CARLSBAD, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it will release its fourth quarter and fiscal year 2025 financial results on Tuesday, May 20, 2025 after the market closes, via a letter to shareholders posted to the Investor Relations section of its website. The Company will also host a conference call and webcast on Tuesday, May 20, 2025 at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time. To participate on the live ...

Core Viewpoint - ViaSat (VSAT) is anticipated to report a year-over-year increase in earnings despite a decrease in revenues for the quarter ending March 2025, with actual results being crucial for stock price movement [1][3]. Earnings Expectations - The consensus estimate for ViaSat's quarterly earnings is $0.03 per share, reflecting a year-over-year increase of +104.2%, while revenues are projected to be $1.13 billion, down 1.4% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their initial projections [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for ViaSat is lower than the consensus estimate, resulting in an Earnings ESP of -660%, indicating a bearish outlook from analysts [10]. Historical Performance - In the last reported quarter, ViaSat was expected to post a loss of $0.91 per share but actually reported a loss of $1.23, leading to a surprise of -35.16%. Over the last four quarters, the company has only beaten consensus EPS estimates once [12][13]. Stock Movement Factors - An earnings beat or miss is not the sole determinant of stock price movement, as other factors can influence investor sentiment and stock performance [14].

Viasat will continue development and testing of a new space optical terminal for crosslink communications between orbits CARLSBAD, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it was selected by the U.S. Space Force's (USSF) Space Systems Command (SSC) for the second phase of its Enterprise Space Terminal (EST) program, which is focused on the prototyping and development of a new optical laser communications terminal that ...

Core Insights - Viasat, Inc. has appointed Dr. William "Bill" LaPlante and Michael Paull to its Board of Directors, effective immediately, enhancing the board's expertise in defense and digital streaming sectors [1][2] Group 1: Board Appointments - Dr. LaPlante brings extensive experience in defense and national security, having served as the former Under Secretary of Defense for Acquisition and Sustainment, where he was responsible for acquisition, logistics, and security assistance, particularly focusing on Ukraine [2][3] - Michael Paull has over 20 years of experience in consumer product development and media, currently serving as CEO of RBmedia and previously leading Disney's direct-to-consumer initiatives, including the launches of ESPN+ and Disney+ [3] Group 2: Board Changes - James "Jim" Bridenstine has resigned from the Viasat Board, effective immediately, after contributing significantly to the board's governance and finance committees [4] - The company expressed gratitude for Bridenstine's contributions and plans to engage his services through his firm, The Artemis Group, in the future [4] Group 3: Company Overview - Viasat is a global communications company focused on connecting consumers, businesses, governments, and militaries, with a mission to develop a comprehensive global communications network [5] - The company completed its acquisition of Inmarsat in May 2023, combining resources to enhance its global communications capabilities [5]

Core Insights - Viasat has launched the GX10A and GX10B satellite payloads, which are now available to provide high-speed services for government customers in the Arctic region, with commercial services expected to follow in fiscal year 2026 [1][11] Group 1: Satellite Launch and Capabilities - The GX10A and GX10B payloads were launched from Vandenberg Space Force Base in August 2024 and are part of Space Norway's Arctic Satellite Broadband Mission [2] - These satellites include hosted payloads for the Norwegian Military and the U.S. Government, as well as a radiation monitoring capability for the European Commission [2] - The payloads are designed to deliver broadband satellite coverage over the Arctic region for both government and commercial customers [2] Group 2: Market Demand and Coverage Expansion - There is a rapidly growing demand for connectivity from governments, commercial mobility services, and scientists in the Arctic region [3] - The new payloads will enhance Viasat's coverage area, thereby strengthening its global coverage capabilities with dedicated capacity for the Arctic [3] - The satellites operate in a Highly Elliptical Orbit (HEO), extending Viasat's network beyond geostationary orbit for the first time, providing high-speed Ka-band services across land, sea, and air [4] Group 3: Future Plans and Strategic Vision - Viasat plans to further expand its high-speed broadband capacity and capabilities for government and commercial mobility customers with five new Ka-band satellites currently under construction, expected to enter service in the coming years [5] - The company aims to deliver innovative, multi-orbit solutions to meet the evolving connectivity requirements of government customers worldwide [5]

Group 1 - Sallaum Lines has signed an agreement with Inmarsat Maritime to adopt the NexusWave fully managed bonded connectivity service, becoming an early adopter in the region [1][4] - The NexusWave service will provide Sallaum Lines with secure, ultra-fast connectivity and unlimited data, along with 24/7 support through Inmarsat's Care Premium programme [1][2] - Sallaum Lines is enhancing its digitalisation strategy by integrating modern technologies such as IoT sensors and collaborative tools to improve operational efficiency across its 14-vessel RoRo fleet [2][4] Group 2 - The company is focused on crew welfare, ensuring that crew members can stay connected with families and access educational tools through the high-speed connectivity provided by NexusWave [3][4] - The partnership with Inmarsat Maritime reflects Sallaum Lines' commitment to operational efficiency and reliability, positioning the company as a technology-driven entity in the maritime industry [4][5] - Inmarsat Maritime, a Viasat company, has over 40 years of experience in providing reliable solutions for the maritime industry, enhancing connectivity and operational efficiency for ship owners and operators [5][6]

Core Viewpoint - Viasat Inc. has announced the full redemption of its remaining 5.625% senior notes due 2025, totaling $442,550,000, ahead of the maturity date, to be funded with cash on hand [1][2]. Company Overview - Viasat is a global communications company focused on connecting people and devices worldwide, with operations in 24 countries [3]. - The company aims to develop a comprehensive global communications network to provide high-quality, reliable, and secure connections [3]. - In May 2023, Viasat completed the acquisition of Inmarsat, enhancing its capabilities and resources in the communications sector [3].

Core Insights - Inmarsat Maritime, a subsidiary of Viasat Inc., is set to trial its NexusWave connectivity service on two chemical tankers owned by Caribe Tankers USA, Inc., enhancing communication systems for maritime operations [1][4] - NexusWave combines various technologies to provide fast and reliable Internet access, crucial for both operational efficiency and crew welfare [2][3] - The collaboration highlights the increasing demand for advanced connectivity solutions in the maritime industry, which will support Viasat's long-term growth strategy [5] Company Developments - The integration of NexusWave with next-generation ViaSat-3 Ka-band service, expected to be operational in 2025, will enhance capacity and speed for maritime operators [4] - Viasat's stock has experienced a significant decline of 45.1% over the past year, contrasting with the industry's growth of 48.3% [6] Industry Trends - The maritime sector is increasingly prioritizing seamless connectivity to improve operational efficiency and crew satisfaction, reflecting a broader trend towards digital transformation in the industry [3][5] - The need for unified connectivity solutions is becoming critical as shipping operators seek to simplify fleet management and enhance operational capabilities [5]

Core Insights - Inmarsat Maritime has announced a trial of its NexusWave service by Caribe Tankers USA, Inc to enhance operational and crew connectivity on their chemical tankers [1][3] - NexusWave combines multiple network underlays into a fully managed solution, providing seamless high-speed internet connectivity with global coverage and unlimited data [2][6] - The trial reflects Caribe Tankers' commitment to improving crew welfare and operational efficiency through reliable communication services [5][6] Company Overview - Inmarsat Maritime, a subsidiary of Viasat, has over 40 years of experience in providing innovative solutions for the maritime industry, focusing on connectivity, safety, and operational efficiency [7] - Viasat aims to create a global communications network that ensures reliable and fast connections across various sectors, including maritime [8] Operational Impact - The implementation of NexusWave is expected to improve productivity on board by providing fast and reliable internet, which is crucial for maintaining a happy and healthy working environment for the crew [4][5] - Caribe Tankers emphasizes the importance of consistent communication services to support daily operational needs, highlighting the necessity of reliable connectivity in the shipping industry [5][6]

Core Insights - Viasat, Inc. has launched Viasat Amara, a next-generation commercial aviation solution aimed at enhancing in-flight connectivity (IFC) for airlines and passengers [1][2] - The solution leverages existing advanced terminals for optimized multi-network connectivity through a software upgrade, supporting various satellite systems [2][3] - Viasat is also introducing the Viasat Aera antenna terminal, which will enable dual-beam connections across multiple satellite orbits, expected to enter commercial service in 2028 [4] Company Developments - Viasat Amara is designed to scale with increasing data demands, providing consistent high-quality service and new monetization opportunities for airlines [3] - The company believes its competitive advantages in bandwidth economics and global coverage will significantly improve IFC revenues [5][6] - The portfolio upgrade is anticipated to generate incremental revenues for Viasat, enhancing its market position [6] Market Performance - Viasat's stock has experienced a decline of 54.4% over the past year, contrasting with a 30.6% growth in the industry [7]