Earnings call transcript: Gilat Satellite Networks Q3 2026 revenue miss hits shares
Gilat Satellite Networks reported a Q3 2026 revenue of $116.2 million, which fell short of the $126.54 million forecasted by the market and represented a 1% decline from the previous year. Despite this, adjusted EBITDA rose 13% to $17.6 million, with an adjusted EBITDA margin of about 15%, up from 13% a year earlier. The company's full-year outlook was lowered due to ongoing commercial satellite delays causing orders to be pushed out.
As a result, Gilat's stock fell 19.12% in premarket trading to $1,920, near the bottom of its 52-week range.
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