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.