STOCK TITAN

Gilat Announces Filing of 2022 Annual Report

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Gilat Satellite Networks Ltd. (Nasdaq: GILT) has filed its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission, including audited financial statements for the year ending December 31, 2022. The report outlines the company's performance and is accessible on the Gilat website. Shareholders can request a free hard copy of the report. With over 30 years in satellite-based broadband communications, Gilat offers a comprehensive range of products, including cloud-based solutions and high-performance satellite terminals, focusing on applications like broadband access and military communications.

Positive
  • Filed Annual Report on Form 20-F with audited financial statements for 2022.
  • Established reputation as a leader in satellite-based broadband solutions.
Negative
  • None.

PETAH TIKVA, Israel, March 13, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced that it has filed its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission containing audited consolidated financial statements for the year ended December 31, 2022.

The annual report will be available on the Gilat website (www.gilat.com). Shareholders may receive a hard copy of the annual report free of charge upon request.

About Gilat

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications.

With over 30 years of experience, we create and deliver deep technology solutions for satellite, ground and new space connectivity and provide comprehensive end-to-end solutions and services, powered by our innovative technology. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

Delivering high value solutions, our portfolio is comprised of a cloud-based platform and high performance satellite terminals designed to work in harmony with satellite constellations, including Very High Throughput Satellites (VHTS) and Software-Defined Satellites (SDS) in multiple orbits; high performance Satellite On-the-Move (SOTM) antennas; and highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC).

Gilat’s comprehensive solutions support multiple applications with a full portfolio of products to address key applications including broadband access, mobility, cellular backhaul, military, government, and enterprise, all while meeting the most stringent service level requirements. For more information, please visit: www.gilat.com

Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, risks associated with the outbreak and global spread of the coronavirus (COVID-19) pandemic; changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

Contact:
Gilat Satellite Networks
Doreet Oren, Senior Director Corporate Communications
DoreetO@gilat.com

Gilat Satellite Networks
Mayrav Sher, Head of Finance and Investor Relations
MayravS@gilat.com

EK Global IR
Ehud Helft, Managing Partner
ehud@ekgir.com


FAQ

What is the significance of Gilat's Annual Report filed on March 13, 2023?

The significance lies in its provision of audited financial statements for 2022, crucial for investor evaluation.

Where can I access Gilat Satellite Networks' Annual Report?

The Annual Report is available on the Gilat website, and shareholders can request a hard copy for free.

What financial year does the Gilat Annual Report cover?

The Annual Report covers the financial year ending December 31, 2022.

What services does Gilat Satellite Networks provide?

Gilat provides satellite-based broadband communication solutions, including high-performance satellite terminals and cloud-based platforms.

Gilat Satellite Networks Ltd

NASDAQ:GILT

GILT Rankings

GILT Latest News

GILT Stock Data

282.76M
57.02M
31.21%
0.09%
Communication Equipment
Technology
Link
United States of America
Petah Tikva