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Donnerstag,
24.05.2018 22:10
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PR Newswire
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Viasat Announces Fourth Quarter and Fiscal Year 2018 Results
Tageszeitungen (Symbolbild).
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PR Newswire
CARLSBAD, Calif., May 24, 2018
CARLSBAD, Calif., May 24, 2018 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced financial results for the fiscal fourth quarter and fiscal year ended March 31, 2018.
"Viasat ended its fiscal year 2018 positioned to drive strong, sustained growth in fiscal year 2019 and beyond," said Mark Dankberg, Viasat chairman and CEO. "Each business segment executed its mission this year. Government Systems leveraged astute investments in prior years to again deliver record revenue, operating profit and Adjusted EBITDA—up 13%, 42% and 27%, respectively, compared to fiscal year 2017. Commercial Networks delivered the technology that will drive growth—ramping IFC deliveries to American Airlines and several other new customers; lighting up our state-of-the-art ViaSat-2 ground network; completing critical pre-flight testing milestones for ViaSat-3; and setting the stage to scale rapidly with 29% year-over-year gains in both fourth quarter revenue and new contract awards. The Satellite Services segment managed through launch and in-service delays for the ViaSat-2 spacecraft by introducing innovative new premium high-speed data plans on ViaSat-1 that lifted ARPU to record levels. We also invested to prepare for growth in residential broadband and IFC services, as well as new vertical and geographic markets. Now all three segments share a common mission in fiscal year 2019—to leverage these strategic positions to deliver solid performance and growth in revenue and Adjusted EBITDA while paving the way for ViaSat-3. We're looking forward to an exciting year."
| Financial Results | ||||||
| (In millions, except per share data) | Q4 FY18 | Q4 FY17 | Year- | FY18 | FY17 | Year-Over- |
| Revenues | $ 439.7 | $ 416.4 | 5.6% | $ 1,594.6 | $ 1,559.3 | 2.3% |
| Net (loss) income1 | $ (19.9) | $ 6.7 | * | $ (67.3) | $ 23.8 | * |
| Non-GAAP net (loss) income1 | $ (3.1) | $ 18.5 | * | $ 2.2 | $ 65.6 | (96.7)% |
| Adjusted EBITDA | $ 55.6 | $ 83.5 | (33.4)% | $ 235.0 | $ 340.8 | (31.1)% |
| Diluted per share net (loss) income1 | $ (0.34) | $ 0.11 | * | $ (1.15) | $ 0.45 | * |
| Non-GAAP diluted per share net (loss) income1 | $ (0.05) | $ 0.32 | * | $ 0.04 | $ 1.23 | (96.7)% |
| Fully diluted weighted average shares2 | 59.1 | 58.4 | 1.1% | 58.4 | 53.4 | 9.4% |
| | | | | | | |
| New contract awards | $ 404.0 | $ 385.6 | 4.8% | $ 1,666.6 | $ 1,661.7 | 0.3% |
| Sales backlog3 | $ 1,090.0 | $ 1,024.4 | 6.4% | $ 1,090.0 | $ 1,024.4 | 6.4% |
| | ||||||
| Segment Results | ||||||
| (In millions) | Q4 FY18 | Q4 FY17 | Year- | FY18 | FY17 | Year-Over- |
| Satellite Services | | | | | | |
| New contract awards | $ 145.3 | $ 153.0 | (5.0)% | $ 593.6 | $ 597.2 | (0.6)% |
| Revenues | $ 145.0 | $ 160.9 | (9.9)% | $ 589.3 | $ 629.6 | (6.4)% |
| Operating (loss) profit4 | $ (21.1) Werbung Mehr Nachrichten zur ViaSat Inc Aktie kostenlos abonnieren
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