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ViaSat: Fiscal 1Q Earnings Snapshot

August 9, 2018

CARLSBAD, Calif. (AP) _ ViaSat Inc. (VSAT) on Thursday reported a loss of $34 million in its fiscal first quarter.

The Carlsbad, California-based company said it had a loss of 57 cents per share. Losses, adjusted for stock option expense and non-recurring costs, came to 30 cents per share.

The provider of satellite and wireless networking technology posted revenue of $438.9 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $435.1 million.

ViaSat shares have decreased 4 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $71.77, a rise of 19 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VSAT at https://www.zacks.com/ap/VSAT

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