secwatch.observer — SEC 8-K summary
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Issuer:     VIASAT INC (VSAT)
CIK:        0000797721
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001193125-25-021810
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Viasat Q3 FY25 revenue $1.1B flat YoY, net loss $158M; Adj. EBITDA $393M +3%, reaffirms FY25 guidance
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- Revenue $1.1B flat YoY; net loss $158M increased from $124M in Q3 FY24, primarily on debt extinguishment loss.
- Adjusted EBITDA $393M, +3% YoY; Communication Services revenue -6% YoY, Defense & Advanced Tech revenue +20% YoY with 49% award growth.
- Aviation IFC aircraft in service +13% YoY, biz jets +18%; backlog +22%. VS-3 F2 service late CY2025, F3 shifted to CY2026.
- FY2025 revenue and EBITDA guidance reaffirmed; FY2026 expects positive FCF in H2 with capex ~$1.3B.
- Net debt $5.66B, operating cash flow $219M; liquidity $2.7B including $1.56B cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797721/000119312525021810/0001193125-25-021810-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797721/000119312525021810/d919416d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-021810

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