There is revenue growth and increase market diffusion. The question is profitability. When do they start going positive on cash flow? EBIDTA doesn't work after a while. You need profitability. So there is not "real answer" other than to speculate if this is a turnaround or dead money for the next 2-3 quarters?
In any case, Gilat’s capitalization = 50% of revenues is ridiculous. Any growing high tech company (and Gilat is growing), that is not seriously leveraged (and Gilat is not), trades at least in par with revenues. This corresponds to $8/share. And, if and when Gilat will start making serious money, than the sky is the limit. The reason that Gilat’s stock is so low is mostly a perception. Gilat’s PR is non-existing, nobody covers it, and the management behave as they don’t care. Well, they will better do. IMHO