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VSAT reports a wider-than-expected loss owing to weak demands in multiple verticals.
Viasat, Inc. (NASDAQ:VSAT ) Q3 2025 Earnings Conference Call February 6, 2025 5:30 PM ET Company Participants Lisa Curran - Vice President of Investor Relations Mark Dankberg - Chairman and Chief Executive Officer Gary Chase - Chief Financial Officer Shawn Duffy - Chief Accounting Officer Conference Call Participants Ric Prentiss - Raymond James & Associates, Inc. Edison Yu - Deutsche Bank Nikhil Aluru - JPMorgan Chase & Co. Colin Canfield - Cantor Fitzgerald & Co. Simon Flannery - Morgan Stanley Michael Crawford - B. Riley Securities, Inc. Operator My name is Meg, and I will be your conference facilitator this afternoon.
The headline numbers for ViaSat (VSAT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
ViaSat (VSAT) came out with a quarterly loss of $1.23 per share versus the Zacks Consensus Estimate of a loss of $0.91. This compares to loss of $0.99 per share a year ago.
CARLSBAD, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today published its third quarter fiscal year 2025 financial results in a letter to shareholders, which, along with webcast slides, is now posted to the Investor Relations section of Viasat's website.
LONDON, Feb. 06, 2025 (GLOBE NEWSWIRE) -- A.P. Moller - Maersk (Maersk), one of the world's largest containership operators, and Inmarsat Maritime, a Viasat company, have signed an agreement to upgrade Inmarsat satellite communications services across Maersk's global fleet of approximately 340 container ships.
STARLUX Commits To Viasat With Launch Of Enhanced In-Flight Connectivity Service. High-Speed Connectivity Set To Roll Out Across the Carrier's Full Fleet.
VSAT is expected to report flat revenue year over year in the third quarter of fiscal 2025 owing to demand softness in several end markets.
Viasat will provide a low Earth orbit satellite communications capability to support Department of Defense missions Viasat will provide a low Earth orbit satellite communications capability to support Department of Defense missions
CARLSBAD., Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it will release its third quarter fiscal year 2025 financial results on Thursday, February 6, 2025 after the market closes, via a letter to shareholders posted to the Investor Relations section of its website.