Viasat Releases First Quarter Fiscal Year 2025 Financial Results

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Viasat shares jump 15% as company hikes fiscal 2025 revenue guidance

August 8, 2024 7:06 AM EDT

Viasat (NASDAQ: VSAT) saw its shares soar 15% in Thursdays premarket trade after the company upped its fiscal year 2025 revenue forecast, driven by strong demand for its satellite connectivity solutions in the aviation and defense sectors.

The company now anticipates flat-to-slightly-up year-on-year revenue growth for... More