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Gilat posts Q3 2026 revenue of $116.2M, boosts adjusted EBITDA 13%, eyes defense growth with Comtech deal

Company Fundamentals
10 Nov 2026, 14:06 WIB
GlobeNewsWire
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Bullish
Gilat posts Q3 2026 revenue of $116.2M, boosts adjusted EBITDA 13%, eyes defense growth with Comtech deal

Gilat Satellite Networks reported Q3 2026 revenues of $116.2 million, slightly down from $117.7 million a year earlier, but improved GAAP operating income to $7.9 million and raised adjusted EBITDA by 13% to $17.6 million. Non-GAAP net income grew 21% to $14.3 million, driven by strong cost control despite currency challenges and a major customer bankruptcy. The company is on track to close its acquisition of Comtech by year-end, which is expected to more than double its defense segment revenues in 2027, reflecting a strategic shift toward defense and secure communications. Gilat also revised its 2026 revenue guidance to $455-$475 million and adjusted EBITDA to $61-$63 million, highlighting ongoing opportunities in satellite ground infrastructure and new satellite constellations.

Gilat Satellite Networks' Q3 2026 results provide context for readers. As of Nov 10, 2026 18:12 WIB, among 150 priced Technology-sector US stocks tradable on Pluang, 51 rose and 89 fell. Notable movers include ASX at USD 36.43 with a 1-day change of +6.02% and a typical hold time on Pluang of 50 days, WIX at USD 66.74 down 4.32%, and TTWO at USD 215.47 up 3.89%.

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