- The ViaSat-2 satellite successfully launched on June 1 and has executed scheduled in-flight maneuvers to date; services are expected to begin in the fourth quarter of fiscal year 2018- Revenues for the first quarter fiscal year 2018 were up 5% to $380.0 million, which marked a new first quarter revenue record high- Operating cash flow reached a record high of $153.7 million- New contract awards in the quarter grew sharply, up 31% over the prior year period, driving backlog up 19% year-over-year- ViaSat's Government Systems segment continued to exhibit strong momentum, with revenues up 26% and record operating profit up 82% from the prior year period, leading to a record high Adjusted EBITDA for the segment of $49.2 million, a 51% increase year-over-year- ViaSat's Satellite Services segment saw residential broadband Average Revenue Per User (ARPU) hit a new record of $66.61, and a 12% increase in first quarter commercial aircraft in-service with its in-flight connectivity system compared to the prior year period
CARLSBAD, Calif. , Aug. 1, 2017 /PRNewswire/ -- ViaSat Inc. (NASDAQ: VSAT), a global broadband services and technology company, will host a conference call on Tuesday, August 8, 2017, at 5:00 p.m. Eastern Time to discuss the first quarter results for fiscal year 2018.
CANBERRA, Australia , July 26, 2017 /PRNewswire/ -- ViaSat Inc. (NASDAQ: VSAT), a global broadband services and technology company, today announced it was selected by Northrop Grumman Corporation ( NYSE : NOC) as a key partner in the delivery of a next-generation satellite communications (SATCOM)
CARLSBAD, Calif. , July 25, 2017 /PRNewswire/ -- ViaSat Inc. (Nasdaq: VSAT), a global broadband services and technology company, announced today it received Supplemental Type Certificate (STC) approval from the FAA for its second generation (Gen-2) in-flight entertainment and connectivity (IFEC)
CARLSBAD, Calif. , July 12, 2017 /PRNewswire/ -- ViaSat, Inc. (NASDAQ: VSAT), a global broadband services and technology company, today announced the appointment of Varsha Rao to its Board of Directors. Ms. Rao will serve as a Class III director effective immediately, with an initial term expiring
CARLSBAD, Calif. , June 26, 2017 /PRNewswire/ -- ViaSat Inc. (NASDAQ: VSAT), a global broadband services and technology company, has been awarded Lot 5 and Lot 5a contracts totaling $88.3 million from the U.S. Navy Space and Naval Warfare Systems Command (SPAWAR) to provide Multifunctional
CARLSBAD, Calif. , June 22, 2017 /PRNewswire/ -- ViaSat Inc. (NASDAQ: VSAT), a global broadband services and technology company, proudly announced today that following the successful launch of the ViaSat -2 satellite on June 1, 2017 , the satellite has now completed additional major milestones
CARLSBAD, Calif. , June 20, 2017 /PRNewswire/ -- The Boeing Company ( NYSE : BA) has awarded ViaSat Inc. (NASDAQ: VSAT), a global broadband services and technology company, a multi-year contract for the production of the KOR-24A Link 16 terminal , a two-channel Small Tactical Terminal (STT) for
