ViaSat (VSAT) Reports Q1 Loss, Tops Revenue Estimates

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 ...