Live Analysis: Gilat Satellite Networks Ltd. (GILT) has experienced a price drop of $1.22, representing a decrease of 7.02% compared to the previous close. The trading volume is currently at $250,513, which is 29.27% higher than the average volume.
Earnings Overview: GILT's latest quarterly earnings report, released on Monday, February 9th, showed a consensus estimate EPS of 0.13.
Cash Flow: The company's cash flow indicates a net change in cash of $14.11 million, with operating cash flow at -$6.28 million. Notably, there were no stock-based compensations or common stock repurchases during this period.
Income Statement: GILT reported revenue of $136.96 million, resulting in a gross profit of $38.29 million. Operating income stood at $5.99 million, with a net income of $8.79 million and an EPS of 14 cents.
Ratios: Key financial ratios for GILT include a net profit margin of 6.42%, return on equity at 1.76%, and a price-to-earnings ratio of 23.95.
Balance Sheet: The balance sheet reveals total assets of $740.43 million, with total liabilities at $240.15 million. Notably, the company holds $169.00 million in cash and cash equivalents.
This comprehensive analysis provides insights into GILT's financial performance, market standing, and key financial metrics for investors and stakeholders.
Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel and internationally. It operates through Fixed Networks, Mobility Solutions, and Terrestrial Infrastructure Projects segments. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services. Its portfolio consists of very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state power amplifiers, block upconverters, transceivers, low-profile antennas, and on-the-move/on-the-pause terminals and modems. The company also offers turnkey integrated solutions, including managed satellite network services, network planning and optimization, satellite capacity, remote network operation, call center support, hub and field operations, and communication networks construction and installation services. In addition, it provides connectivity services, Internet access, and telephony services to enterprise, government, and residential customers; and builds telecommunication infrastructure using fiber-optic and wireless technologies for broadband connectivity. The company sells its products and solutions to communication service providers, satellite operators, governments, mobile network operators, telecommunication companies, and system integrators, as well as to defense and homeland security organizations, and directly to end-users. Gilat Satellite Networks Ltd. was incorporated in 1987 and is headquartered in Petah Tikva, Israel.