VSAT

Looking back on telecommunication services stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Viasat (NASDAQ:VSAT) and its peers. The sector is a tale of two cities. Satellite telecommunication is generally buoyed by rising global demand for connectivity in costly-to-connect and remote areas. On the other hand, terrestrial telecommunication companies face an uphill battle, as they mostly sell into a deflationary market, where the price of moving a bit tends to decrease over time with better technology. Despite the differences in demand drivers, companies across the entire industry must contend competition from larger telecom conglomerates and hyperscalers expanding their own networks as well as newer entrants such as SpaceX's StarLink. The 6 telecommunication services stocks we track reported a softer Q1. As a group, revenues missed analysts’ consensus estimates by 1.2%. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Operating a fleet of 23 satellites that orbit the Earth and beam connectivity from space, Viasat (NASDAQ:VSAT) provides satellite-based communications networks and services for airlines, maritime vessels, governments, businesses, and residential customers worldwide. Viasat reported revenues of $1.17 billion, up 2.1% year on year. This print fell short of analysts’ expectations by 3%. Overall, it was a disappointing quarter for the company with a significant miss of analysts’ revenue and EPS estimates. The market seems disappointed with the results as the stock is down 16% since reporting and currently trades at $72.78. Read our full report on Viasat here, it’s free. Operating a massive network spanning 20,000 miles of fiber optic cable and connecting to over 3,200 buildings worldwide, Cogent Communications (NASDAQ:CCOI) provides high-speed Internet access, private network services, and data center colocation to businesses and bandwidth-intensive organizations across 54 countries. Cogent reported revenues of $239.2 million, down 3.2% year on year, falling short of analysts’ expectations by 0.9%. However, the business still had a strong quarter with a beat of analysts’ EPS estimates. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 25.5% since repor...

Viasat's first quarter results fell short of Wall Street’s revenue and earnings expectations, with the market responding negatively to the update. Management cited headwinds in key segments, most notably a continued decline in fixed residential broadband and slower-than-hoped progress in maritime installations. CEO Mark Dankberg acknowledged the competitive pressures, particularly in aviation services, and pointed to double-digit growth in the Defense & Advanced Technologies (DAT) business as a partial offset. Dankberg also highlighted, “our financial results were largely consistent with our expectations and plans entering the year despite headwinds from the U.S. government shutdown.” Is now the time to buy VSAT? Find out in our full research report (it’s free). Revenue: $1.17 billion vs analyst estimates of $1.21 billion (2.1% year-on-year growth, 3% miss) Adjusted EPS: -$0.02 vs analyst estimates of $0.32 (significant miss) Adjusted EBITDA: $369.9 million vs analyst estimates of $383.3 million (31.6% margin, 3.5% miss) Operating Margin: -0.1%, up from -13.4% in the same quarter last year Market Capitalization: $9.51 billion While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Xin Yu (Deutsche Bank) asked about the value capture and partner roles in the Equatys joint venture. CEO Mark Dankberg explained that Equatys is designed as a shared satellite infrastructure platform to reduce costs for all participants, with Viasat providing technology and seeking additional partners for capital and operational synergies. Brent Penter (Raymond James) inquired about the strategic review of the DAT segment and the possibility of a business split. Dankberg noted that vertical integration offers advantages, and while a potential spinoff remains an option, the current focus is on growing the segment within the company. Sebastiano Petti (JPMorgan) sought clarification on Equatys’ funding mechanisms and the impact of spectrum contributions. Dankberg specified that Viasat will not contribute spectrum directly to Equatys but will utilize its spectrum through the partnership, and financial structuring details will be disclosed after agreeme...

Viasat Incorporated (NASDAQ:VSAT) ranks among the best technology growth stocks to buy under $100. Following Viasat Incorporated (NASDAQ:VSAT)’s fourth-quarter 2026 results and fiscal 2027 outlook, Barclays reaffirmed an Equalweight rating and a price target of $49 for the company’s shares on May 29. Viasat Incorporated (NASDAQ:VSAT) reported revenue of $1.2 billion, which, while 2.4% less than anticipated, was up 2% year-over-year. Similarly, though the Communication Services division showed a 2% decrease in revenue, the Defense and Advanced Technologies segment reported a 12% year-over-year increase. Looking forward to fiscal 2027, Viasat Incorporated (NASDAQ:VSAT) projected mid-single digit revenue growth alongside stable to somewhat higher adjusted EBITDA year-over-year, which is expected to be back-end loaded. The impact of a business sale, estimated at about 2%, is included in the EBITDA. Meanwhile, capex is expected to range between $950 million and $1.0 billion, with free cash flow of around $180 million after discounting Ligado lump-sum payments. The company also stated that maritime revenues are currently projected to normalize by the end of 2027, with the Equatys D2D project set to begin operation in 2029. Viasat Incorporated (NASDAQ:VSAT) is a global broadband and communication service provider that delivers satellite-based broadband services, narrowband communications, secure networking systems, and cybersecurity solutions. While we acknowledge the potential of VSAT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved record new contract awards and backlog despite headwinds from the U.S. government shutdown in the second half of the fiscal year. Generated approximately $180 million in free cash flow, excluding one-time payments, marking five consecutive quarters of positive cash generation. Successfully completed deployments on ViaSat-3 Flight 2 and Flight 3, which are expected to triple bandwidth inventory and introduce adaptive beamforming for improved resilience. Attributed strong aviation performance to the migration of airlines toward 'fast and free' models, which increased take rates and average revenue per aircraft. Acknowledged that while the broadband market is highly competitive, vertical integration across technology and services differentiates Viasat from non-integrated competitors. Reported that fixed residential services and maritime segments faced declines, though maritime is expected to reach an inflection point later in fiscal 2027. Strengthened the capital structure by reducing the net leverage ratio to 3.1x, moving closer to the long-term target of below 3.0x. Anticipate mid-single digit revenue growth for fiscal 2027, driven by mid-teens growth in the Defense & Advanced Technologies (DAT) segment. Expect adjusted EBITDA to be flat to up slightly, factoring in a 2 percentage point headwind from the Navarino divestiture and expiring IP settlements. Project fiscal 2027 capital expenditures between $950 million and $1 billion, with a shift toward success-based and growth CapEx as ViaSat-3 spending declines. Targeting 2029 for the launch of Equatys services, a shared L- and S-band infrastructure entity designed to reduce capital intensity for mobile satellite services. Assume stabilization of the fixed broadband business will occur only after ViaSat-3 enters service, with continued declines expected until that time. Completed the divestiture of Navarino for $203 million in gross proceeds, removing its EBITDA contribution from future results. Appointed two new directors with deep M&A and financial governance experience to a newly formed Strategic Review Committee. Identified increased competition in the aviation sector as a factor that will likely moderate the segment's growth rate in the coming yea...

Viasat, Inc. VSAT reported relatively lackluster fourth-quarter fiscal 2026 results, with both top and bottom lines missing the Zacks Consensus Estimate.The company’s year-over-year revenue growth was driven by higher demand for satellite broadband and communication services, expanding government and defense contracts, and continued investments in advanced satellite and direct-to-device connectivity solutions. However, higher operating costs and ongoing investments in satellite infrastructure hurt its bottom line. Viasat reported a net income of $58.8 million, or 41 cents per share, against a net loss of $246.1 million, or a loss of $1.89 per share, in the prior-year quarter. The growth was primarily due to lower selling, general and administrative expenses and higher other income during the quarter.Excluding non-recurring items, Viasat reported a non-GAAP net loss of $3.2 million, or a loss of 2 cents per share, compared to a net loss of $3 million, or a loss of 2 cents per share, in the prior-year period. The bottom line missed the Zacks Consensus Estimate by 27 cents.For 2026, the company reported a net loss of $34.1 million or a loss of 25 cents per share compared with a net loss of $575 million or a loss of $4.48 per share in 2025. Non-GAAP net income for 2026 was $143.3 million or $1.03 per share compared with $21.1 million or 16 cents per share in 2025. Viasat Inc. price-consensus-eps-surprise-chart | Viasat Inc. Quote Revenues rose to $1.17 billion, up from $1.15 billion. The figure missed the consensus estimate of $1.2 billion. Product revenues were $367.6 million, up from $349.7 million in the year-ago quarter. Net sales from Service increased to $803.7 million from $797.4 million a year ago. For 2026, revenues increased to $4.64 billion from $4.52 billion in 2025.Revenues from the Communication Services segment were $810.3 million, down from $825 million in the prior-year quarter. The segment’s adjusted EBITDA decreased to $287.3 million from $306.2 million.Revenues from the Defense and Advanced Technologies (DAT) segment were $361 million, up 12% year over year. The growth is primarily driven by strong demand for encryption devices, next-generation cybersecurity and defense programs, and large antenna production for space-based Earth Observation and intelligence, Surveillance, and Reconnaissance missions. Adjusted EBITDA increased to $82.5 millio...

Image source: The Motley Fool. Thursday, May 28, 2026 at 5:30 p.m. ET Chairman and Chief Executive Officer — Mark D. Dankberg Chief Financial Officer — Garrett L. Chase Chief Enterprise and Strategy Officer — Lisa Curran Mark D. Dankberg: Good afternoon, and thanks for joining us today. I am Mark Dankberg, CEO and Chairman of ISAT. With me, along with Lisa, we have Gary Chase, our Chief Financial Officer As always, we encourage reading the shareholder letter and referencing the slides we posted on our website earlier this afternoon for more details. I will start with 3 areas upfront. Then Gary will review our fiscal year 2026 and fourth quarter results and a preliminary outlook for fiscal year 2027. Then we will take questions. I will cover an update on our strategic perspective, including the cooperation agreement with Carronade Capital Management and updates on ViaSat-3 flights 2 and 3. Our top level financial year 2026 results and our near term objectives and operational and strategic initiatives. First, I would like to welcome Shekhar Ayer, and Jenny Yoon to our Board of Directors. Shekhar is a seasoned technology executive. With deep operating experience at scale across enterprise software, cloud, networking, and communications infrastructure. Significant public company experience, business strategy, and M&A. His board experience includes seeing Altair through its $10+ billion sale to Siemens. Ginny brings strong financial governance and capital allocation experience to the board. Advising on and structuring billions of dollars in public debt issuances and working extensively with executive teams on strategic transactions and risk management including as a member of Innosat's board through the completion of its sale to SES. Both Shekhar and Jenny have been appointed to our board's strategic review committee. Earlier this month, we also announced an agreement with Carronade, We have appreciated the constructive dialogue with Carenade over the past year and are pleased with this agreement. Which we believe is in the best interest of ViaSat and its shareholders. On the ViaSat-3 front, subsequent to quarter end, we successfully completed all deployments on flight 2, including the reflectors and boom. Service entry is pending authorization from the FCC. Also subsequent to quarter end, ViaSat-3 flight 3 launched successfully on April 29. Since then, radiator...

This article first appeared on GuruFocus. Revenue: $1.2 billion for Q4, approximately 2% increase year-over-year. Net Income: $59 million, an improvement of $305 million due to a gain from the sale of equity investment and lower expenses. Adjusted EBITDA: $370 million, down 1% due to incremental R&D and government shutdown impact. Free Cash Flow: $24 million positive in Q4, despite high capital expenditures. Capital Expenditures: $298 million, up 20% for system completion. Backlog: Record $4.1 billion, up 15% year-over-year. Debt Reduction: Net debt to adjusted EBITDA ratio improved to 3.1 times. Communication Services Revenue: $810 million, down 2% with growth in aviation and government SATCOM offset by declines in residential fixed broadband. Aviation Revenue: Grew 11%, with 4,450 commercial aircraft in service, a 10% increase year-over-year. Defense and Advanced Technologies Revenue: $361 million, up 12%, driven by growth in Infosec, Cyber, and space systems. Fiscal Year '26 Revenue: $4.6 billion, with a GAAP net loss of $34 million and adjusted EBITDA of $1.55 billion. Fiscal Year '27 Outlook: Revenue growth expected in mid-single digits, with adjusted EBITDA flat to slightly up. Warning! GuruFocus has detected 7 Warning Signs with VSAT. Is VSAT fairly valued? Test your thesis with our free DCF calculator. Release Date: May 28, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Viasat Inc (NASDAQ:VSAT) reported record new contract awards and backlog, with a 15% increase in backlog to approximately $4.1 billion. The company generated nearly $600 million in free cash flow, with positive free cash flow in each of the last five quarters. Viasat Inc (NASDAQ:VSAT) successfully launched and deployed key components of its Viasat-3 satellites, enhancing its fleet expansion and bandwidth capabilities. The company achieved double-digit revenue growth in its Defense and Advanced Technologies (DAT) segment, driven by strong performance in Infosec, Cyber Defense, and space and mission systems. Viasat Inc (NASDAQ:VSAT) made substantial progress in reducing its leverage, bringing its net leverage ratio down to 3.1 times, with a target of below 3.0. Viasat Inc (NASDAQ:VSAT) faced a decline in fixed residential services and maritime revenue, impacting overall growth. The company experienced a 2% decline in communicati...

Interested in Viasat Inc.? Here are five stocks we like better. Viasat posted fiscal 2026 revenue of $4.6 billion, positive free cash flow of $597 million, and record backlog/new contract awards, while noting results were broadly in line with expectations despite government shutdown headwinds. The company’s fourth quarter showed strength in aviation, government SATCOM and defense technology: awards rose 9% to about $1.3 billion, backlog climbed 15% to roughly $4.1 billion, and DAT revenue increased 12% year over year. Looking ahead, Viasat expects mid-single-digit revenue growth in fiscal 2027, supported by ViaSat-3 launches and the Equitas shared infrastructure venture, while maintaining similar free cash flow levels excluding the Ligado payment. 3 Satellite Stocks To Check Out Before SpaceX's IPO Viasat (NASDAQ:VSAT) reported record backlog, modest revenue growth and positive free cash flow for fiscal 2026, while executives said the satellite communications company is positioning for growth from new satellite capacity, defense technology programs and a planned shared space infrastructure venture. On the company’s fourth-quarter earnings call, Chairman and CEO Mark Dankberg said fiscal 2026 results were “largely consistent” with Viasat’s expectations despite headwinds from a U.S. government shutdown in the second half of the fiscal year. He highlighted record new contract awards and backlog, record revenue and adjusted EBITDA, and “nearly $600 million in free cash flow,” including a lump-sum Ligado payment. → Rocket Lab Keeps Making Headlines and Highs—Here's What's Driving the Latest Move Small-Cap Standouts: These 3 Stocks Rose Over 300% in 2025 Chief Financial Officer Gary Chase said Viasat generated fiscal 2026 revenue of $4.6 billion, a GAAP net loss of $34 million and adjusted EBITDA of $1.55 billion. Cash flow from operations was $1.6 billion, or $1.2 billion excluding the Ligado payment, while capital expenditures were just under $1 billion. Free cash flow was $597 million, or $177 million excluding the Ligado payment. “From a cash flow point of view, our teams delivered in a big way,” Chase said, adding that Viasat produced positive free cash flow in each of the last five quarters. → Quantum Stocks Just Got a Lifeline—Who Benefits Most? Viasat: Why a Wall of Cash Has Shorts Running for Cover For the fiscal fourth quarter, Chase said awards were abo...

ViaSat (VSAT) reported fiscal Q4 adjusted loss late Thursday of $0.02 per diluted share, unchanged f

CARLSBAD, Calif., May 28, 2026 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today published its fourth quarter and fiscal year 2026 financial results. A letter to shareholders and accompanying webcast slides are available on the Investor Relations section of the company's website. Conference Call DetailsAs previously announced, Management will host a conference call to discuss the results today, Thursday, May 28, 2026 at 2:30 p.m. PT (5:30 p.m. ET). Access Information: Dial-in: (800) 715-9871 (U.S./Canada toll-free) or (646) 307-1963 (international) Conference ID: 2206055 Live webcast: Available on Viasat's Investor Relations website. A replay of the call will be archived on the Investor Relations site. About Viasat Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are—on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow us on LinkedIn, X, Instagram, Facebook, Bluesky, Threads, and YouTube. Copyright © 2026 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered trademarks in the U.S. and in other countries of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners. Viasat, Inc. ContactsScott Goryl/Daniel Bleier, Corporate Communications, [email protected] Lisa Curran/Peter Lopez, Investor Relations, [email protected]

ViaSat (VSAT) reported $1.17 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 2.1%. EPS of -$0.02 for the same period compares to -$0.02 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.2 billion, representing a surprise of -2.31%. The company delivered an EPS surprise of -107.9%, with the consensus EPS estimate being $0.25. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how ViaSat performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Product revenues: $367.56 million versus $378.15 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +5.1% change. Revenue- Service revenues: $803.73 million versus $819.19 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +0.8% change. Revenue- Communication Services: $810.28 million compared to the $816.22 million average estimate based on three analysts. The reported number represents a change of -1.8% year over year. Revenue- Defense and Advanced Technologies: $361.01 million versus the three-analyst average estimate of $392.14 million. The reported number represents a year-over-year change of +12.1%. Revenue- Communication services- Maritime services: $112.72 million versus $112.07 million estimated by two analysts on average. Revenue- Communication services- Fixed services and other services: $132.7 million versus the two-analyst average estimate of $141.27 million. Revenue- Communication services- Total services: $744.63 million versus the two-analyst average estimate of $757.23 million. Revenue- Communication services- Total products: $65.65 million versus the two-analyst average estimate of $62.75 million. Revenue- Defense and advanced technologies- Total services: $59.09 million versus the two-analyst average estimate of $58.5...

Thursday evening, Viasat reported fiscal fourth-quarter Ebitda of $370 million from sales of $1.2 billion. Wall Street was looking for a $383 million and $1.2 billion, respectively, according to FactSet