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.

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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.

Airshare Will Equip New Bombardier Challenger 350 and Challenger 3500 Aircraft with Viasat's Industry-Leading Ka-Band Connectivity System CARLSBAD, Calif. , Aug. 16, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced that it will install its high-performance, Ka-band in-flight connectivity (IFC) system on Airshare's new Bombardier Challenger 350 deliveries and future Challenger 3500 deliveries that begin next year.

Airshare Selects Viasat In-flight Connectivity for New Aircraft Deliveries

Record revenues from Satellite Services driven by solid IFC business help ViaSat (VSAT) to report narrower-than-expected loss in first quarter fiscal 2023.

ViaSat (VSAT) Q1 Loss Narrower Than Expected, Revenues Miss

Viasat, Inc. (NASDAQ:VSAT ) Q1 2023 Earnings Conference Call August 8, 2022 5:00 PM ET Company Participants Mark Dankberg - Co-Founder, Chairman and Chief Executive Officer Robert Blair - Senior Vice President, General Counsel and Secretary Richard Baldridge - Vice Chairman Shawn Duffy - Senior Vice President and Chief Financial Officer Conference Call Participants Landon Park - Morgan Stanley Chris Quilty - Quilty Analytics LLC Ric Prentiss - Raymond James & Associates Ryan Koontz - Needham & Company, LLC Mike Crawford - B. Riley FBR, Inc. Operator Welcome to Viasat's Fiscal Year 2023 First Quarter Earnings Conference Call.

Viasat, Inc. (VSAT) CEO Mark Dankberg on Q1 2023 Results - Earnings Call Transcript

CARLSBAD, Calif. , Aug. 8, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today published its first quarter fiscal year 2023 financial results in a letter to shareholders, which is now posted to the Investor Relations section of the website.

Viasat Releases First Quarter Fiscal Year 2023 Financial Results

Satellite  Enters Key Launch Configuration Integration Phase CARLSBAD, Calif. , Aug. 4, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, announced today the first ViaSat-3 satellite is now in the mechanical environments build process.

Viasat Initiates Mechanical Integration on ViaSat-3

CARLSBAD. Calif. , Aug. 1, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it will release its first quarter fiscal year 2023 financial results on Monday, August 8, 2022, after the market closes, via a letter to shareholders posted to the Investor Relations section of its website.

Viasat Sets August 8, 2022 for First Quarter Fiscal Year 2023 Financial Results Conference Call and Webcast

ViaSat (VSAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: ViaSat (VSAT) Q1 Earnings Expected to Decline

Ministry of Defence makes award to Viasat under Defence Employer Recognition Scheme CARLSBAD, Calif. and FARNBOROUGH, United Kingdom , July 28, 2022 /PRNewswire/ -- Viasat UK Ltd.

Viasat Signs UK Armed Forces Covenant Pledging Commitment to Military Community

U.S. satellite operator Viasat's bid for British satellite telecommunications company Inmarsat will need EU antitrust approval before it can be completed, the European Commission said on Wednesday.

EU antitrust regulators say Viasat's Inmarsat bid needs their okay

Company's in-market investment grows as it reaches 50,000 locations, introduces localized brand and serves more than 9 million Brazilians through the Wi-Fi Brasil program SAO PAULO , July 27, 2022 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global communications company, has reached the 50,000 sites mark in Brazil , helping to close the country's digital gap through the provision of high-speed satellite internet across the country. This achievement, combined with the introduction of its Brazil brand, further fuels Viasat's in-market commitment and investment.

Viasat's Satellite Internet Helps Reduce Brazil's Digital Gap

Study Aims to Answer Fundamental Questions for Future Networks CARLSBAD, Calif. and FARNBOROUGH, United Kingdom , July 26, 2022 /PRNewswire/ -- Viasat UK Ltd.

Viasat Selected by European Space Agency to Conduct Multi-Layered SATCOM Study

Payload Delivered to Boeing to Prepare for Broadband Service to EMEA Region CARLSBAD, Calif. , July 13, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, announced delivery of the second ViaSat-3 payload module to Boeing's El Segundo, CA facility where it will be integrated with Boeing's 702 spacecraft bus platform and undergo rigorous spacecraft environmental testing in preparation for launch.

Viasat Completes Major Milestone with Second ViaSat-3 Satellite Payload

Airbus SE

Viasat Inc. (NASDAQ: VSAT) announced Virgin Atlantic has selected Viasat's industry-leading in-flight connectivity (IFC) solution for its new Airbus A330-900 aircraft. These are the details.

Virgin Atlantic Chooses Viasat (VSAT) For In-Flight Connectivity In New Airbus A330-900 Fleet

CARLSBAD, Calif. , July 12, 2022 /PRNewswire/ --  Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced Virgin Atlantic has selected Viasat's industry-leading in-flight connectivity (IFC) solution for its new Airbus A330-900 aircraft.

Virgin Atlantic Selects Viasat for In-Flight Connectivity on its New Airbus A330-900 Fleet

Rick Baldridge to Become Vice Chairman CARLSBAD, Calif. , June 29, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced that, effective July 1, 2022, Mark Dankberg, Viasat's co-founder and executive chairman, will resume the roles of chairman and CEO, while current President and CEO Rick Baldridge will assume a newly created vice chairman position.

Viasat's Mark Dankberg to Resume Chairman & CEO Roles

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

ViaSat (VSAT) Down 14.5% Since Last Earnings Report: Can It Rebound?

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 Shareholder Nod for Inmarsat Buyout

New Choice Home Internet Plans Will Deliver Up To 150 Mbps in Select Areas; High-Speeds Will Create an Enhanced Satellite Internet Experience for Residential Market CARLSBAD, Calif. , June 22, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, is elevating the home satellite internet experience in the U.S., giving customers in select markets new residential plans that will offer blazing high-speed connections, allowing customers to do more, faster – from downloading and streaming more movies, videos and content to enjoying a snappier web browsing experience.

Viasat Introduces its Fastest Satellite Internet Service Plans, Bringing More Choice to Consumers

New York, New York--(Newsfile Corp. - June 21, 2022) - Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Viasat, Inc. (NASDAQ: VSAT) relating to its proposed merger with Inmarsat. Under the terms of the agreement,...

The M&A Class Action Firm Continues to Investigate Viasat, Inc. - VSAT

CARLSBAD, Calif. , June 21, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, announced today that, at its Special Meeting of Stockholders, it received the necessary stockholder approvals for the proposed acquisition of Inmarsat.

Viasat Receives Stockholder Approval for Proposed Acquisition of Inmarsat

Certification enables operators of Dassault Falcon 7X and 8X aircraft to benefit from Viasat's fastest available download speeds in the large cabin segment for the first time CARLSBAD, Calif. , June 20, 2022 /PRNewswire/ -- Viasat Inc. (Nasdaq: VSAT), a global communications company, and Dassault Aircraft Services (DAS), today announced the Federal Aviation Administration (FAA) approved the installation and use of Viasat's Ka-band in-flight connectivity (IFC) business aviation system on Dassault Falcon 7X and 8X aircraft, marking the first time this equipment has been certified for these specific airframes.

FAA Approves Viasat's Ka-band In-Flight Connectivity System for Dassault Falcon 7X and 8X Aircraft

CARLSBAD, Calif. , June 15, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has received an award from U.S. Department of Defense (DoD) through the Information Warfare Research Project (IWRP) to conduct research on the use of 5G to support communications for Expeditionary Advanced Base Operations (EABO).

Viasat to Conduct 5G Network Research with Department of Defense to Support Expeditionary Advanced Base Operations

SpaceX's satellite unit on Monday protested Viasat's proposed acquisition of Inmarsat to the U.S. Federal Communications Commission (FCC), alleging the rival satellite operator had violated commission rules and should not be granted approval to control another company's assets.

SpaceX protests Viasat-Inmarsat merger plans to U.S. FCC

ABERDEEN, Md. , June 1, 2022 /PRNewswire/ -- Viasat Inc., (NASDAQ: VSAT), a global communications company, today announced the opening of a new office in Aberdeen, Maryland, located in Harford County, on the U.S. Army's Aberdeen Proving Ground (APG) installation.

Viasat Expands Presence with Aberdeen Proving Ground Office in Harford County, Maryland

ViaSat's (VSAT) huge ground network costs and R&D investments contribute to losses in fiscal Q4

News for ViaSat Stock (VSAT)