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.

In fiscal 2025, Viasat (VSAT) expects to record synergies to the tune of $80 million in annual operating expenses and around $110 million in annual capital expenditures from the Inmarsat buyout.

Viasat (VSAT) Offers Business Update, Affirms FY24 & FY25 View

ViaSat (VSAT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

ViaSat (VSAT) Surges 7.5%: Is This an Indication of Further Gains?

Dollar General

Shares in ViaSat Inc. VSAT, +7.49% surged 17% in premarket trading after the high-speed broadband provider said it would continue operating without replacing a satellite that malfunctioned in July.

ViaSat shares surge after saying it won't replace satellite as Dollar General stock rises on CEO return

Viasat shares took off after the satellite communications company said it expects to achieve positive free cash flow during the first half of calendar 2025, rather than the second half, excluding the positive impact of satellite insurance proceeds. The Carlsbad, California-based company said it has determined it will not need to replace its ViaSat-3 F1 satellite which encountered a mechanical deployment issue to meet the needs of its mobility customers.

Viasat shares rocket on positive financial developments

Viasat said it expects to recover less than 10% of the planned throughput on ViaSat-3 F1, its satellite that malfunctioned during deployment in July, but it was confident it could meet the needs of its customers without replacing it.

Viasat says it will not replace satellite that malfunctioned

Viasat said its current and imminent satellite fleet – as well as support from third parties – "will meet the current and future needs" of its customers.

Viasat won't replace damaged Americas satellite, moves up financial targets

Will not require replacement for ViaSat-3 F1 Expects to achieve synergies from Inmarsat transaction earlier than planned Expects to materially lower capital expense profile moving forward  Company reaffirms FY24 and FY25 guidance CARLSBAD, Calif. , Oct. 12, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced key financial developments that are expected to materially enhance Viasat's cash generation profile.

Viasat Provides an Interim Update on VS-3 F1 Satellite Status and Anticipates Positive Free Cash Flow Earlier Than Planned

LOS ANGELES, CA / ACCESSWIRE / September 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Viasat, Inc. ("Viasat" or "the Company") (NASDAQ:VSAT) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Viasat, Inc. and Encourages Investors with Losses to Contact the Firm

European demo took place at 'The Things Conference' in Amsterdam AMSTERDAM , Sept. 26, 2023 /PRNewswire/ -- Omnispace, the company redefining global mobile connectivity, together with communications leader Viasat (NASDAQ: VSAT) and Lacuna Space, have demonstrated a first-of-its-kind, global, open standards-based internet of things (IoT) service which could pave the way for a range of IoT and direct to device (D2D) satellite services.

Omnispace and Lacuna Showcase Breakthrough NGSO IoT Satellite Connectivity

LOS ANGELES, CA / ACCESSWIRE / September 21, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Viasat, Inc. ("Viasat" or "the Company") (NASDAQ:VSAT) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Viasat, Inc. and Encourages Investors with Losses to Contact the Firm

CARLSBAD, Calif. , Sept. 21, 2023 /PRNewswire/ -- Viasat, Inc. (Nasdaq: VSAT) has priced its offering of $733.4 million in aggregate principal amount of its 7.500% Senior Notes due 2031.

Viasat Announces Pricing of $733.4 Million of Senior Notes

Viasat's (VSAT) hardware encrypted solid state drive DARC-ssd 600 receives successful evaluation for classified data protection.

Viasat (VSAT) SSD Solution Attains Successful Validation

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CARLSBAD, Calif. , Sept. 13, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT) intends to commence an offering of $733.4 million in aggregate principal amount of senior unsecured notes due 2031, subject to market and other conditions.

Viasat Announces Proposed Private Placement of $733.4 Million of Senior Notes

Next-generation data-at-rest encryption solution is the only device of its type evaluated by the U.K. National Cyber Security Centre for Top Secret and Secret classified data FARNBOROUGH, United Kingdom , Sept. 12, 2023 /PRNewswire/ -- Viasat U.K. Ltd.

Viasat DARC-ssd™ 600 Evaluated for Top Secret Data by UK Government

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

Why Is ViaSat (VSAT) Down 18.7% Since Last Earnings Report?

CARLSBAD., Calif. , Sept. 6, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that Inmarsat Government, now part of Viasat, was awarded a Proliferated Low Earth Orbit (PLEO) Satellite-Based Services (SBS) contract by the U.S. Defense Information Systems Agency (DISA) on behalf of the U.S. Space Force's (USSF) Space Systems Command (SSC).

U.S. Space Force Awards Viasat Contract for Proliferated Low Earth Orbit Satellite Services

LOS ANGELES, CA / ACCESSWIRE / August 25, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Viasat, Inc. ("Viasat" or "the Company") (NASDAQ:VSAT) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Viasat, Inc. and Encourages Investors with Losses to Contact the Firm

A second Viasat communications satellite is malfunctioning in orbit, this time from the fleet of recently acquired U.K.-based Inmarsat.

Viasat reports second satellite malfunction in a matter of weeks

Unexpected anomaly - no material impact to ongoing customer service or recent revenue and Adjusted EBITDA guidance CARLSBAD, Calif. , Aug. 24, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today confirmed that its Inmarsat-6 F2 (I6 F2) satellite, which was launched on February 18, 2023, has suffered a power subsystem anomaly during its orbit raising phase.

Viasat Provides Status of Inmarsat-6 F2

Malaysia Airlines will use Viasat's (VSAT) Ka-band IFE solutions in its new Boeing 737-8 fleet.

Viasat (VSAT) to Power IFE Connectivity in Malaysia Airlines

KUALA LUMPUR, Malaysia and CARLSBAD, Calif. , Aug. 17, 2023 /PRNewswire/ --  Viasat Inc.  (NASDAQ: VSAT), a global communications company, today announced Malaysia Airlines -- the national carrier of Malaysia -- has selected the company to outfit the airline's new Boeing 737-8 fleet with its leading wireless In-Flight Entertainment (IFE) system.

Malaysia Airlines Selects Viasat to Enhance In-Flight Experience On Board Its New Boeing 737-8 Fleet

Network Now Enables Global Ka-band Service for Low Earth Orbit Customers CARLSBAD, Calif. , Aug. 14, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), today announced the opening of a Real-Time Earth (RTE) ground station in Hokkaido, Japan, now enabling RTE customers the ability to downlink Ka-band payload data in the northwestern Pacific at the site hosted by RTE partner Infostellar.

Viasat Real-Time Earth Opens Ground Station in Japan

Viasat (VSAT) reports higher revenues year over year in the first quarter of fiscal 2024, driven by net sales growth across all verticals.

Viasat (VSAT) Reports Q1 Loss Despite Higher Revenues

ViaSat (VSAT) came out with a quarterly loss of $0.83 per share versus the Zacks Consensus Estimate of $0.22. This compares to loss of $0.29 per share a year ago.

News for ViaSat Stock (VSAT)