ViaSat (VSAT) Reports Q2 Loss, Tops Revenue Estimates

ViaSat (VSAT) came out with a quarterly loss of $1.07 per share versus the Zacks Consensus Estimate of a loss of$ 0.56. This compares to loss of $6.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -91.07%. A quarter ago, it was expected that this provider of satellite and wireless networking technology would post a loss of$ 0.42 per share when it actually produced a loss of $0.26, delivering a surprise of 38.10%.Over the las ...