Recap: Viasat Q4 Earnings

Viasat VSAT reported its Q4 earnings results on Wednesday, May 17, 2023 at 04:02 PM.

Here's what investors need to know about the announcement.

Earnings

Viasat missed estimated earnings by 98.21%, reporting an EPS of $0.17 versus an estimate of $9.49.

Revenue was down $35.60 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 14.06% drop in the share price the next day.

Here's a look at Viasat's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.14 0.31 -0.22 -0.05
EPS Actual -0.14 -0.18 0.14 0.06
Revenue Estimate 721.38M 774.67M 704.65M 724.39M
Revenue Actual 714.10M 656.68M 678.22M 701.70M

To track all earnings releases for Viasat visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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