GILT · Gilat Satellite Networks Ltd.
AI read · Good for GILT
The AI's read
Gilat beat Q2 estimates. Revenue was $122.7M and adjusted EPS was $0.20, with EBITDA up 31%. Management says Defense momentum and the Comtech deal would create a >$700M pro forma business. The stock is down about 4.4% today, so the market is pricing some deal or execution risk. We lean bullish but cautious because the acquisition meaningfully increases scale while still needing regulatory clearance and execution. If the deal closes, upside looks real, but near-term volatility is likely.