{"id":65135,"date":"2018-05-25T19:52:58","date_gmt":"2018-05-25T11:52:58","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/viasats-record-q4-segment-growth-cuts-losses-during-transition-to-new-satellite\/"},"modified":"2018-05-25T19:52:58","modified_gmt":"2018-05-25T11:52:58","slug":"viasats-record-q4-segment-growth-cuts-losses-during-transition-to-new-satellite","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/viasats-record-q4-segment-growth-cuts-losses-during-transition-to-new-satellite\/","title":{"rendered":"ViaSat\u2019s Record Q4 Segment Growth Cuts Losses During Transition to New Satellite"},"content":{"rendered":"<\/p>\n<p>ViaSat posted company-wide fourth quarter and fiscal year revenue highs of $439.7 million and $1.6 billion, respectively, but also higher costs in moving customers to its new ViaSat-3 satellite, resulting in a $19.9 million loss in the fourth quarter.<\/p>\n<p>Revenues by segment saw the company\u2019s satellite services decline 9.9 percent to $145 million, commercial networks reach $76.2 million, an increase of 28.9 percent, and government systems achieve double-digit revenue gains and 30 percent growth in underlying profit.<\/p>\n<p>Earnings Before Interest, Tax, Depreciation and Amortization&nbsp;(EBITDA) by segment saw satellite services decline 59.9 percent to $30.1 million. The company\u2019scommercial networks division &nbsp;reported a loss of$32.9 million, which is an improvement from a loss of$36.5 million during the previous year. ViaSat\u2019s government systems division was up 29.0 percent to $58.4 million.<\/p>\n<p>In the fiscal year 2018, commercial networks segment operating loss was higher and adjusted EBITDA was lower compared to the same period last year, while segment revenues were down 5 percent compared to the fiscal year 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ViaSat posted company-wide fourth quarter and fiscal year revenue highs of $439.7 million and $1.6 billion, respectively, but also higher costs in moving customers to its new ViaSat-3 satellite, resulting in a $19.9 million loss in the fourth quarter. Revenues by segment saw the company\u2019s satellite services decline 9.9 percent to $145 million, commercial networks [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":53415,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-65135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/65135"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=65135"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/65135\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/53415"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=65135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=65135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=65135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}