ViaSat: Fiscal 3Q Earnings Snapshot
CARLSBAD, Calif. (AP) _ ViaSat Inc. (VSAT) on Thursday reported a loss of $10.4 million in its fiscal third quarter.
The Carlsbad, California-based company said it had a loss of 17 cents per share. Earnings, adjusted for one-time gains and costs, were 12 cents per share.
The provider of satellite and wireless networking technology posted revenue of $554.7 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $500.4 million.
ViaSat shares have climbed 11 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $65.26, a decrease of almost 9 percent in the last 12 months.