Gilat Presents Fourth Quarter and Full Year 2023 Results

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Needham & Company Reiterates Buy Rating on Gilat Satellite Networks (GILT)

February 27, 2024 2:28 PM EST

Needham & Company analyst Ryan Koontz reiterated a Buy rating and $8.50 price target on Gilat Satellite Networks (NASDAQ: GILT).

The analyst commented, "GILT reported solid 4Q23 results, with revenue and Adj. EBITDA both ~ in line with consensus. 4Q revenue increased 4% y/y from strength across... More