ViaSat

ViaSat, Inc. provides communications technologies and services. It operates through following segments: Satellite Services, Commercial Networks and Government Systems. The Satellite Services segment provides satellite-based high-speed broadband services with multiple applications to consumers, enterprises, and mobile broadband customers (including commercial airlines and maritime vessels) both in the United States and abroad. The Commercial Networks segment develops and produces a variety of advanced satellite and wireless products, systems and solutions that enable the provision of high-speed fixed and mobile broadband services. The Government Systems segment provides global mobile broadband services to military and government users, and develops and produces network-centric Internet Protocol (IP)-based fixed and mobile secure communications products and solutions. The company was founded on May 1, 1986 by Mark D. Dankberg and Mark J. Miller and is headquartered in Carlsbad, CA.

Earnings data Q4 2021

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Viasat reports robust Q4 performance, eyes satellite expansion for growth

Viasat's Q4 FY2023 performance reflects strong revenue growth, successful strategic initiatives, and imminent expansion of satellite services. The company faces challenges in addressing integration priorities and competitive landscapes but is well-positioned to capitalize on growth opportunities in emerging markets.

VSAT reports robust Q2 results, faces challenges with satellite anomalies

VSAT's Q2 2023 performance reflects strong revenue and EBITDA growth, bolstered by the Inmarsat acquisition. However, challenges related to the anomaly on ViaSat-3 Flight 1 and the timing of corrective actions for Flight 2 may impact FY 2025. Despite this, the company is well-positioned to capitalize on opportunities in defense connectivity, direct-to-device business, and maritime services.

ViaSat anticipates record earnings, launches key satellites for growth

ViaSat is poised for significant growth with the upcoming launches of ViaSat-3 satellites, addressing immediate bandwidth constraints and enabling higher speeds and more bandwidth. Despite Q3 2023 financial results below expectations, the sale of TDL business and strategic partnerships provide a strong foundation for future profitability and growth.

Viasat reports record revenue and EBITDA, eyes global expansion opportunities

Viasat's strong financial performance in Q4 FY2023, driven by strategic decisions and successful satellite deployment, positions the company for growth. While challenges lie in post-acquisition integration and market dynamics, opportunities in global expansion and service enhancements offer avenues for future success.

ViaSat reports robust Q1 results post-Inmarsat acquisition, addresses challenges

ViaSat's Q1 2024 earnings call highlighted strong financial performance, post-Inmarsat acquisition synergies, and challenges due to ViaSat-3 anomaly. The company aims for high single-digit revenue growth in FY 2024 and positive growth in FY 2025.

ViaSat excels in Q2 with strong mobility focus and growth outlook

ViaSat's Q2 performance showcased strength in mobility markets, with a focus on addressing satellite anomalies and enhancing in-flight services. The company aims for sustained revenue and adjusted EBITDA growth, targeting free cash flow positivity by H1 2025 and sustainable free cash flow by fiscal '26.

ViaSat reports stellar Q3 results, eyes growth through strategic partnerships

ViaSat's Q3 performance reflects robust revenue and EBITDA growth, backed by a strong backlog and satellite development pipeline. The company's focus on operational efficiency, market expansion, and strategic partnerships positions it well for future growth and positive cash flow.

Viasat surpasses FY '24 targets, eyes new tech for growth

Viasat's FY '24 performance exceeded expectations with strategic cost reductions and revenue growth.
Focus on new technologies and services presents opportunities for revenue expansion and market leadership.
Challenges lie in balancing subscriber declines, cost pressures, and maintaining margins.
Overall, Viasat is positioning for growth through innovation and operational efficiencies.

ViaSat reports strong Q1 performance, eyes growth amid challenges

ViaSat's Q1 FY '25 performance reflects growth in revenue and adjusted EBITDA, supported by strategic initiatives to strengthen financial position.
The company faces challenges in maintaining revenue growth for FY '25 but sees opportunities in segment diversification and investment strategies for future growth.
Overall, ViaSat's focus on operational excellence and financial stability positions it well for continued growth and market expansion in the coming quarters.

ViaSat (VSAT) reports robust Q2 performance amidst industry challenges

ViaSat's Q2 earnings call highlighted strong financial performance, strategic initiatives, and market positioning amidst industry challenges and opportunities.
The company's focus on record contract awards, capital structure strengthening, and satellite deployments underscores its commitment to growth and innovation.
Analysts' inquiries and executive discussions reflected a comprehensive overview of ViaSat's financial health, operational progress, and strategic direction.

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ViaSat, Inc. engages in providing communications technologies and services. It operates through the following business segments: Satellite Services, Commercial Networks, and Government Systems. The Satellite Services segment provides satellite-based high-speed broadband services with multiple applications to consumers, enterprises, and mobile broadband customers. The Commercial Networks segment develops and produces a variety of advanced satellite and wireless products, systems, and solutions that enable the provision of high-speed fixed and mobile broadband services. The Government Systems segment offers global mobile broadband services to military, and government users and develops and produces network-centric Internet Protocol (IP)-based fixed and mobile secure communications products and solutions. The company was founded by Mark D. Dankberg and Mark J. Miller on May 1, 1986 and is headquartered in Carlsbad, CA.

Viasat, Inc. (NASDAQ:VSAT ) Q4 2023 Earnings Conference Call May 17, 2023 5:00 PM ET Company Participants Mark Dankberg - Chairman and CEO Shawn Duffy - CFO Robert Blair - General Counsel Guru Gowrappan - President Conference Call Participants Ric Prentiss - Raymond James Simon Flannery - Morgan Stanley Mike Crawford - B. Riley Operator Hello, and welcome to Viasat's Q4 Fiscal Year 2023 Earnings Conference Call.

Viasat, Inc. (VSAT) Q4 2023 Earnings Call Transcript

CARLSBAD, Calif. , May 17, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today published its fourth quarter and fiscal year 2023 financial results in a letter to shareholders, which is now posted to the Investor Relations section of the website.

Viasat Releases Fourth Quarter and Fiscal Year 2023 Financial Results

CARLSBAD, Calif. , May 11, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it will release its fourth quarter and fiscal year 2023 financial results on Wednesday, May 17, 2023 after the market closes, via a letter to shareholders posted to the Investor Relations section of its website.

Viasat Sets May 17, 2023 for Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call and Webcast

The U.K.'s Competition and Markets Authority (CMA) has officially greenlighted the proposed $7.3 billion merger between Viasat and Inmarsat. London-based Inmarsat and its U.S. rival Viasat offer various satellite services including in-flight Wi-Fi to commercial airlines.

UK greenlights $7.3B merger between satellite rivals Viasat and Inmarsat

CARLSBAD, Calif. and LONDON , May 9, 2023 /PRNewswire/ -- Viasat Inc., (NASDAQ: VSAT), a global communications company, and Inmarsat, a leading provider of global mobile satellite communications services, are pleased that the UK's Competition & Markets Authority (CMA) has today announced the conclusion of its Phase II review, which confirmed its provisional findings that the transaction does not raise competition concerns, and allows Viasat's proposed acquisition of Inmarsat to proceed without remedies.

Viasat's Proposed Acquisition of Inmarsat Receives Unconditional Clearance From UK's Competition and Markets Authority

Viasat took a big step toward satellite staying power last weekend, as the long-awaited launch of the first of the ViaSat-3 trio.

Investing in Space: Viasat launch adds power and flexibility in satellite broadband competition

ViaSat-3 Americas en route to geostationary orbit; on target for service launch mid CY 2023 CARLSBAD, Calif. , May 1, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced the successful launch of ViaSat-3 Americas aboard a SpaceX Falcon Heavy from Launch Complex 39A (LC-39A) at NASA's Kennedy Space Center in Florida.

ViaSat-3 Americas Successfully Launched

CARLSBAD, Calif. , April 13, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today confirmed the scheduled launch date for the ViaSat-3 Americas satellite is April 18, 2023 during an approximately one-hour long launch window opening at 7:29pm EDT.

Viasat Confirms ViaSat-3 Americas Satellite is Scheduled to Launch on April 18, 2023

CARLSBAD, Calif. , April 13, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, announced today that K.

Viasat Announces K. Guru Gowrappan as President

Viasat (VSAT) collaborated with Microsoft to integrate Real-Time Earth Antennas with Microsoft Azure Orbital to support satellite operators with fast, secure and reliable connectivity.

Viasat (VSAT) and Microsoft to Boost Satellite Connectivity

Viasat (VSAT) unveils Mercury FSOC terminal to help military operators minimize signature communications using the PAT system.

Viasat (VSAT) Unveils High-Capacity Mercury FSOC Terminal

CARLSBAD, Calif., April 11, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced through a collaboration with Microsoft Azure Orbital, the global Viasat Real-Time Earth (RTE) ground service is now accessible through the Azure marketplace. Five RTE sites will be equipped with high-speed connectivity directly to the Azure cloud platform.

Viasat Real-Time Earth Antennas Integrated on Microsoft Azure Orbital

Viasat's new free space optical communication terminal is designed to deliver high-performance and resilient connectivity in contested environments CARLSBAD, Calif. , April 6, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced that it debuted its new Mercury Free Space Optical Communications (FSOC) terminal during the U.S. Special Operations Command (SOCOM) Technical Experimentation (TE) event on March 21, 2023 in Avon Park, Florida.

Viasat Debuts Mercury Expeditionary Free Space Optical Communications Terminal

There is a consolidation going on in the satellite communications market as operators have to take on challenges constituted by disruptors, one of which is Starlink. Elon Musk's company has surely impressed by its agility, but incumbents Viasat and SES S.A. are also taking action by merging with Inmarsat and Intelsat, respectively.

SES And Viasat: 2 Mergers To Challenge Elon Musk's Starlink

Viasat has continued to see robust revenue growth while posting negative net income. Nonetheless, it has posted mostly positive operating income as well as positive operating cash flow for the past decade.

Viasat: Large Satellite Player Still In Growth Mode

Viasat's (VSAT) Ka-band solutions enable business jet customers to enjoy high-speed Internet connectivity from takeoff to touchdown.

Viasat (VSAT) to Power IFC Connectivity in 1000 Delta Air Fleet

Total Count Now at more than 1,000 Aircraft as Delta Air Lines Continues to Expand Fast, Free Wi-Fi Offering CARLSBAD, Calif. , March 14, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced its in-flight connectivity (IFC) solution will be installed on a total of more than 1,000 Delta Air Lines aircraft.

Viasat to Provide In-Flight Connectivity to Additional Delta Aircraft, Including Widebodies

ARK Innovation ETF

Garmin

Iridium Communications

Maxar Technologies

Planet Labs

Rocket Lab USA

Virgin Galactic

Trimble

Procure Space ETF

Many space companies are actually commercial satellite providers or aerospace/defense companies with long operating histories. Maxar took some of the famous satellite photos from Russia's invasion of Ukraine in early 2022.

Space Is Far, But Investing In Space Is Closer To Home

ViaSat (VSAT) reported earnings 30 days ago. What's next for the stock?

ViaSat (VSAT) Up 20.5% Since Last Earnings Report: Can It Continue?

Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?

ViaSat (VSAT) Now Trades Above Golden Cross: Time to Buy?

Viasat (VSAT) launched Trusted Cybersecurity Services (TCS) solution to reinforce the cyber defense mechanism of essential infrastructure, private and state organizations in the United States.

Viasat (VSAT) Augments Cyber Protection With New Solution

New service offers up to six months of early warning against malicious cyber threats using U.S. Department of Homeland Security threat intelligence CARLSBAD, Calif. , March 2, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced the launch of its Trusted Cybersecurity Services (TCS) solution, a hosted intrusion detection service that integrates classified government threat intelligence to identify existing, potential and emerging threats on an organization's network.

Viasat Launches Cybersecurity Service Using Classified Threat Intelligence to Help Protect U.S. Businesses and Critical Infrastructure

The buyout by Viasat (VSAT) will create a leading communications service provider with complementary assets and enhanced scale for offering affordable, secure and reliable connectivity.

Viasat (VSAT) Secures UK Regulator Nod for Inmarsat Buyout

The U.K.'s Competition and Markets Authority (CMA) has provisionally cleared the proposed $7.3 billion merger between London-based satellite company Inmarsat and its U.S. rival Viasat. The two companies, which offer myriad satellite services spanning everything from in-flight Wi-Fi to military use-cases, first announced their merger plans back in November, 2021.

UK provisionally greenlights Viasat and Inmarsat's $7.3B pointing to competition from Starlink

A shrinking fixed broadband customer base in the United States, high network activation costs for the upcoming ViaSat-3 launch, and supply chain challenges hurt Viasat's (VSAT) third quarter earnings.

News for ViaSat Stock (VSAT)