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Viasat (VSAT) Expands Arctic Connectivity With Satellite Launch
ZACKS· 2024-08-15 15:06
Viasat, Inc. (VSAT) has achieved a significant milestone with the launch of the Arctic Satellite Broadband Mission (ASBM) from Vandenberg Space Force Base. This mission, spearheaded by Heosat, a subsidiary of Space Norway, marks the deployment of two satellites — ASBM-1 and ASBM-2 — into a highly elliptical orbit (HEO), representing the first HEO mission to carry a commercial broadband service payload. These satellites will host the GX10A and GX10B Ka-band payloads, enabling Viasat to extend its high-speed ...
Viasat Announces the Next Evolution of its Award-Winning L-Band Tactical Satellite Service (L-TAC)
Prnewswire· 2024-08-14 12:00
Enhanced scalability and on-demand service will offer global mobile users rapid service activation for tactical beyond line-of-sight communications CARLSBAD, Calif., Aug. 14, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced the next evolution of its award-winning L-band tactical satellite service, LTAC, delivering new features that allow service on-demand – when and where users need it. The L-TAC service is delivered through Viasat's worldwide L- ...
VSAT Stock Alert: Uh-Oh. 4 Top Viasat Investors Dump 11.25M Shares.
Investor Place· 2024-08-13 17:12
Viasat (NASDAQ:VSAT) stock is taking a beating on Tuesday after four major investors in the broadband and communications products and services company decided to dump some shares. Filings with the Securities and Exchange Commission (SEC) reveal that roughly 11.25 million shares of VSAT stock will be sold by investors. Let's break that news down below! VSAT Stock Sale Details News of this proposed stock sale by some of the biggest investors in VSAT has the shares seeing heavy trading today. With that comes m ...
Arctic Broadband on the Way as Viasat Confirms Successful Launch
Prnewswire· 2024-08-12 12:00
Space Norway's Arctic Satellite Broadband Mission successfully launched aboard a SpaceX Falcon 9 from Vandenberg Space Force Base, California, August 11, 2024 at 7.02pm PT. The two satellites carry payloads that Viasat aims to use to bring broadband connectivity to the Arctic from polar orbits. VANDENBERG, Calif., Aug. 12, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, has confirmed the Arctic Satellite Broadband Mission (ASBM) has successfully launched from V ...
ViaSat(VSAT) - 2025 Q1 - Earnings Call Transcript
2024-08-10 04:34
Viasat, Inc. (NASDAQ:VSAT) Q1 2025 Earnings Conference Call August 7, 2024 5:30 PM ET Company Participants Lisa Curran - Vice President, Investor Relations Mark Dankberg - Chairman of the Board, Chief Executive Officer, and Co-Founder Guru Gowrappan - President Shawn Duffy - Senior Vice President & Chief Financial Officer Conference Call Participants Sebastiano Petti - JPMorgan Griffin Boss - B. Riley Securities Ryan Koontz - Needham & Company Ric Prentiss - Raymond James Christopher Quilty - Quilty Space L ...
ViaSat(VSAT) - 2025 Q1 - Quarterly Report
2024-08-09 18:48
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number (000-21767) VIASAT, INC. (Exact name of registrant as specified in its charter) Delaware 33-0174996 (State or other jurisdiction o ...
Why Viasat Stock Soared After Posting First-Quarter Results
Seeking Alpha· 2024-08-09 12:30
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Viasat (VSAT) Reports Narrower Q1 Loss on Higher Revenues
ZACKS· 2024-08-08 13:26
Viasat Inc. (VSAT) reported relatively healthy first-quarter fiscal 2025 results, with the top line surpassing the Zacks Consensus Estimate. The company reported higher revenues year over year, backed by solid demand trends in both segments. In addition, incremental revenues from Inmarsat contributed significantly to the topline growth. An improved operating performance further led to a narrower-than-expected loss. Net Income The company incurred a net loss of $32.9 million or a loss of 26 cents per share c ...
ViaSat (VSAT) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2024-08-07 22:50
ViaSat (VSAT) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to loss of $0.83 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 38.10%. A quarter ago, it was expected that this provider of satellite and wireless networking technology would post a loss of $0.60 per share when it actually produced a loss of $0.72, delivering a surprise of -20%. Over the last ...
ViaSat(VSAT) - 2025 Q1 - Quarterly Results
2024-08-07 20:15
Exhibit 99.2 Viasat Y25 hareholder Letter Fellow Shareholders, Our Q1 Fiscal Year 2025 results yielded stronger than expected year-over-year (Yo') revenue and Adjusted EBITDA' growth. Our Q1 results, ongoing services revenue, expected activations in aviation (despite OEM delays), solid defense orders, existing and new backlog, and order pipeline enable us to increase our outlook for FY2025. Further to delivering the overperformance, we also continued to take actions to strengthen our capital structure while ...