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NEW YORK - Viasat Inc. (NASDAQ:VSAT) reported a smaller-than-expected loss for its fiscal fourth quarter, while revenue topped analyst forecasts. The satellite communications company also provided an outlook for fiscal 2026.
Following the earnings release, Viasat shares dipped 1.2% in after-hours trading.
Viasat posted a Q4 adjusted loss of $0.02 per share, beating the consensus estimate for a loss of $0.59 per share. Revenue rose to $1.15 billion, exceeding expectations of $1.13 billion.
For fiscal 2026, Viasat projects low single-digit YoY revenue growth and relatively flat adjusted EBITDA compared to the prior year. The company expects its Communications Services segment to see flat revenue, with low double-digit growth in aviation services offset by slower declines in fixed services. The Defense and Advanced Technologies segment is forecast to deliver mid-teens revenue growth.
Viasat anticipates capital expenditures of approximately $1.3 billion in fiscal 2026, including about $450 million related to Inmarsat. The company expects to generate positive free cash flow in the second half of the fiscal year.
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