{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-273512","form_type":"8-K","ticker":"VSAT","cik":"0000797721","company_name":"VIASAT INC","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.026619+00:00","generated_at":"2026-06-08T12:07:51.770100+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Viasat Q2 FY24 rev $1.2B (+85% YoY), net loss $767M on $900M satellite impairment; guides FY24 rev $4.1-4.25B","bullets":["Net loss $767M, driven by $900M net impairment charge on ViaSat-3 F1, Inmarsat-6 F2, and ViaSat-4 write-downs.","Adjusted EBITDA $486M (+210% YoY); revenue $1.2B (+85% YoY) including full quarter of Inmarsat ($427M).","Announced workforce reduction of 800; expects $100M annualized cash savings by early FY2025.","FY2024 guidance: revenue $4.1-4.25B; Adj. EBITDA $1.25-1.30B (excl. litigation benefit); capex to drop in FY2025.","Net leverage 3.7x; liquidity $3.3B; free cash flow inflection point target restored to H1 CY2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-273512","json":"https://secwatch.observer/filing/0001193125-23-273512.json","markdown":"https://secwatch.observer/filing/0001193125-23-273512.md","text":"https://secwatch.observer/filing/0001193125-23-273512.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/797721/000119312523273512/0001193125-23-273512-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/797721/000119312523273512/d930392d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T12:07:51.770100+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ba2354588978b0ca3e14e5d98aa45c6d25c7d181","claim":"VIASAT INC reported the second quarter of fiscal year 2024 results: revenue $1.2 billion, net income $767 million. Guidance reaffirmed.","evidence_excerpt":"For Q2 FY2024, we earned revenue of $1.2 billion, an 85% YoY increase compared to revenue from continuing operations of $664 million in the prior year quarter. Net loss for the quarter was $767 million, compared to a $70 million loss from continuing operations in the prior year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/797721/000119312523273512/0001193125-23-273512-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of fiscal year 2024"},{"label":"Revenue","value":"$1.2 billion"},{"label":"Net income","value":"$767 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}