Viasat (VSAT) Reports Narrower Q1 Loss on Higher Revenues

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 ...