secwatch.observer — SEC 8-K summary
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Issuer:     VIASAT INC (VSAT)
CIK:        0000797721
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001193125-23-207367
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Viasat Q1 FY24 revenue $780M (+36% YoY), net loss $77M; Inmarsat acquisition adds $134M revenue
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- Adjusted EBITDA $183M (+87% YoY); includes $72M from one month of Inmarsat contributions.
- Inmarsat standalone full quarter revenue ~$400M (+10% YoY), Adjusted EBITDA ~$220M.
- Government Systems revenue $233M (+55% YoY) driven by information assurance products.
- ViaSat-3 Americas (F1) antenna anomaly under investigation; existing customers unaffected, mitigation via Inmarsat fleet and Ka-band partner contracts.
- Combined net leverage ~3.9x; FY24 outlook: high-single-digit revenue growth, Adjusted EBITDA growth expected; free cash flow positive target H2 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797721/000119312523207367/0001193125-23-207367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797721/000119312523207367/d540076d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-207367

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