Satnews Daily
February 10th, 2009

Financially Speaking... ViaSat Inc...


ViaSat Inc. (NASDAQ: VSAT) has announced financial results for the third quarter ended January 2, 20091.

The fiscal third quarter results include net new contract awards of $143.1 million and revenues of $150.4 million. Year-to-date, ViaSat reported net new contract awards of $604.5 million and revenues of $462.6 million, both records. For the third quarter, the company also reported net income of $0.43 per share on a diluted non-GAAP basis or $0.34 per share on a diluted GAAP basis, both quarterly records. Year-to-date, the company reported net income of $1.11 per share on a diluted non-GAAP basis or $0.82 per share on a diluted GAAP basis. The Company's Satellite Services segment contributed revenues of $2.4 million for the third quarter of fiscal 2009, which was a 37.9 percent increase from the same period last year. New contract awards in our Satellite Services segment for the third quarter were $1.7 million. To read the entire financial report, select this direct link.