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-0.000635727908455168 -0.00382072472981566 -0.00667514303877943 -0.00127145581691034 0.0114431023521932 0.00858232676414493 0.000635727908455168 0.000635727908455168
Stock impact report

Viasat (VSAT) Q4 Loss Wider Than Expected, Top Line Up Y/Y [Yahoo! Finance]

ViaSat, Inc. (VSAT) 
Last viasat, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.viasat.com
Company Research Source: Yahoo! Finance
Viasat Inc. VSAT reported mixed fourth-quarter fiscal 2024 results, with the top line surpassing the Zacks Consensus Estimate but the bottom line missing the same. The company reported higher revenues year over year, backed by healthy demand trends in all segments. Growth in commercial air IFC services, strong demand for high-speed network encryption products and tactical satcom networks supported the top line during the quarter. However, the decline in fixed broadband business partially reversed this trend. Net Income The company incurred a net loss of $100.3 million or a loss of 80 cents per share against a net income of $1.20 billion or $15.56 per share in the prior-year quarter. Higher net income from discontinued operations boosted the bottom line in the year ago quarter. The bottom line was wider than the Zacks Consensus Estimate of a loss of 60 cents. Excluding non-recurring items, Viasat reported a non-GAAP net loss of $30.5 million or a loss of 24 cents per share again Show less Read more
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