Gilat Satellite Networks Reports Q1 2025 Revenue Increase of 21% to $92 Million with Adjusted EBITDA at $7.6 Million; Posts GAAP Operating Loss of $2.7 Million
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Gilat Satellite Networks reported a 21% revenue increase in Q1 2025, reaching $92 million, with adjusted EBITDA at $7.6 million. However, the company posted a GAAP operating loss of $2.7 million and a net loss of $6.0 million, compared to a net income of $5.0 million in Q1 2024. The adjusted EBITDA was impacted by a $3.6 million loss from Gilat Stellar Blu's ramp-up. The company maintains its 2025 revenue guidance of $415 to $455 million, indicating a projected 42% growth year-over-year.
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