Viasat Stock Sees Significant Drop Despite Earnings Beat

Wednesday, 22 May 2024, 16:34

Shares of Viasat fell 14.6% after reporting better-than-expected earnings for Q4 2024. However, revenue growth was overshadowed by a much steeper loss per share compared to last year. The company forecasts a challenging 2025 with flat revenue and potential negative free cash flow.
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Viasat Stock Sees Significant Drop Despite Earnings Beat

Viasat Stock Plummets Despite Earnings Beat

Viasat experienced a 14.6% drop in stock price following the Q4 2024 earnings report.

Losses Outweigh Earnings Growth

  • Volatile Earnings: While revenue increased by 73% due to acquiring Inmarsat, the company reported a much larger loss per share than anticipated.
  • Long-Term Forecast: Viasat predicts a challenging 2025 with flat revenue and potential negative cash flow.

Investors may need to wait until 2026 for Viasat stock to rebound.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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