Type
|
Public |
---|---|
Traded as | NASDAQ: GILT, TASE: GILT |
Industry | Telecommunication |
Founded | 1987 (1987) |
Founder | Amiram Levinberg Joshua Levinberg Yoel Gat |
Headquarters | Petah Tikva, Israel |
Key people
|
Dov Baharav (CEO) |
Services | Satellite communication |
Revenue | US$235.1 million (2014) |
Operating income
|
US$–5.0 million (2014) |
Profit | US$13.1 million (2014) |
Divisions | Gilat Network Solutions Gilat Network Operations |
Subsidiaries | Wavestream Corporation |
Website | www |
Footnotes / references |
Gilat Satellite Networks is a public company headquartered in Israel that develops and sells VSAT satellite ground stations and related equipment. Its shares are traded on the NASDAQ Global Select Market and on the Tel Aviv Stock Exchange.
Gilat Satellite Networks was founded in 1987 by brothers Joshua and Amiram Levinberg, Yoel Gat, Shlomo Tirosh, Arik Keshet, and Gideon Kaplan. In its early days, Gilat struggled to compete with larger and better-established companies the likes of EchoStar.
In 1998, Gilat was involved in founding Global Village Telecom (GVT), a company that build a satellite-based phone network for remote locations in South America using the VSAT technology that was developed by Gilat. During 1998 and 1999 GVT won tenders to build rural phone networks in Colombia, Chile and Peru
In 2000, Gilat introduced an innovation involving VSAT technology allowing remote locations, such as the Havasupai Reservation in Arizona and rural communities in Brazil, to access the internet at high speeds. In February 2000, Gilat and Microsoft announced that they are co-developing a two-way satellite broadband service for consumer purposes. The satellite service delivered Internet connections at speeds of up to 1.5 Mbps and did not require a second telephone line. A new company, Gilat-To-Home, was established to deliver the broadband two-way satellite service and Microsoft took an initial 26 percent stake in the company with an investment of US$50 million. In September 2000, Gilat-To-Home changed its name to StarBand Communications and received an investment of $50 million from EchoStar, who received an equity stake of 32 percent in StarBand.
In 2011, Gilat announced the creation of a new division, headed by Brigadier General (Res.) Moshe Tamir, expanding its presence in the U.S. defense market.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-11-07 | Future report Set alerts | |
Q2 2022 | 2022-08-09 | 0.00 | 0.00 |
Q1 2022 | 2022-05-23 | 0.00 | 0.00 |
Q4 2021 | 2022-02-15 | 0.04 | 0.04 |
Q3 2021 | 2021-11-09 | 0.00 | 0.00 |
Q2 2021 | 2021-08-10 | 0.00 | 0.00 |
Q1 2021 | 2021-05-04 | 0.00 | 0.00 |
Q4 2020 | 2021-02-16 | 0.00 | 0.00 |
Q2 2020 | 2020-08-31 | 0.00 | -0.08 |
Q1 2020 | 2020-06-03 | 0.00 | -0.21 |
2013-02-13 | Downgrade | National Securities | Buy to Neutral | |
2012-03-29 | Initiated | Brigantine | Buy | $5.50 |
2011-06-22 | Initiated | Oppenheimer | Perform | $5 |
2011-06-22 | Initiated | |||
2007-03-22 | Initiated | Oppenheimer | Buy | $10 |
2007-01-18 | Initiated | William Blair | Outperform |
2013-02-13 | Downgrade | National Securities | Buy to Neutral | |
2012-03-29 | Initiated | Brigantine | Buy | $5.50 |
2011-06-22 | Initiated | Oppenheimer | Perform | $5 |
2011-06-22 | Initiated | |||
2007-03-22 | Initiated | Oppenheimer | Buy | $10 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In GILT 44 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
THRIVENT FINANCIAL FOR LUTHERANS | 2.83M |
Delek Group, Ltd. | 1.84M |
GROUP ONE TRADING, L.P. | 1.70M |
Clal Insurance Enterprises Holdings Ltd | 1.35M |
CITADEL ADVISORS LLC | 1.16M |
WELLINGTON MANAGEMENT CO LLP | 1.13M |
RENAISSANCE TECHNOLOGIES LLC | 0.95M |
Vanguard Group, Inc | 0.83M |
STATE STREET CORP | 0.72M |
BANK OF MONTREAL /CAN/ | 0.16M |
Swiss National Bank | 0.10M |
MORGAN STANLEY | 68388 |
JPMORGAN CHASE & CO | 61316 |
Mitsubishi UFJ Asset Management Co., Ltd. | 50651 |
VAN ECK ASSOCIATES CORP | 43027 |