0
Video

Viasat back in the black on record revenues in Q4

Friday 24 May 2019 | 11:37 CET | News
Satellite internet services provider Viasat said revenues for the fourth quarter reached a record high of USD 557.2 million, up 27 percent from the year before. Improved operating profits at all three business segments pushed the company's net profit up to USD 2.5 million from a loss of 19.9 million, while the adjusted EBITDA rose to USD 108.3 million from 55.6 million. New contract awards increased to a record USD 612.3 million from 404.0 million, and the sales backlog to USD 1.866 billion from 1.090 billion. The company also noted that its Viasat-2 insurance claim has been fully settled and

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet / Broadcast & Satellite
Companies: ViaSat
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Viasat moves back to profit, reaches fresh revenue highs in fiscal Q2

Published 11 Nov 2019 09:04 CET | World
Revenues at Satellite Services went 26 percent higher to USD 205.7 million, with new contracts up 29 percent to USD 212.6 ...

Viasat wins intellectual property suit versus Acacia

Published 18 Jul 2019 10:04 CET | World
Viasat announced a jury in the Superior Court for San Diego County found that Acacia Communications violated intellectual ...

Viasat launches Spanish satellite internet offering

Published 26 Jun 2019 14:45 CET | Spain
US satellite internet services provider Viasat has announced the launch of new broadband plans targeting Spain's underserved ...

Viasat, Arianespace modify initial ViaSat-3 satellite launch contract

Published 17 Jun 2019 18:55 CET | World
Viasat and Arianespace modified their original ViaSat-3 satellite launch contract, signed in 2016. Under the renewed deal, the ...

Viasat to build ground station in Australia

Published 11 Jun 2019 09:57 CET | Australia
Viasat announced plans to launch a Real-Time Earth (RTE) Ground Station in Alice Springs, Australia. Viasat has partnered with ...

Viasat receives FAA clearance for Ka-band in-flight connectivity on business jets

Published 22 May 2019 13:13 CET | World
Viasat said it received Supplemental Type Certificate (STC) approval from the Federal Aviation Administration (FAA) for its ...

Telebras and Viasat provide internet to over 900,000 students

Published 06 May 2019 15:00 CET | Brazil
Telebras is responsible for the management, marketing and operation of the satellite, while Viasat provides terrestrial network ...

Brazilian Attorney General says companies cannot challenge Telebras-Viasat deal

Published 06 May 2019 13:09 CET | Brazil
Brazil's Attorney General has presented to the Federal Supreme Court an opinion, ruling that Via Direta and Rede Tiradentes de ...

Telebras says ViaSat contract to market SGDC capacity poses no threat to national sovereignty

Published 29 Apr 2019 17:38 CET | Brazil
Brazilian state-owned telecom services provider Telebras has issued a statement in which it rebuts press reports that the ...

Viasat, China Satcom partner to bring in-flight connectivity service to airlines over China

Published 24 Apr 2019 14:15 CET | China
Viasat and China Satellite Communications (China Satcom) entered into an agreement for a strategic partnership to jointly provide ...

Viasat, Ruralweb enter distribution partnership to bring broadband internet to Brazil

Published 17 Apr 2019 10:04 CET | Brazil
Viasat announced its first Brazilian wholesale distribution partner, Ruralweb, a Brazilian-licensed company offering satellite ...

Viasat launches Managed Wi-Fi Service for small, medium businesses

Published 10 Apr 2019 09:45 CET | World
Viasat launched Viasat Business Hotspots, a new service designed to help small and medium businesses (SMBs) extend their Viasat ...

Viasat opens Mexican HQ in Montes Urales

Published 09 Apr 2019 08:54 CET | Mexico
Viasat has announced the opening of its Mexican headquarters, an office located in Montes Urales district in northwest Mexico ...

Viasat, Expedition offer satellite broadband to businesses in Puerto Rico, US Virgin Islands

Published 05 Apr 2019 13:42 CET | Puerto Rico
Viasat and Expedition Communications entered a partnership to deliver satellite broadband to businesses and government agencies ...

Viasat prices upsized offering of USD 600 mln

Published 21 Mar 2019 09:25 CET | World
Viasat has priced an offering of USD 600 million worth of 5.625 percent senior secured notes due 2027. The offering, upsized from ...

Viasat, Facebook team up to expand internet access in rural Mexico

Published 21 Feb 2019 10:06 CET | Mexico
Viasat has announced that it's joining forces with Facebook to accelerate the deployment of affordable, high-speed, high-quality ...

ViaSat narrows net loss as revenues jump 45% in Q2

Published 08 Feb 2019 12:08 CET | United States
Satellite internet services provider ViaSat showed strong growth in its fiscal third quarter to end December, with revenues ...

ViaSat loses appeal against Inmarsat EAN ground stations in UK

Published 11 Dec 2018 10:52 CET | United Kingdom
Inmarsat announced that the UK Competition and Appeal Tribunal (CAT) has dismissed a challenge by ViaSat to Ofcom's January 2018 ...

Viasat's in-flight connectivity system available in 1,000 commercial aircraft

Published 10 Dec 2018 17:04 CET | World
Viasat reached 1,000 commercial aircraft flying globally with its in-flight connectivity (IFC) system. Viasat said it installed ...

Telebras gets court clearance for internet contract with Viasat

Published 02 Nov 2018 12:14 CET | Brazil
Brazil's Court of Auditors of the Union (TCU) has reached a unanimous decision, clearing Telebras to execute the broadband ...

Viasat, SpaceX enter contract for future ViaSat-3 satellite launch

Published 25 Oct 2018 18:32 CET | World
Viasat contracted SpaceX to launch one of its ViaSat-3 satellite missions aboard a Falcon Heavy. The Viasat mission is scheduled ...