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Viasat Swings to Fiscal Q4 Loss, Revenue Increases
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Viasat Swings to Fiscal Q4 Loss, Revenue Increases
May 21, 2024 1:56 PM

04:34 PM EDT, 05/21/2024 (MT Newswires) -- Viasat ( VSAT ) reported a fiscal Q4 non-GAAP loss late Tuesday of $0.24 per diluted share, compared with earnings of $0.17 per share a year earlier.

Three analysts polled by Capital IQ expected earnings of $0.41 per share.

Revenue for the quarter was $1.15 billion, up from $666.1 million a year earlier.

Analysts surveyed by Capital IQ expected $1.09 billion.

The stock was down about 12% in extended trading.

Price: 16.55, Change: -2.29, Percent Change: -12.15

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