Viasat cuts fiscal outlook as Q2 EBITDA falls and unveils incentive plan
Viasat reported fiscal Q2 2027 revenue of $1.2B, up 3% year over year, while adjusted EBITDA fell 4% to $370M. Defense revenue grew 20%, but communications declines weighed on results, and Viasat lowered its full-year outlook. The board also introduced compensation milestones tied to stock prices of $150-$300 per share as the company reviews the value of its assets and spectrum.
Why it matters
The outlook reduction and communications weakness lower the company’s near-term financial expectations, while the new plan links executive compensation to substantial stock-price milestones. William Blair analyst Louie DiPalma interpreted the plan as indicating that the board believes Viasat’s equity should be worth at least $150 per share based on recent spectrum transactions.
Key facts
- 1Fiscal Q2 2027 revenue was $1.2B, representing 3% year-over-year growth. satellitetoday.com
- 2Adjusted EBITDA declined 4% year over year to $370M. satellitetoday.com
- 3Defense revenue increased 20% year over year. telecompaper.com
- 4The board’s compensation plan uses stock-price milestones of $150-$300 per share. satellitetoday.com
- 5Viasat lowered its full-year outlook after the earnings decline. telecompaper.com
Open questions
- The reported net loss differs between the materials: $29M in material 1 and $129M in material 2.
- The materials do not state the revised full-year outlook figures.
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.