ViaSat (VSAT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - ViaSat reported revenue of $1.12 billion for the quarter ended December 2024, a decrease of 0.4% year-over-year, with an EPS of -$1.23 compared to -$0.99 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of $1.13 billion, resulting in a surprise of -0.21%, while the EPS also missed the consensus estimate of -$0.91 by 35.16% [1] Revenue Breakdown - Product revenues were reported at $314.40 million, below the five-analyst average estimate of $320.92 million, reflecting a year-over-year increase of 3.7% [4] - Service revenues amounted to $809.37 million, slightly above the average estimate of $806.86 million, but showed a year-over-year decline of 2% [4] - Communication Services revenue was $820.35 million, falling short of the two-analyst average estimate of $849.26 million [4] - Defense and Advanced Technologies revenue reached $303.42 million, exceeding the average estimate of $284.91 million from two analysts [4] Stock Performance - ViaSat shares have returned +2.7% over the past month, outperforming the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]