Viasat (VSAT) Misses Q1 EPS by 6c
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ViaSat Announces First Quarter Fiscal Year 2016 Results
August 6, 2015 4:07 PM EDTCARLSBAD, Calif., Aug. 6, 2015 /PRNewswire/ --Â ViaSat Inc. (NASDAQ: VSAT), a global broadband services and technology company, today announced financial results for the fiscal first quarter ended June 30, 2015.
"We're off to a good start in fiscal year 2016 as our focus on attractive bandwidth economics delivers results in multiple applications," said Mark Dankberg, ViaSat chairman and CEO. "This quarter, for the first time, service revenues represented over half of sales. Residential broadband leads the way, with good opportunities for sustained growth in revenues, Adjusted EBITDA and margins. With almost 1,000 aircraft in service spanning... More
