Viasat (NASDAQ: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.
