Gilat Satellite Networks is trading at $11.30 (-5.08%) following its second-quarter 2026 report, as shares give back recent gains despite solid headline growth.
- Revenue grew 17% year-over-year to $122.7 million, slightly beating estimates, while adjusted EBITDA rose 31%.
- The company reiterated its full-year guidance, indicating the selloff is likely a post-earnings fade after the stock ran up into the report.
- The move appears to be a sell-the-news reaction rather than a broad market-driven decline, as the Nasdaq is only modestly lower.