earnings
confidence high
sentiment neutral
materiality 0.75
Viasat Q4 revenue up 10% to $666M; Adj. EBITDA up 21% to $124M; ViaSat-3 launched
VIASAT INC
2023-FY EPS reported
$14.29
revenue$2,556,158,000
- Q4 FY23 revenue from continuing ops $666M (+10% YoY); net loss $62M; Adj. EBITDA $124M (+21% YoY).
- FY23 full-year revenue from continuing ops $2.6B (record); Adj. EBITDA $501M (+5% YoY); net loss $218M.
- Link-16 TDL Sale closed for ~$1.9B; net leverage improved to 2.0x from 3.6x.
- ViaSat-3 Americas launched Apr 30; commercial service expected mid-summer 2023; EMEA launch later CY.
- Inmarsat acquisition expected to close by month end; new President K. Guru Gowrappan.