ViaSat (VSAT) Collaborates with Intercorp Peru For Affordable Internet Services Throughout Latin America and the Caribbean

ViaSat (VSAT) PT Raised to $70 at Needham & Company Following Inmarsat Deal

November 9, 2021 6:39 AM EST

Needham & Company analyst Ryan Koontz raised the price target on ViaSat (NASDAQ: VSAT) to $70.00 (from $60.00) while maintaining a Buy rating.

The analyst commented, "VSAT reported strong F2Q22 results and announced they have entered into a definitive agreement to acquire privately held... More

UPDATE: Raymond James Downgrades ViaSat (VSAT) to Outperform

November 9, 2021 5:04 AM EST

(Updated - November 9, 2021 5:06 AM EST)

Raymond James analyst Richard Prentiss downgraded ViaSat (NASDAQ: VSAT) from Strong Buy to Outperform with a price target of $62.00 (from $70.00).

The analyst comments "We are downgrading Viasat from Strong Buy to Outperform rating and lowering target price from $70 to $62... More

Viasat buys Britain's Inmarsat in $7.3 billion satellite play

November 8, 2021 1:47 PM EST

By Pushkala Aripaka

(Reuters) -Viasat agreed to buy British rival Inmarsat on Monday in a $7.3 billion deal to broaden the U.S. based company's satellite and land-based communications services.

The takeover of London-based Inmarsat comes just two years after it was taken private in a $3.4 billion deal by a consortium of British-based Apax partners, U.S.-based Warburg Pincus and two Canadian pension funds.

While Viasat offers connectivity and communications services to residential, aviation and defence customers in North America, Inmarsat is a provider of satellite-based communications services... More

ViaSat (VSAT) Tops Q2 EPS by 27c

November 8, 2021 7:20 AM EST

ViaSat (NASDAQ: VSAT) reported Q2 EPS of $0.34, $0.27 better than the analyst estimate of $0.07. Revenue for the quarter came in at $701.4 million versus the consensus estimate of $681.25 million.

For earnings history and earnings-related data on ViaSat (VSAT) click here.

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