Gilat Satellite Can Fly Higher

  • Overall revenue growth stalled, but this is hiding high growth areas like mobile backhaul.
  • Revenues declined by almost half in their terrestrial infrastructure segment, but this is a temporary delay.
  • There is a considerable amount of operational improvement and 2019 looks to be a year when growth can resume, so we think the shares can gradually move up.

Source: Gilat Satellite Can Fly Higher – Gilat Satellite Networks Ltd. (NASDAQ:GILT) | Seeking Alpha