Viasat adopts two-segment structure; FY2024 adjusted EBITDA $1.41B on $4.28B revenue

VIASAT INC

New segments: Communication Services and Defense & Advanced Technologies; replaces prior reporting.
FY2024 revenue $4.28B (up from $2.56B in FY2023, largely due to Inmarsat acquisition).
FY2024 segment operating loss $662.6M includes $905.5M satellite impairment and related charges.
FY2024 Communication Services adjusted EBITDA $1.14B; Defense & Advanced Technologies $272M.
Supplemental pro forma combined FY2024 revenue $4.47B; adjusted EBITDA $1.49B ex-litigation settlement.

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