Introduction: Viasat, Inc. (NASDAQ: VSAT), a leading satellite communications company, recently reported its fourth-quarter earnings, which fell short of expect


Viasat Misses Fourth Quarter Earnings Expectations, Shares Plummet 11%


blog post cover photo

Image credit: Mathieu Stern

Introduction: Viasat, Inc. (NASDAQ: VSAT), a leading satellite communications company, recently reported its fourth-quarter earnings, which fell short of expectations, leading to a sharp decline in its share price by 11%.

Key Points:

  1. Earnings Miss:

    • Viasat posted an adjusted EPS of -$0.24 for the fourth quarter, significantly below the analyst consensus of $0.47.
    • The substantial earnings shortfall was unexpected and contributed to the market's negative reaction, resulting in an 11% decline in Viasat's share price.
  2. Revenue Performance:

    • Despite the earnings miss, Viasat's revenue for the quarter stood at $1.15 billion, surpassing the consensus estimate of $1.1 billion.
    • The revenue figure reflects robust demand for Viasat's satellite services, indicating continued growth in the satellite communications sector.
  3. Guidance for Fiscal Year 2025:

    • Viasat anticipates adjusted EBITDA growth in the low to mid-single digits for fiscal year 2025.
    • However, the company expects satellite services revenue to decline by a low to mid-single-digit percentage, signaling a cautious outlook for the upcoming fiscal year.
  4. Strategic Initiatives and Inmarsat Acquisition:

    • Viasat's management emphasized the completion of the Inmarsat acquisition as a key step toward building a sustainable future in space communications.
    • Despite the challenges faced in the fourth quarter, the company remains focused on its long-term strategy and believes that the integration of Inmarsat's resources will enhance its ability to deliver high-quality, reliable, and secure communications globally.

Conclusion: Viasat's fourth-quarter earnings miss and cautious guidance for fiscal year 2025 have prompted a negative market reaction, leading to an 11% decline in its share price. However, the company's strong revenue performance underscores continued demand for its satellite services. With strategic initiatives in place and the completion of the Inmarsat acquisition, Viasat remains committed to its long-term growth strategy in the space communications sector.

Stay informed about the latest developments in the semiconductor industry and track the performance of key players using Financial Modeling Prep' Endpoints. Access comprehensive financial data and analysis to make informed investment decisions in the rapidly evolving technology sector.

Other Blogs

Nov 25, 2023 6:39 AM - Parth Sanghvi

DCF Valuation vs. Comparable Companies Analysis: Choosing the Right Valuation Method

Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...

blog post title

Dec 23, 2023 2:19 AM - Parth Sanghvi

Understanding the Limitations of DCF Analysis: A Guide to Overcoming Challenges

Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...

blog post title

Dec 25, 2023 2:28 AM - Parth Sanghvi

Integrating Sustainability into Valuations: Navigating ESG Factors within the Discounted Cash Flow (DCF) Model

Introduction: The investment landscape is undergoing a profound shift with a heightened emphasis on sustainability and responsible investing. In this blog post, we explore the intersection of Environmental, Social, and Governance (ESG) considerations within the Discounted Cash Flow (DCF) model, h...

blog post title


Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
2017-2024 © Financial Modeling Prep