NEW YORK CITY, NY / ACCESS Newswire / November 12, 2026 / Gilat Satellite Networks Ltd. (NASDAQ: GILT) shares fell after the Company cut $45 million from its full-year 2026 revenue guidance alongside its third-quarter results. Management cited delayed terminal deliveries, satellite launch delays, and Peru revenue pushed into 2027. If you bought GILT and are now holding a loss, you have legal rights. Shareholders who suffered losses are encouraged to submit their loss details here, or to contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
Management attributed the reduction to three operational factors. The first was rescheduled in-flight-connectivity (IFC) terminal deliveries. The second was development and launch delays across LEO and GEO satellite programs. The third was Peru agreements that shifted revenue out of 2026 and into 2027.
Full-year 2026 revenue guidance dropped from $500 million-$520 million to $455 million-$475 million. That represents an approximately 8.8% reduction at the midpoint, from $510 million to $465 million.Levi & Korsinsky has opened an investigation into potential securities law violations on behalf of GILT shareholders who suffered losses.
GILT shareholders who are holding losses after the guidance cut can request a free review of their losses or call (212) 363-7500.
ABOUT LEVI & KORSINSKY, LLP -- Over the past 20 years, Levi & Korsinsky has secured billions of dollars for aggrieved shareholders. The firm has extensive expertise 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.
Frequently Asked Questions About the GILT Investigation
Q: What is the GILT investigation about? A: A securities investigation is pending concerning Gilat Satellite Networks Ltd. regarding potentially materially false or misleading statements. Shares fell after the Company cut its full-year 2026 revenue guidance from $500-$520 million to $455-$475 million. The Company cited rescheduled IFC terminal deliveries, LEO/GEO satellite delays, and Peru agreements shifting revenue into 2027. The decline caused losses for shareholders.
Q: Who is conducting the GILT investigation? A: Levi & Korsinsky, LLP is investigating potential securities law claims on behalf of investors who purchased GILT securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered billions of dollars for aggrieved investors.
Q: Who is eligible to participate in the GILT investigation? A: Investors who purchased GILT stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What do GILT investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.
Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my GILT shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought GILT and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.
Q: What if I live outside the United States? A: U.S. securities investigations generally cover purchases on U.S. exchanges regardless of the investor's country of residence.
Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
SOURCE: Levi & Korsinsky, LLP
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