earnings
confidence high
sentiment neutral
materiality 0.75
Viasat Q4 revenue $1.2B (+73% YoY); FY net loss $1.058B; Adj. EBITDA $358M; guides to FCF positive by Q1 FY2026
VIASAT INC
2024-FY EPS reported
-$9.12
revenue$4,283,758,000
- Q4 FY2024 revenue $1.15B (+73% YoY); net loss $90M vs $62M loss a year ago, driven by higher interest expense.
- FY2024 net loss from continuing ops $1.058B, including ~$905M write-down on VS3-F1, Inmarsat-6 F2 and VS4.
- FY2024 Adjusted EBITDA $1.4B (+181% YoY); Combined revenue ex-litigation catch-up grew 9%, Combined Adj. EBITDA grew 6%.
- Commercial in-service for VS3-F1 expected Q1 FY2025; VS3-F2 by late CY2025; VS3-F3 mid-to-late CY2025.
- Received ~65% of anticipated $770M insurance claims; net leverage 3.6x; available liquidity $3.0B.