ViaSat

ViaSat, Inc. provides communications technologies and services. It operates through following segments: Satellite Services, Commercial Networks and Government Systems. The Satellite Services segment provides satellite-based high-speed broadband services with multiple applications to consumers, enterprises, and mobile broadband customers (including commercial airlines and maritime vessels) both in the United States and abroad. The Commercial Networks segment develops and produces a variety of advanced satellite and wireless products, systems and solutions that enable the provision of high-speed fixed and mobile broadband services. The Government Systems segment provides global mobile broadband services to military and government users, and develops and produces network-centric Internet Protocol (IP)-based fixed and mobile secure communications products and solutions. The company was founded on May 1, 1986 by Mark D. Dankberg and Mark J. Miller and is headquartered in Carlsbad, CA.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Viasat reports robust Q4 performance, eyes satellite expansion for growth

Viasat's Q4 FY2023 performance reflects strong revenue growth, successful strategic initiatives, and imminent expansion of satellite services. The company faces challenges in addressing integration priorities and competitive landscapes but is well-positioned to capitalize on growth opportunities in emerging markets.

VSAT reports robust Q2 results, faces challenges with satellite anomalies

VSAT's Q2 2023 performance reflects strong revenue and EBITDA growth, bolstered by the Inmarsat acquisition. However, challenges related to the anomaly on ViaSat-3 Flight 1 and the timing of corrective actions for Flight 2 may impact FY 2025. Despite this, the company is well-positioned to capitalize on opportunities in defense connectivity, direct-to-device business, and maritime services.

ViaSat anticipates record earnings, launches key satellites for growth

ViaSat is poised for significant growth with the upcoming launches of ViaSat-3 satellites, addressing immediate bandwidth constraints and enabling higher speeds and more bandwidth. Despite Q3 2023 financial results below expectations, the sale of TDL business and strategic partnerships provide a strong foundation for future profitability and growth.

Viasat reports record revenue and EBITDA, eyes global expansion opportunities

Viasat's strong financial performance in Q4 FY2023, driven by strategic decisions and successful satellite deployment, positions the company for growth. While challenges lie in post-acquisition integration and market dynamics, opportunities in global expansion and service enhancements offer avenues for future success.

ViaSat reports robust Q1 results post-Inmarsat acquisition, addresses challenges

ViaSat's Q1 2024 earnings call highlighted strong financial performance, post-Inmarsat acquisition synergies, and challenges due to ViaSat-3 anomaly. The company aims for high single-digit revenue growth in FY 2024 and positive growth in FY 2025.

ViaSat excels in Q2 with strong mobility focus and growth outlook

ViaSat's Q2 performance showcased strength in mobility markets, with a focus on addressing satellite anomalies and enhancing in-flight services. The company aims for sustained revenue and adjusted EBITDA growth, targeting free cash flow positivity by H1 2025 and sustainable free cash flow by fiscal '26.

ViaSat reports stellar Q3 results, eyes growth through strategic partnerships

ViaSat's Q3 performance reflects robust revenue and EBITDA growth, backed by a strong backlog and satellite development pipeline. The company's focus on operational efficiency, market expansion, and strategic partnerships positions it well for future growth and positive cash flow.

Viasat surpasses FY '24 targets, eyes new tech for growth

Viasat's FY '24 performance exceeded expectations with strategic cost reductions and revenue growth.
Focus on new technologies and services presents opportunities for revenue expansion and market leadership.
Challenges lie in balancing subscriber declines, cost pressures, and maintaining margins.
Overall, Viasat is positioning for growth through innovation and operational efficiencies.

ViaSat reports strong Q1 performance, eyes growth amid challenges

ViaSat's Q1 FY '25 performance reflects growth in revenue and adjusted EBITDA, supported by strategic initiatives to strengthen financial position.
The company faces challenges in maintaining revenue growth for FY '25 but sees opportunities in segment diversification and investment strategies for future growth.
Overall, ViaSat's focus on operational excellence and financial stability positions it well for continued growth and market expansion in the coming quarters.

ViaSat (VSAT) reports robust Q2 performance amidst industry challenges

ViaSat's Q2 earnings call highlighted strong financial performance, strategic initiatives, and market positioning amidst industry challenges and opportunities.
The company's focus on record contract awards, capital structure strengthening, and satellite deployments underscores its commitment to growth and innovation.
Analysts' inquiries and executive discussions reflected a comprehensive overview of ViaSat's financial health, operational progress, and strategic direction.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ViaSat, Inc. engages in providing communications technologies and services. It operates through the following business segments: Satellite Services, Commercial Networks, and Government Systems. The Satellite Services segment provides satellite-based high-speed broadband services with multiple applications to consumers, enterprises, and mobile broadband customers. The Commercial Networks segment develops and produces a variety of advanced satellite and wireless products, systems, and solutions that enable the provision of high-speed fixed and mobile broadband services. The Government Systems segment offers global mobile broadband services to military, and government users and develops and produces network-centric Internet Protocol (IP)-based fixed and mobile secure communications products and solutions. The company was founded by Mark D. Dankberg and Mark J. Miller on May 1, 1986 and is headquartered in Carlsbad, CA.

VSAT witnesses a marginal decline in net sales in the second quarter of fiscal 2025 owing to weakness in multiple end markets.

Viasat's Q2 Loss Wider Than Expected, Revenues Decline Y/Y

Viasat, Inc. (VSAT) Q2 2025 Earnings Call Transcript

ViaSat (VSAT) came out with a quarterly loss of $1.07 per share versus the Zacks Consensus Estimate of a loss of $0.56. This compares to loss of $6.16 per share a year ago.

ViaSat (VSAT) Reports Q2 Loss, Tops Revenue Estimates

CARLSBAD, Calif. , Nov. 6, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today published its second quarter fiscal year 2025 financial results in a letter to shareholders, which, along with webcast slides, is now posted to the Investor Relations section of Viasat's website.

Viasat Releases Second Quarter Fiscal Year 2025 Financial Results

ViaSat Inc VSAT shares are sitting on the sidelines Wednesday while the broader market rallies. The muted price action may be partly due to The Bear Cave's latest short report.

'Dead Company Walking': Short Seller Sets Sights On ViaSat, Expects Elon Musk's Starlink To Take Share After Trump Win

Embraer

Viasat's multi-band, multi-orbit, multi-network terminals will be integrated into Embraer C-390 Millennium aircraft CARLSBAD, Calif. , Oct. 31, 2024 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications (SATCOM), and Embraer (NYSE: ERJ; B3: EMBR3), a global leader in the aerospace industry, today announced their collaboration to enable advanced hybrid satellite communications capabilities on the Embraer C-390 Millennium military aircraft.

Viasat to Deliver Dual-Band Global Aero Terminals for Embraer C-390 Multi-Mission Airlifter

CARLSBAD, Calif. , Oct. 30, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it will release its second quarter fiscal year 2025 financial results on Wednesday, November 6, 2024 after the market closes, via a letter to shareholders posted to the Investor Relations section of its website.

Viasat Sets November 6, 2024 for Second Quarter Fiscal Year 2025 Financial Results Conference Call and Webcast

I don't see enough value in Viasat, Inc.'s low price, given its massive debt. Viasat's promise of positive cash flow next year doesn't make up for its current financial strain. Even at 1x EBITDA, the company's balance sheet concerns are too large to overlook.

Viasat Earnings Preview: When Cheap Isn't Enough

Viasat's successful trial of direct-to-device connectivity in India will likely boost its commercial opportunities in the region.

VSAT Demonstrates Advanced SATCOM Services in India: Stock to Gain?

The companies have successfully showcased direct-to-device smartphone connectivity during this week's India Mobile Congress in New Delhi. NEW DELHI , Oct. 14, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it has successfully demonstrated direct-to-device satellite connectivity in India for the first time.

Direct-to-device satellite services successfully trialed for first time in India by Viasat and BSNL

Viasat is now delivering service to the U.S. Marine Corps through the ViaSat-3 network CARLSBAD, Calif. , Oct. 10, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that it is now delivering ViaSat-3 F1 (VS3 F1) service to the U.S. Marine Corps, marking the first use of the ViaSat-3 network by a government customer.

ViaSat-3 F1 Begins Delivering Service for Government Customers

Jet ConneX customers will be the first to benefit from the ground-breaking JetXP enhancement program, which delivers a truly seamless experience and supports the market's shift away from empty speed promises CARLSBAD, Calif. , Oct. 9, 2024 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today unveiled a variety of ground-breaking enhancements to its satellite network and service model that will raise the bar for business aviation in-flight connectivity.

Viasat to Enhance Business Aviation In-flight Connectivity with Uncapped Speeds, Expanded Capacity and Increased Network Prioritization

Viasat is collaborating with CYSEC through its ELEVATE program to facilitate the development of leading-edge cybersecurity tools for satellite communication.

Will VSAT Stock Benefit From the Strategic Collaboration With CYSEC?

CARLSBAD, Calif. , Sept. 26, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it will host a Defense and Advanced Technologies: Investor Virtual Teach-In on Thursday, October 17, 2024 at 11:00 a.m.

Viasat Sets October 17, 2024 for Defense and Advanced Technologies Investor Virtual Teach-In

CARLSBAD, Calif. , Sept. 25, 2024 /PRNewswire/ -- Viasat, Inc. (Nasdaq: VSAT) announces that its wholly-owned indirect subsidiaries, Connect Finco SARL and Connect U.S. Finco LLC (together, the "Issuers"), have completed their previously announced offering of $1,975 million in aggregate principal amount of its 9.000% Senior Secured Notes due 2029.

Viasat Announces Successful Closing of Upsized Offering of $1,975 Million of Senior Secured Notes

Viasat secures a U.S. Air Force contract for AESA systems to enable resilient satellite communications for tactical aircraft.

Can VSAT Stock Gain From US Air Force Deal to Support DEUCSI Program?

The company will develop Active Electronically Scanned Array (AESA) systems to support resiliency with multi-band, multi-orbit, multi-vendor network access CARLSBAD, Calif. , Sept. 24, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it was awarded a $33.6 million contract including options from the U.S. Air Force Research Laboratory (AFRL) under the Defense Experimentation Using Commercial Space Internet (DEUCSI) program to develop and deliver Active Electronically Scanned Array (AESA) systems to enable resilient satellite communications for tactical aircraft, including rotary wing platforms.

Viasat Awarded U.S. Air Force DEUCSI Contract for Phased Array Antenna Technology Development

CARLSBAD, Calif. , Sept. 17, 2024 /PRNewswire/ -- Viasat (NASDAQ: VSAT), a global leader in satellite communications, today announced that on September 16, 2024, the Board of Directors of Viasat, including a majority of the independent directors, granted 265,685 restricted stock units ("RSUs") and 59,199 performance-based restricted stock units ("PSUs") (assuming achievement at "target" levels of performance), to Gary Chase, the Company's Senior Vice President and Chief Financial Officer, under the Company's 2024 Employment Inducement Incentive Award Plan (the "Inducement Plan").

Viasat Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

United Continental Hlds

United Airlines has teamed up with SpaceX to provide “gate-to-gate” internet service on flights.

ViaSat Stock Is Plunging. United Airlines Strikes a Deal With Elon Musk's SpaceX.

CARLSBAD, Calif. , Sept. 11, 2024 /PRNewswire/ -- Viasat, Inc. (Nasdaq: VSAT) announces that its wholly-owned indirect subsidiaries, Connect Finco SARL and Connect U.S. Finco LLC (together, the "Issuers"), have upsized and priced their offering of $1,975 million in aggregate principal amount of its 9.000% Senior Secured Notes due 2029.

Viasat Announces Upsizing and Pricing of $1,975 Million of Senior Secured Notes

CARLSBAD, Calif. , Sept. 9, 2024 /PRNewswire/ -- Viasat, Inc. (Nasdaq: VSAT) announces that its wholly-owned indirect subsidiaries, Connect Finco SARL and Connect U.S. Finco LLC (together, the "Issuers"), intend to commence an offering of $1,250 million in aggregate principal amount of Senior Secured Notes due 2029 (the "notes"), subject to market and other conditions.

Viasat Announces Proposed Private Placement of $1,250 Million of Senior Secured Notes

VSAT secures a five-year contract from the Defense Information Services Agency to strengthen the U.S. Army's Blue Force Tracker program.

Viasat Secures $153M Contract to Support BFT Program: Stock to Gain?

VSAT launches Enhanced LAISR mobility solution, aimed at offering flexible communications across government organizations worldwide.

Viasat Launches Enhanced LAISR Solution: Will the Stock Benefit?

Viasat will provide engineering and network modernization services to support U.S. Army Blue Force Tracker requirements CARLSBAD, Calif. , Sept. 5, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, announced today it has received a five-year, $153 million dollar contract at full value potential from the Defense Information Services Agency to provide network services and support for the U.S. Army Project Manager Mission Command (PM MC) Blue Force Tracker  (BFT) program.

Viasat Awarded Potential $150 Million Blue Force Tracker (BFT) Network Services Contract by Defense Information Services Agency (DISA)

On-demand, managed L-Band service offers a cost-effective, flexible solution for government mobile users CARLSBAD, Calif. , Sept. 4, 2024 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today introduced Enhanced LAISR, its global mobility, on-demand managed L-band service offering communications flexibility for airborne, maritime and land users worldwide.

News for ViaSat Stock (VSAT)