ViaSat Announces Record Fourth Quarter and Fiscal Year 2016 Results

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ViaSat (VSAT) Misses Q4 EPS by 8c, Sales Beat

May 24, 2016 4:06 PM EDT

ViaSat (NASDAQ: VSAT) reported Q4 EPS of $0.29, $0.08 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $372 million versus the consensus estimate of $370.17 million.

"Fiscal 2016 was a milestone year for ViaSat both financially and strategically. Our results highlight three important themes around current performance momentum, the potential of our next-generation satellite technology and a favorable business outlook," said Mark Dankberg,... More