million compared to $2.169 million a year ago. Net loss from continuing operations was $4.067 million or $0.10 per diluted share compared to $2.926 million or $0.07 per diluted share a year ago. Net loss was $4.110 million or $0.10 per diluted share compared to $6.332 million or $0.15 per diluted share a year ago. On non-GAAP basis, operating income was $2.047 million compared to $4.820 million a year ago, income before taxes was $0.498 million compared to $1.673 million a year ago, net loss from continuing operations was $0.026 million compared to net income from continuing operations of $0.916 million a year ago and net loss was $0.026 million compared to net income of $0.916 million a year ago. Net cash used in operating activities $13.712 million compared to $2.536 million a year ago. Purchase of property and equipment was $10.319 million compared to $1.820 million a year ago. Purchase of intangible assets was $16,000. EBITDA was $6.654 million compared to $11.513 million a year ago. The company reaffirmed 2014 objectives for annual revenues of $240-$245 million and EBITDA margin levels of approximately 9%.

Gilat Satellite Networks Ltd. to Report Q2, 2014 Results on Aug 13, 2014

Gilat Satellite Networks Ltd. announced that they will report Q2, 2014 results at 9:00 AM, Israel Standard Time on Aug 13, 2014

 

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