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Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
PETAH TIKVA, Israel, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today its selection as a board member of the newly established Waveform Architecture for Virtualized Ecosystems (WAVE) Consortium. Gilat joins a distinguished group of board members committed to driving innovation in satellite communication networks through agile, scalable, and cost-effective infrastru
We recently compiled a list of the 10 Best Value Penny Stocks to Invest in Now. In this article, we are going to take a look at where Gilat Satellite Network Limited (NASDAQ:GILT) stands against the other value penny stocks. The US market has been resilient over the past years despite higher interest rates, however, recent […]
Specially designed software-defined, multi-orbit satellite modem, supporting up to 750Mbps per direction for maritime, cellular and enterprise applicationsPETAH TIKVA, Israel, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that their next-generation SkyEdge IV Aquarius modem now supports SCPC mode. The SkyEdge IV Aquarius Pro modem offers ultra-high performance o
Gilat Satellite Networks ( NASDAQ:GILT ) Second Quarter 2024 Results Key Financial Results Revenue: US$76.6m (up 13...
PETAH TIKVA, Israel (AP) — Gilat Satellite Networks Ltd. (GILT) on Wednesday reported net income of $1.3 million in its second quarter. On a per-share basis, the Petah Tikva, Israel-based company said it had net income of 2 cents. Earnings, adjusted for non-recurring costs, were 10 cents per share.
Revenue Increased by 13% Year-over-Year,GAAP Operating Income of $2.8 Million andAdjusted EBITDA of $10.1 Million PETAH TIKVA, Israel, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the second quarter, ended June 30, 2024. Second Quarter 2024 Financial Highlights Revenue of $76.6 million, up 13% compared with $67.6 million in Q2 2023;GAAP oper
Gilat's cutting-edge technologies support growth in global multi-orbit SATCOM NetworksPETAH TIKVA, Israel, July 23, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the Company was awarded over $9M in cumulative orders from multiple satellite operators to expand their global SATCOM networks utilizing Gilat’s innovative and field-proven solutions. Gilat’s solutions will
Key defense customer continues to rely on Gilat to provide dependable, high-performance connectivity for their mission critical operationsPETAH TIKVA, Israel, July 16, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that a National Defense Organization awarded a multi-year contract for over $5M to one of the company’s US-based subsidiaries, DataPath Inc. to upgrade their D
PETAH TIKVA, Israel, July 11, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced that it will release its second quarter 2024 financial results on Wednesday, August 7, 2024. Conference Call and Webcast Following the release, Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will discuss Gilat’s second quarter 2024 results and business achi
Connecting over 800 sites and providing high speed connectivity to over 1 million people in rural areas in PeruPETAH TIKVA, Israel, July 09, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that Gilat received a follow-on 6 year order for over $10M from Internet Para Todos (IPT) to deliver Cellular Backhaul services across rural areas in Peru. IPT is a sustainable global co