Gilat Satellite Networks Ltd. (GILT) shares fell 15.52%, trading at $16.28, down $2.99, after the satellite communications provider reported fourth-quarter and full-year 2025 financial results that missed expectations and highlighted ongoing revenue and profit pressures.
The sell-off followed news that Gilat posted fourth quarter 2025 revenue of $74.6 million, down from $88.5 million a year earlier, and GAAP net loss of $9.2 million, compared to net income in the prior year. Full-year 2025 revenue also declined year-over-year to $316.4 million, and the company reported a full-year net loss of $21.5 million amid lower demand in certain markets.
On the day of the earnings release, GILT opened near $18.9, dropped to an intraday low around $16.1, and saw a high near $19.25, compared with a previous close of $19.27. Trading volume was well above average, reflecting heightened investor reaction to the disappointing results and outlook.
GILT's 52-week range spans approximately $15.8 to $28.5, underscoring volatility tied to cyclical demand in satellite network spending and execution challenges.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.