ViaSat (NASDAQ: VSAT) reported Q3 EPS of $0.39, $0.40 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $588.2 million versus the consensus estimate of $582.39 million.

"We achieved another quarter of solid revenue growth and margin improvement in our Q3 of fiscal year 2020," said Mark Dankberg, Viasat chairman and CEO. "We're building on a differentiated foundation of business fundamentals in our government systems and satellite services segments. New contract awards and backlog signal continued momentum, and build confidence in a strong finish to our fiscal year 2020 and on into fiscal year 2021. We believe our unique vertical technology and service delivery integration creates compelling long-term opportunities for global expansion. Growth drivers for our government business are in the early innings and are substantially enhanced by global coverage. Our diverse portfolio of fixed and mobile broadband satellite services gives us the flexibility and resilience to thrive in the distinct market environments of each region of the world. We see enormous demand for bandwidth. We\'re confident in our strategic approach and are focused on executing the opportunities before us, and delivering the ViaSat-3 constellation into service."

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