secwatch.observer — SEC 8-K summary
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Issuer:     VIASAT INC (VSAT)
CIK:        0000797721
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001193125-24-025304
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Viasat Q3 FY2024 revenue $1.1B; net loss $124M, Adj. EBITDA $383M; synergy target raised
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- Revenue $1.1B (+73% YoY as reported; +8% on combined basis); Adj. EBITDA $383M (+214% as reported, +11% combined).
- Net loss $124M vs $47M loss in prior year; driven by higher interest expense from Inmarsat debt and integration charges.
- Inmarsat standalone Q3 revenue $443M (+12% YoY), Adj. EBITDA $260M (+17% YoY).
- Raised synergy target to ~$100M annual cash savings by FY2025 (from $80M); free cash flow inflection expected H1 CY2025.
- ViaSat-3 F1 enters commercial service Q1 FY2025; F2 launch with corrected antenna early CY2025; F3 launch late CY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797721/000119312524025304/0001193125-24-025304-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797721/000119312524025304/d707975d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-025304

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