Gilat (GILT) Q2 FY26 earnings call

Gilat delivered a strong second quarter, driven by robust revenue growth across all segments and significant adjusted EBITDA expansion. The company advanced its strategic initiatives, including a definitive agreement to acquire Comtech's Satellite and Space Communications segment, which is set to bolster its Defense capabilities. Despite some margin pressure from deal mix and increased operating expenses due to FX, Gilat reiterated its full-year guidance, supported by a healthy backlog and pipeline, particularly in its Defense and In-Flight Connectivity growth engines.