Viasat's Q4 earnings beat estimates, with Satellite Services revenue up 95% YoY and Government Systems revenue up 77% YoY.
Viasat's Q4 earnings beat analysts' estimates with an adjusted loss of 24 cents per share and $1.15 billion in sales. Satellite Services revenue increased 95% YoY and Government Systems revenue rose 77% YoY due to the addition of Inmarsat. Awards for the quarter were $1.1 billion, an increase of 59% YoY. VSAT shares fell after the results were reported.
May 21, 2024
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