secwatch.observer — SEC 8-K summary
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Issuer:     VIASAT INC (VSAT)
CIK:        0000797721
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001193125-24-195897
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Viasat Q1 FY2025 net loss narrows to $33M; raises FY2025 revenue and EBITDA outlook
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- Net loss $33M vs $77M loss YoY; revenue $1.1B (+44%); Combined revenue +6% YoY.
- Adjusted EBITDA $404M (+120% YoY); Combined Adjusted EBITDA +16% YoY.
- Defense & Advanced Tech revenue +37%; Communication Services revenue +48% (Inmarsat).
- Raised FY2025 outlook: flat to slightly up Combined revenue; mid-single-digit Combined Adj EBITDA growth.
- Net leverage ~3.5x; repurchased $152.2M notes post-quarter; positive FCF expected by Q1 FY2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797721/000119312524195897/0001193125-24-195897-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797721/000119312524195897/d859154d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-195897

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