We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Viasat to Provide Premium Connectivity on Gulfstream's Jets
Read MoreHide Full Article
Viasat, Inc. (VSAT - Free Report) stated that its business aviation in-flight connectivity (IFC) system secured the Supplemental Type Certificate (STC) from the Federal Aviation Administration through Gulfstream Aerospace. This certifies the use of Viasat’s Ka-band IFC system on the Gulfstream G650 and Gulfstream G650ER business jets.
The Carlsbad, CA-based company’s Ka-band solutions enable business jet customers to have high-speed Internet connectivity. In recent Ka-band speed tests, customers have seen more than 40 Mbps across the new service plans that enhanced in-flight connectivity experience.
As a result, passengers and crew flying on Gulfstream’s G650 and G650ER will get a premium cabin Internet experience. Viasat recently removed Internet speed limits delivered to the aircraft across all of its business aviation Ka-band service plans. Gulfstream large-cabin G650 and G650ER business jet customers can deploy either the Viasat Ka-band, Ku-band, or the Dual-band IFC systems.
Gulfstream G650 and G650ER operators will now be able to take advantage of Viasat’s Ka-band system performance along with the reach of its global Ku-band network. This will enable travelers to experience high-speed Internet connections for streaming content and accessing business and entertainment applications.
Viasat holds a leading position in the satellite and wireless communications market. The STC is for the company’s Global Aero Terminal 5510, which taps into the ViaSat-1, ViaSat-2 and European Ka-band satellite platform. Viasat continues to make progress on its ViaSat-3 global constellation amid the productivity challenges posed by COVID-19.
Viasat’s shares have plunged 48.6% in the past year against 28% growth of the industry.
The company has a long-term earnings growth expectation of 20.5% compared with the industry’s 15.2%. It has a trailing four-quarter earnings surprise of 361.3%, on average.
Turtle Beach has a trailing four-quarter earnings surprise of 41%, on average.
Vocera has a trailing four-quarter earnings surprise of 70%, on average. The company’s earnings beat the Zacks Consensus Estimate in three of the last four quarters.
Acacia has a trailing four-quarter earnings surprise of 17%, on average. The company’s earnings topped the consensus estimate in three of the last four quarters.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
Image: Bigstock
Viasat to Provide Premium Connectivity on Gulfstream's Jets
Viasat, Inc. (VSAT - Free Report) stated that its business aviation in-flight connectivity (IFC) system secured the Supplemental Type Certificate (STC) from the Federal Aviation Administration through Gulfstream Aerospace. This certifies the use of Viasat’s Ka-band IFC system on the Gulfstream G650 and Gulfstream G650ER business jets.
The Carlsbad, CA-based company’s Ka-band solutions enable business jet customers to have high-speed Internet connectivity. In recent Ka-band speed tests, customers have seen more than 40 Mbps across the new service plans that enhanced in-flight connectivity experience.
As a result, passengers and crew flying on Gulfstream’s G650 and G650ER will get a premium cabin Internet experience. Viasat recently removed Internet speed limits delivered to the aircraft across all of its business aviation Ka-band service plans. Gulfstream large-cabin G650 and G650ER business jet customers can deploy either the Viasat Ka-band, Ku-band, or the Dual-band IFC systems.
Gulfstream G650 and G650ER operators will now be able to take advantage of Viasat’s Ka-band system performance along with the reach of its global Ku-band network. This will enable travelers to experience high-speed Internet connections for streaming content and accessing business and entertainment applications.
Viasat holds a leading position in the satellite and wireless communications market. The STC is for the company’s Global Aero Terminal 5510, which taps into the ViaSat-1, ViaSat-2 and European Ka-band satellite platform. Viasat continues to make progress on its ViaSat-3 global constellation amid the productivity challenges posed by COVID-19.
Viasat’s shares have plunged 48.6% in the past year against 28% growth of the industry.
The company has a long-term earnings growth expectation of 20.5% compared with the industry’s 15.2%. It has a trailing four-quarter earnings surprise of 361.3%, on average.
Currently, Viasat has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader industry are Turtle Beach Corporation (HEAR - Free Report) , Vocera Communications, Inc. and Acacia Communications, Inc. , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Turtle Beach has a trailing four-quarter earnings surprise of 41%, on average.
Vocera has a trailing four-quarter earnings surprise of 70%, on average. The company’s earnings beat the Zacks Consensus Estimate in three of the last four quarters.
Acacia has a trailing four-quarter earnings surprise of 17%, on average. The company’s earnings topped the consensus estimate in three of the last four quarters.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>