Gilat's Q4 Earnings Surpass Estimates, Revenues Lag, Stock Tanks
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Gilat's Q4 2024 earnings exceeded expectations, but revenues fell short, leading to a decline in stock price. The company showed growth in the defense and IFC sectors with more deal wins.
February 13, 2025 | 4:15 pm
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Gilat's Q4 2024 earnings surpassed estimates, but revenues lagged, causing a drop in stock price. The company is gaining momentum in defense and IFC sectors with increased deal wins.
Despite earnings beating estimates, the revenue shortfall is a significant concern for investors, leading to a negative impact on the stock price. However, the growth in defense and IFC sectors is a positive sign for future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100