Today we release our debut report on Gilat Satellite Networks, reviewing the company's position amid a dynamic season of change for the satcom industry. Goodbye 2020. Growth returns in 2021. Gilat was acutely impacted by the COVID-19 pandemic (revs down 37%), especially in the aviation-heavy Mobility segment (down 48%). These revenues were primarily delayed, not lost, however, suggesting Gilat should experience a strong sales rebound extending through 2022.
Gilat Satellite Networks (GILT) Initiation of Coverage
Jul 14, 2023
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