secwatch.observer — SEC 8-K summary
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Issuer:     VIASAT INC (VSAT)
CIK:        0000797721
Form:       8-K/A
Filed at:   2023-06-05T23:59:59+00:00
Accession:  0001193125-23-160753
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 9.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Viasat files Inmarsat FY2022 audited financials; revenue $1.47B, net income $48M
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- Inmarsat 2022 revenue $1,474.1M (up 9% YoY from $1,352.4M); operating profit $251.3M (up from $104.2M).
- Net profit $48.4M vs. net loss of $176.5M in 2021; turned profitable on improved revenue and lower impairment.
- Total assets $6,902M, net assets $878.5M; cash & equivalents $234.2M; borrowings $3,648.3M as of Dec 31, 2022.
- Viasat paid $550.7M cash + 46.36M shares for Inmarsat, closed May 30, 2023; pro forma financials included.
- Deloitte LLP issued unqualified audit opinion on Inmarsat's 2022 consolidated financial statements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797721/000119312523160753/0001193125-23-160753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797721/000119312523160753/d177888d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-160753

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