Viasat, Inc. (NASDAQ:VSAT ) Q3 2025 Earnings Conference Call February 6, 2025 5:30 PM ET Company Participants Lisa Curran - Vice President of Investor Relations Mark Dankberg - Chairman and Chief Executive Officer Gary Chase - Chief Financial Officer Shawn Duffy - Chief Accounting Officer Conference Call Participants Ric Prentiss - Raymond James & Associates, Inc. Edison Yu - Deutsche Bank Nikhil Aluru - JPMorgan Chase & Co. Colin Canfield - Cantor Fitzgerald & Co. Simon Flannery - Morgan Stanley Michael Crawford - B. Riley Securities, Inc. Operator My name is Meg, and I will be your conference facilitator this afternoon.
The headline numbers for ViaSat (VSAT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
ViaSat (VSAT) came out with a quarterly loss of $1.23 per share versus the Zacks Consensus Estimate of a loss of $0.91. This compares to loss of $0.99 per share a year ago.
VSAT is expected to report flat revenue year over year in the third quarter of fiscal 2025 owing to demand softness in several end markets.
Viasat secured a $4.8 billion NASA contract, boosting its stock despite a 56% decline since August 2024. Space stocks surged on Jan. 22, 2025, further lifting VSAT stock, which had formed a bullish "double bottom" at $7.50. Despite a "Strong Sell" rating from Seeking Alpha Quant, Viasat trades at a valuation discount and shows growth in aviation and government satcom services.
Over the past few trading days, Viasat (VSAT -0.48%) stock ascended like a gravity-defying spacecraft. Shares of the satellite communications specialist ballooned in price, rising by 29% this week, according to data compiled by S&P Global Market Intelligence.
VSAT secures NSN Services contract to support NASA's direct-to-Earth communication needs.
VSAT completes the divestiture of its Energy Services System Integration business to MAG Capital Partners to focus on core business growth.
Viasat successfully demonstrates direct-to-device satellite connectivity in the UAE.
VSAT secures a five-year contract from the U.S. GSA with a total ceiling value of $568 million, aiming to advance the communication capabilities of the warfighters.
ViaSat (VSAT) reported earnings 30 days ago. What's next for the stock?
AUKUS, the coalition of the United States, Australia, and the U.K., utilized Viasat's tactical networking solution to support maritime autonomous systems during trilateral exercises.