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ViaSat (VSAT) reported earnings 30 days ago. What's next for the stock?
A second Viasat communications satellite is malfunctioning in orbit, this time from the fleet of recently acquired U.K.-based Inmarsat.
Malaysia Airlines will use Viasat's (VSAT) Ka-band IFE solutions in its new Boeing 737-8 fleet.
ViaSat (VSAT) came out with a quarterly loss of $0.83 per share versus the Zacks Consensus Estimate of $0.22. This compares to loss of $0.29 per share a year ago.
Viasat reportedly quarterly results on Wednesday as the company continues to investigate its recent satellite malfunction.
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Last month, digital satellite telecommunications pioneer Viasat, Inc. NASDAQ: VSAT was on top of the world. The company had just wrapped up a $7.3 billion acquisition of U.K. rival Inmarsat to strengthen its position in the global satellite broadband market.
Viasat Inc.'s stock plunged more than 28% Thursday after the communications company disclosed a problem that could affect one of its satellites.