Gilat Satellite Networks Ltd. (NASDAQ:GILT) is set to release its quarterly earnings with an anticipated EPS of $0.07 and projected revenue of $100.67 million.
The company expects a significant revenue increase of 40.6% from the previous year, driven by investments in the defense sector and its In-Flight Connectivity business.
GILT’s financial health is solid, with a P/E ratio of 14.93, a price-to-sales ratio of 1.21, and a strong liquidity position indicated by a current ratio of 2.52.
Gilat Satellite Networks Ltd. (NASDAQ:GILT) is a prominent player in the satellite communication industry, providing broadband satellite communication and networking solutions. The company is known for its innovative technologies in satellite-based broadband communication, catering to various sectors including defense, commercial, and enterprise markets. GILT faces competition from other satellite communication companies, but it has carved out a niche with its specialized offerings.
On May 19, 2025, GILT is set to release its quarterly earnings before the market opens. Wall Street anticipates an earnings per share (EPS) of $0.07, with projected revenue of approximately $100.67 million. The Zacks Consensus Estimate aligns with this EPS forecast, remaining stable over the past 60 days. However, this represents a 36.4% decrease compared to the same quarter last year, highlighting a challenging comparison period.
GILT has a history of surpassing expectations, having exceeded the Zacks Consensus Estimate in the last two quarters with an average surprise of 41%. Over the past six months, the company’s shares have risen by 19.9%, contrasting with a 5.4% decline in the Satellite and Communication industry. This positive performance reflects investor confidence in GILT’s strategic initiatives and market positioning.
Financially, GILT maintains a price-to-earnings (P/E) ratio of approximately 14.93, indicating the market’s valuation of its earnings. The company’s price-to-sales ratio stands at about 1.21, suggesting that investors are willing to pay $1.21 for every dollar of sales. With a low debt-to-equity ratio of 0.03 and a strong current ratio of 2.52, GILT demonstrates a conservative capital structure and robust liquidity position.