8/102 sources · 2 publishersUpdated Nov 6, 00:36 UTC
ViaSat posts fiscal Q2 loss and misses revenue expectations
ViaSat reported a fiscal second-quarter net loss of $128.7 million, equivalent to 93 cents per share. Excluding adjustments, the loss was 32 cents per share, while revenue of $1.18 billion came in below the $1.2 billion forecast.
Why it matters
The results indicate weaker-than-expected quarterly profitability and sales, creating a negative earnings read-through for ViaSat investors.
Key facts
- 1ViaSat's fiscal Q2 net loss totaled $128.7 million, or 93 cents per share. finance.yahoo.com
- 2The company reported an adjusted loss of 32 cents per share. finance.yahoo.com
- 3Revenue reached $1.18 billion, versus a $1.2 billion forecast. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.