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ViaSat Reports $111.6-M 3Q 2006 Revenues |
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CARLSBAD, CA, Feb. 13, 2006/Satnews Daily/ — ViaSat Inc. (NASDAQ: VSAT) has announced financial results for the third quarter of fiscal year 2006 highlighted by quarterly and year-to-date revenues of $111.6 million and $315.7 million, respectively.
ViaSat reported net income of $0.26 per share on a pro forma basis or $0.23 per share on a diluted GAAP basis. Year-to-date, the company reported net income of $0.72 per share on a pro forma basis or $0.62 per share on a diluted GAAP basis. The company said it generated almost $11.0 million from operations, bringing the year-to-date total to $30 million.
ViaSat said third quarter fiscal 2006 revenue was $6.6 million compared to $5.2 million during the 3Q of 2005. Net Income for the first nine months of fiscal 2006 was $17.8 million compared to $12.5 million in 2005.
The company’s government segment also recorded record quarterly and nine-month revenues of $53.2 million and $156.2 million, respectively, a 9.5 percent increase over the third quarter of fiscal year 2005 and a 22.3 percent increase over the prior nine-month period.
For the commercial segment, revenues were $60.2 million for the third quarter, a 46.7 percent increase over the third quarter of fiscal year 2005. Year-to-date commercial segment revenues were $164.7 million, a 25.3 percent increase over prior year primarily due to increase in sales of consumer broadband systems and equipment.
Recent Stories: ViaSat Introduces DVB-S2 and Hybrid Mesh Extensions to LinkStar System Tuaropaki Communications Taps ViaSat Satellite System for Broadband Services in New Zealand ViaSat Supplies Satellite Networking System to Digisky for Celcom Satellite Services in Malaysia |
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