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Solid demand trends help Viasat (VSAT) to report top-line growth in the first quarter of fiscal 2025, leading to narrower-than-expected loss.
Viasat raised its fiscal year 2025 revenue forecast on Wednesday, indicating a surge in demand for the satellite communications company's connectivity solutions from the aviation and defense markets.
ViaSat (VSAT) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to loss of $0.83 per share a year ago.
CARLSBAD, Calif. , Aug. 7, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today published its first quarter fiscal year 2025 financial results in a letter to shareholders, which, along with webcast slides and other related materials, has been posted to the Viasat Investor Relations website.
Besides Wall Street's top -and-bottom-line estimates for ViaSat (VSAT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
New Viasat Capacity to Enhance Passenger Wi-Fi Services for Airlines Operating Over North America, Including Routes to Hawaii CARLSBAD, Calif. , Aug. 5, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that ViaSat-3 F1 (VS3 F1) has entered commercial service and is now available for aviation customers operating over North America, including routes servicing Hawaii.
CARLSBAD, Calif. , July 31, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it will release its first quarter fiscal year 2025 financial results on Wednesday, August 7, 2024 after the market closes, via a letter to shareholders posted to the Investor Relations section of its website.
Revolutionary Multi-Purpose Terminal Will Seamlessly Connect Government Customers Across Viasat's Global Satellite Networks DEERFIELD BEACH, Fla. , July 31, 2024 /PRNewswire/ -- Orbit Communication Systems Ltd.
Secure Wireless Hub is a next-generation body-worn tactical communications system for dismounted operations CARLSBAD, Calif. , July 30, 2024 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced the introduction of Viasat's Secure Wireless Hub (SWH), a wearable tactical gateway solution for dismounted soldiers that is easy to carry and simple to use.
The restructured operating segments of Viasat (VSAT) are expected to provide better clarity about the end markets and help it to better focus on each line of business.