Gilat Satellite Networks Ltd. (NASDAQ:GILT) Q4 2022 Earnings Conference Call February 14, 2023 9:30 AM ET

Company Participants

Ehud Helft - GK Investor Relations

Adi Sfadia - CEO

Gil Benyamini - CFO

Conference Call Participants

Chris Quilty - Quilty Analytics.

Gunther Karger - Discovery Group

Operator

Ladies and gentlemen, thank you for standing by. Welcome to Gilat's Fourth Quarter 2022 Results Conference Call. All participants are at present in listen-only mode. Following management's formal presentation, instruction will be given for the question and answer session. [Operator Instructions]. As a reminder, this conference is being recorded, February 14, 2023.

By now, you should have all received the company's press release. If you have not received it, please contact Gilat's Investor Relations team at GK Investor and Public Relations at 1-646-688-3559 or view it in the news section of the company's website, www.gilat.com.

I would now like to hand over the call to Mr. Ehud Helft of GK Investor Relations. Mr. Helft, would you like to begin, please?

Ehud Helft

Good morning, and good afternoon, everyone. Thank you for joining us today for Gilat's fourth quarter 2022 results conference call and webcast. A recording of this call will be available beginning at approximately noon Eastern Time today, February 14, as a webcast on Gilat website for a period of 30 days.

Also, please note that investors are urged to read the forward-looking statements in Gilat's earnings release with a reminder that statements made on this earnings call that are not historical facts may be deemed forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

All such forward-looking statements, including statements regarding future financial operating results, involve risks, uncertainties and contingencies, many of which are beyond the control of Gilat, and which may cause actual results to differ materially from anticipated results.

Gilat is under no obligation to update or alter these forward-looking statements, whether as a result of new information, future events or otherwise, and the company expressly disclaims any obligation to do so. More detailed information about risk factors can be found in Gilat's reports filed with the Securities and Exchange Commission.

With that, let me turn to introductions. On the call today are Mr. Adi Sfadia, Gilat's CEO; and Mr. Gil Benyamini, Gilat's CFO. I would now like to turn the call over to Adi Sfadia. Adi, would you like to begin.

Adi Sfadia

Thank you, Ehud, and good day to everyone. I would like to thank you for joining us today for our fourth quarter of 2022 full year earnings call. We are pleased with the results reporting fourth quarter revenues of $73 million, bringing us the full year revenue of about $240 million, which is year-over-year growth of 12%.