Gilat Satellite Networks Raises FY2025 Sales Guidance from $435.000M-$455.000M to $445.000M-$455.000M vs $440.741M Est
Gilat Satellite Networks Ltd. GILT | 0.00 |
With results continuing to trend toward the high end of expectations and improved visibility into the remainder of the year, the Company is raising the midpoint of its full-year 2025 financial outlook and narrowing the guidance to revenues between $445 million and $455 million for FY 2025, representing a higher revenue growth rate of approximately 47% at the midpoint. Previously, management had expected revenue for 2025 between $435 million and $455 million.
Adjusted EBITDA for 2025 is now expected to be between $51 million and $53 million for a higher growth rate of approximately 23% at the midpoint, compared to the previous guidance for Adjusted EBITDA to be between $50 million and $53 million.
