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ViaSat Q3 Loss Narrows - Quick Facts

ViaSat Inc. (VSAT) reported that its third-quarter net loss was $6.0 million or $0.13 per share, narrower than $20.8 million or $0.47 per share in the comparable quarter last year.

Non-GAAP net income for the quarter was $1.6 million or $0.03 per share, compared to $1.8 million or $0.04 per share in the prior year quarter. On average, seven analysts polled by Thomson Reuters expected the company to report earnings of $0.09 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $332.56 million, from $286.44 million last year, while eight analysts expected revenue of $348.89 million for the quarter.

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