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

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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.

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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.

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ViaSat (VSAT) reported earnings 30 days ago. What's next for the stock?

ViaSat (VSAT) Up 20.5% Since Last Earnings Report: Can It Continue?

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ViaSat (VSAT) Now Trades Above Golden Cross: Time to Buy?

Viasat (VSAT) launched Trusted Cybersecurity Services (TCS) solution to reinforce the cyber defense mechanism of essential infrastructure, private and state organizations in the United States.

Viasat (VSAT) Augments Cyber Protection With New Solution

New service offers up to six months of early warning against malicious cyber threats using U.S. Department of Homeland Security threat intelligence CARLSBAD, Calif. , March 2, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced the launch of its Trusted Cybersecurity Services (TCS) solution, a hosted intrusion detection service that integrates classified government threat intelligence to identify existing, potential and emerging threats on an organization's network.

Viasat Launches Cybersecurity Service Using Classified Threat Intelligence to Help Protect U.S. Businesses and Critical Infrastructure

The buyout by Viasat (VSAT) will create a leading communications service provider with complementary assets and enhanced scale for offering affordable, secure and reliable connectivity.

Viasat (VSAT) Secures UK Regulator Nod for Inmarsat Buyout

The U.K.'s Competition and Markets Authority (CMA) has provisionally cleared the proposed $7.3 billion merger between London-based satellite company Inmarsat and its U.S. rival Viasat. The two companies, which offer myriad satellite services spanning everything from in-flight Wi-Fi to military use-cases, first announced their merger plans back in November, 2021.

UK provisionally greenlights Viasat and Inmarsat's $7.3B pointing to competition from Starlink

A shrinking fixed broadband customer base in the United States, high network activation costs for the upcoming ViaSat-3 launch, and supply chain challenges hurt Viasat's (VSAT) third quarter earnings.

Viasat (VSAT) Miss Earnings and Revenue Estimates in Q3

Viasat, Inc. (NASDAQ:VSAT ) Q3 2023 Earnings Conference Call February 7, 2023 5:00 PM ET Company Participants Mark Dankberg - Chairman and CEO Shawn Duffy - CFO Robert Blair - General Counsel Conference Call Participants Ric Prentiss - Raymond James Landon Park - Morgan Stanley Mike Crawford - B. Riley Securities Caleb Henry - Quilty Analytics Ryan Koontz - Needham & Company Louie DiPalma - William Blair Operator Welcome to ViaSat's FY 2023 Third Quarter Earnings Conference Call.

Viasat, Inc. (VSAT) Q3 2023 Earnings Call Transcript

ViaSat (VSAT) delivered earnings and revenue surprises of -74.29% and 3.21%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

ViaSat (VSAT) Reports Q3 Loss, Misses Revenue Estimates

CARLSBAD, Calif. , Feb. 7, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today published its third quarter fiscal year 2023 financial results in a letter to shareholders, which is now posted to the Investor Relations section of the website.

Viasat Releases Third Quarter Fiscal Year 2023 Financial Results

CARLSBAD, Calif. , Jan. 30, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it will release its third quarter fiscal year 2023 financial results on Tuesday, February 7, 2023, after the market closes, via a letter to shareholders posted to the Investor Relations section of its website.

Viasat Sets February 7, 2023 for Third Quarter Fiscal Year 2023 Financial Results Conference Call and Webcast

Viasat (VSAT) secures a contract with USMC to provide essential SATCOM Service, after successfully delivering a fully-managed SATCOM as a Managed Service solution in fiscal 2022.

Viasat (VSAT) to Deliver Key SATCOM Service to U.S. Marine

The contract expands program providing fully managed satellite communication services to Marines CARLSBAD, Calif. , Jan. 24, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it was awarded a contract to provide end-to-end satellite communications (SATCOM) support through a fully managed service to the United States Marine Corps (USMC).

Viasat Awarded Satellite Communications Managed Services Contract by United States Marine Corps

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DOHA, Qatar--( BUSINESS WIRE )--Global software and engineering leader Emerson (NYSE: EMR) will provide automation technologies, software and analytics for the Ras Laffan Petrochemical Complex in Qatar as part of a consortium with Viasat Energy Services, a division of global communications company Viasat (NASDAQ: VSAT). The $6 billion integrated polymers project, a joint venture between QatarEnergy and Chevron Phillips Chemical, is currently under construction and scheduled to go online in late 2026.

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VSAT revenue growth is of poor quality, with challenged profitability throughout its long public history. VSAT is faced with new challengers SpaceX and Amazon Kuiper in the consumer broadband market.

Why European SES Is The Better Satcom Choice Over Viasat

With VSTC, Viasat is now approved to install its system on aircraft types that make up over 75 percent of domestic planes in China CARLSBAD, Calif. , Jan. 10, 2023 /PRNewswire/ --  Viasat Inc.  (NASDAQ: VSAT), a global communications company, today announced it has been awarded a Civil Aviation Administration of China (CAAC) Validation of Supplemental Type Certificate (VSTC) to install its advanced Ka-band satellite connectivity system on the Boeing 737 aircraft series.

CAAC Validation for Viasat's Ka-Band In-flight Connectivity Integration Issued for Boeing 737 Series Aircraft

The transaction will enable Viasat (VSAT) to focus on its core operations and provide satellite communication services globally.

Viasat (VSAT) Completes Non-Core Asset Sale to L3Harris

L3Harris

CARLSBAD, Calif. , Jan. 3, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, completed the sale of its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies (NYSE: LHX) for approximately $1.96 billion in cash.

Viasat Completes Sale of Link 16 Tactical Data Links Business to L3Harris Technologies for $1.96 Billion

MELBOURNE, Fla.--( BUSINESS WIRE )--L3Harris Technologies (NYSE: LHX) today announced closing its acquisition of Viasat Inc.'s (NASDAQ: VSAT) Tactical Data Links product line – commonly known as Link 16 – for approximately $1.96 billion, subject to customary adjustments.

L3Harris Completes Link 16 Acquisition

The five-year contract reinforces Viasat's (VSAT) position as one of the leading suppliers of tactical communications solutions for defense personnel.

Viasat (VSAT) Secures 5-Year Deal for Improved Communication

The sole-source award extends Viasat's previous SOCOM support contract CARLSBAD, Calif. , Dec. 29, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it was awarded an indefinite delivery, indefinite quantity (IDIQ) contract award worth up to $325 million over a five-year period to support the U.S. Special Operations Command (SOCOM).

Viasat Awarded Five-Year $325 Million IDIQ Contract by U.S. Special Operations Command

Given the opportunities offered as a provider of free Wi-Fi for airline passengers in a rapidly growing market, the above -20% slump in Viasat's share price seems unjustified. Then, pessimists would point to the clouds of macroeconomic uncertainty, competition with Elon Musk's Starlink, and the negative free cash flow.

Viasat: Enabling Free Internet In The Skies

The FAA go-ahead is likely to generate incremental revenues for Viasat (VSAT), with more than 300 Gulfstream G450 aircraft available in the market.

Viasat (VSAT) to Power In-Flight Connectivity in Gulfstream G450

Operators can now benefit from Viasat's fastest available download speeds to enable streaming, video conferencing, and productivity apps CARLSBAD, Calif. , Dec. 19, 2022 /PRNewswire/ -- Viasat Inc. (Nasdaq: VSAT), a global communications company, today announced the Federal Aviation Administration (FAA) approved the company's Ka-band In-flight Connectivity (IFC) solution for Gulfstream G450 aircraft, a large cabin jet often deployed on long-distance, international expeditions.

News for ViaSat Stock (VSAT)