Viasat, Inc. (VSAT), Tuesday announced fourth-quarter results, reporting a net loss of $246.1 million or $1.89 a share, compared to a net loss of $100.3 million or $0.80 a share, last year.
On adjusted basis, net loss totaled $3 million or $0.02 a share, compared to $30.5 million or $0.24 a share in the previous year.
Revenue decreased to $1.147 billion from $1.150 billion in the prior year.
VSAT closed trading at $10.53, down 1.68 percent on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.