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Viasat, Inc.

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Viasat reported a narrower-than-expected loss in second quarter of fiscal 2019. The company is eyeing opportunities to extend broadband satellite mobility to rotary wing aircraft as it is a large addressable market that can emerge as a key profit churner. Viasat is ramping up investments in the development of its revolutionary ViaSat-3 broadband communications platform, which will have nearly ten times the bandwidth capacity of ViaSat-2. The stock has outperformed the industry in the past three months on an average. However, Viasat operates in a highly competitive market which includes stalwarts from varied industries. The company’s Satellite Services segment is affected by seasonality of demand due to traditional retail selling periods. It anticipates incurring huge R&D expenses related to the commercial launch of Viasat-3 satellites. In addition, high R&D costs and integration expenses remain perennial problems.

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