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ViaSat Inc.

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ViaSat’s third-quarter fiscal 2016 adjusted earnings beat the Zacks Consensus Estimate by 67%. A substantial and steady growth in government and commercial air, recently launched in-flight Internet services, mobile broadband, consumer ARPU gains and cost reductions aided the growth in the reported quarter. Going forward, the company intends to expand its ViaSat-2 satellites and also launch ViaSat-3 satellites. Taking into account ViaSat’s leading position in end markets and positive industry trends, these developments are expected to supplement its growth momentum. In addition, the company’s latest partnership with Eutelsat Communications, which involves setting up of a new retail consumer entity, holds tremendous potential in the long run. However, strong competition, coupled with a huge rise in research and development expenses, will likely  weigh on the company’s financials in the near term.

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