Gilat beats on revenue and EPS; Comtech deal advances; 2026 guidance affirmed.
Gilat posted a quarterly beat with revenue of $122.7 million and adjusted EPS of $0.20, underscoring margin gains and robust Defense momentum. The company said the Comtech acquisition is progressing toward year-end close, aiming to scale defense and space programs with pro forma revenue above $700 million. Guidance for FY2026 was reaffirmed, supporting a constructive longer-term view despite near-term shares weakness.
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