Gilat Telecom net profit surges 93% in Q1
Gilat Telecom, a satellite and fibre-based connectivity provider, said its net profit increased by 93 percent year-on-year to ILS 7.35 million in the first quarter of 2026 from circa ILS 3.85 million a year earlier. It reported strong and consistent growth across its key business metrics, a significant profitability improvement, a strengthened balance sheet, ongoing expansion of its government and satellite activities, and growth in its internet and integration operations in Israel. Adjusted EBITDA rose abo