Shares of Gilat Satellite Networks (GILT) surged 5.29% in pre-market trading on Wednesday, following the release of its impressive third-quarter 2025 financial results. The satellite networking technology provider significantly outperformed analysts' expectations, driving investor enthusiasm.
Gilat reported adjusted earnings per share (EPS) of $0.19 for Q3 2025, nearly doubling the estimated $0.10 per share. The company's sales performance was equally strong, with revenue reaching $117.691 million, comfortably surpassing the projected $113.171 million.
This substantial earnings beat demonstrates Gilat's robust operational execution and growing market demand for its satellite networking solutions. As investors digest the positive financial results, the pre-market stock movement suggests a bullish outlook for Gilat Satellite Networks, potentially setting the stage for a strong trading session ahead.
Comments