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Levi & Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Gilat Satellite Networks Ltd. (GILT)

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GILT The company's shares dropped significantly due to a Q3 revenue miss and a substantial reduction in full-year revenue guidance. Executive officers also sold shares prior to the guidance cut, raising concerns.

Levi & Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Gilat Satellite Networks Ltd. (GILT) NEW YORK CITY, NY / ACCESS Newswire / November 12, 2026 / Levi & Korsinsky notifies investors that it has commenced an investigation into Gilat Satellite Networks Ltd. ("Gilat Satellite Networks Ltd.") (NASDAQ:GILT) concerning potential violations of the federal securities laws.

Gilat Satellite Networks Ltd. shares dropped after the Company reported third-quarter revenue of approximately $116.2 million against consensus analyst expectations of roughly $126.5 million to $127.5 million and reduced its full-year 2026 revenue guidance from $500 million to $520 million down to $455 million to $475 million. Management attributed the shortfall to rescheduled in-flight-connectivity terminal deliveries, LEO/GEO satellite development and launch delays, and Peru agreements shifting revenue into 2027. The full-year outlook cut represented an approximately 8.8% reduction at the midpoint. This lower guidance contrasted with prior statements, including a Form 6-K filed on August 5, 2026, which reiterated 2026 revenue guidance of $500 million to $520 million. Earlier, on May 13, 2026, Chief Executive Officer Adi Sfadia stated on an earnings call that the Company felt comfortable reiterating annual guidance based on a "strong backlog and a healthy pipeline." Additionally, executive officers, including CEO Adi Sfadia and the President of Gilat Peru, sold shares under Rule 10b5-1 trading plans ahead of the guidance cut. The investigation concerns whether Gilat Satellite Networks Ltd. adequately disclosed rescheduled terminal deliveries, satellite launch delays, and Peru revenue timing risks ahead of its Q3 financial results and full-year guidance reduction.

If you purchased NASDAQ:GILT securities and suffered a loss, contact the firm to review your shareholder rights or call at (212) 363-7500 to speak to our team.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured billions of dollars for aggrieved shareholders. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

[email protected]

Tel: (212)363-7500

Fax: (212)363-7171

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SOURCE: Levi & Korsinsky, LLP