earnings
confidence high
sentiment neutral
materiality 0.75
Viasat Q2 FY2025 revenue $1.1B, net loss $138M, record awards $1.3B; maintains FY outlook
VIASAT INC
2025-Q2 EPS
reported -$1.34
vs consensus -$0.70
▼ miss
(-92.7%)
- Revenue $1.1B (-8% YoY); net loss $138M vs -$767M prior year (prior year included satellite impairment).
- Adjusted EBITDA $375M (-23% YoY); excluding litigation settlement and EBI adjustment, down 2%.
- Record quarterly awards $1.3B (+25% YoY); Defense and Advanced Technologies awards doubled to $510M.
- Hired Gary Chase as CFO; completed refinancing of ~$2B secured notes originally due 2026.
- FY2025 outlook maintained: flat to slightly up revenue growth ex-$95M litigation settlement benefit in FY2024.