Why Is ViaSat (VSAT) Down 7.8% Since Last Earnings Report?

Zacks2024-12-07

It has been about a month since the last earnings report for ViaSat (VSAT). Shares have lost about 7.8% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading...

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Shares have lost about 7.8% in that time frame, underperforming the S&P 500.\nWill the recent negative trend continue leading...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-viasat-vsat-down-7-163128752.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is ViaSat (VSAT) Down 7.8% Since Last Earnings Report?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is ViaSat (VSAT) Down 7.8% Since Last Earnings Report?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-07 00:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-viasat-vsat-down-7-163128752.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It has been about a month since the last earnings report for ViaSat (VSAT). Shares have lost about 7.8% in that time frame, underperforming the S&P 500.\nWill the recent negative trend continue leading...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-viasat-vsat-down-7-163128752.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VSAT","symbol_name":"卫讯公司","start_time":0,"source_url":"https://finance.yahoo.com/news/why-viasat-vsat-down-7-163128752.html","article_id":"2489517712","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ZVGBNd2_.kAicju5mLde7g--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/71afbbc0512eb3c471136d93f39079c9"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489517712","pubTimestamp":1733502688,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"It has been about a month since the last earnings report for ViaSat . Shares have lost about 7.8% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is ViaSat due for a breakout?Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.Viasat's Q2 Loss Wider Than Expected, Revenues Decline Y/Y. Viasat reported mixed second-quarter fiscal 2025 results, with the top line surpassing the Zacks Consensus Estimate but the bottom line missing the same. The company’s top line marginally declined, owing to weakness in space and mission systems, maritime and advanced technologies and other verticals. Growth in aviation and government satcom verticals supported the top line during the quarter.During the second quarter of fiscal 2025, Viasat generated an operating cash flow of $239 millio","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"VSAT":"卫讯公司"},"translate_title":"为什么ViaSat(VSAT)自上次收益报告以来下跌了7.8%？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VSAT":1},"content_text":"It has been about a month since the last earnings report for ViaSat (VSAT). Shares have lost about 7.8% in that time frame, underperforming the S&P 500.\nWill the recent negative trend continue leading up to its next earnings release, or is ViaSat due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. \nViasat's Q2 Loss Wider Than Expected, Revenues Decline Y/Y\nViasat reported mixed second-quarter fiscal 2025 results, with the top line surpassing the Zacks Consensus Estimate but the bottom line missing the same. The company’s top line marginally declined, owing to weakness in space and mission systems, maritime and advanced technologies and other verticals. Growth in aviation and government satcom verticals supported the top line during the quarter.\nVSAT’s Net Income\nThe company incurred a net loss of $137.6 million or $1.07 per share compared with a net loss of $767.2 million or $6.16 per share in the year-ago quarter. Lower selling, general and administrative costs led to a narrower loss during the quarter. However, the bottom line was wider than the Zacks Consensus Estimate of a loss of 56 cents.Excluding non-recurring items, Viasat reported a non-GAAP net loss of $29.4 million or 23 cents per share against a net income of $149.7 million or $1.19 per share in the year-ago period.\nRevenues of Viasat\nRevenues fell 8% to $1.12 billion, owing to declining trends in the Defense and Advanced Technologies segment. However, the top line surpassed the consensus estimate by $15 million.\nProduct revenues were $323.9 million, down from $401.7 million in the year-ago quarter. Net sales from Service decreased to $798.3 million from $823.7 million a year ago.Revenues from the Communication Services segment decreased to $826 million from $847 million in the year-ago quarter. The improvement in aviation and government satcom was offset by weakness in maritime and fixed services verticals. The segment’s adjusted EBITDA declined to $318 million from $350 million.Revenues from Defense and Advanced Technologies were $296 million, down 22% year over year. Demand softness in space and mission systems, advanced technologies and other end markets affected the top line. Solid demand for tactical networking products was a tailwind. Adjusted EBITDA came in at $57 million compared with $137 million a year ago.\nVSAT’s Other Details\nIn the September quarter, the company reported an operating loss of $24.7 million compared with an operating loss of $804.7 million in the prior-year quarter. Adjusted EBITDA was $375 million, down from $486 million in the year-ago quarter.\nCash Flow & Liquidity for Viasat\nDuring the second quarter of fiscal 2025, Viasat generated an operating cash flow of $239 million compared with $219 million in the prior-year period. As of Sept. 30, 2024, the company had $3.53 billion in cash and cash equivalents, with a net debt of $5.53 billion. Capital expenditures declined 37% year over year to $229 million, primarily due to lower satellite expenditures and ground infrastructure costs.\nVSAT’s Outlook\nFor fiscal 2025, management expects total revenues to remain roughly flat or increase slightly year over year. Adjusted EBITDA from continuing operations is projected to grow by mid-single digits. Revenues from Communication Services are expected to be down by low single digits in fiscal 2025 compared to fiscal 2024. Solid growth in aviation and government satcom services is expected to be offset by weak demand in U.S. fixed broadband and maritime verticals. Defense and Advanced Technologies revenues are expected to increase in the mid-teens, driven by tactical networking products, antenna systems solutions, recurring contributions from certain licensing agreements and strong demand for AI applications.\nHow Have Estimates Been Moving Since Then?\nIn the past month, investors have witnessed a downward trend in estimates review.\nThe consensus estimate has shifted -83.43% due to these changes.\nVGM Scores\nAt this time, ViaSat has a great Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. Charting a somewhat similar path, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy.\nOverall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.\nOutlook\nEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise ViaSat has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nViasat Inc. (VSAT) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2489517712"}