ViaSat: Fiscal Q4 Earnings Snapshot
By Ap News
Published - May 21, 2024, 04:33 PM ET
Last Updated - May 27, 2024, 12:28 AM EDT
CARLSBAD, Calif. (AP) — CARLSBAD, Calif. (AP) — ViaSat Inc. (VSAT) on Tuesday reported a loss of $100.3 million in its fiscal fourth quarter.
The Carlsbad, California-based company said it had a loss of 80 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 60 cents per share.
The provider of satellite and wireless networking technology posted revenue of $1.15 billion in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $1.11 billion.
