ViaSat Inc. Reports Fiscal Year 2025 Results: Net Income Swings to $42M Profit from $25M Loss; Revenue Changes Not Specified

Reuters
27 May
ViaSat Inc. Reports Fiscal Year 2025 Results: Net Income Swings to $42M Profit from $25M Loss; Revenue Changes Not Specified

ViaSat Inc. has released its annual report for the fiscal year ending March 31, 2025. The company reported a net loss from continuing operations of $12 million, compared to a net loss of $24 million in the previous fiscal year. The net income from discontinued operations, net of tax, was reported at $51 million, resulting in a net income attributable to ViaSat Inc. of $42 million, a significant turnaround from the previous year's net loss of $25 million. Revenue changes were not detailed in the excerpt provided, but the report mentions various operational updates. ViaSat Inc. continues to focus on expanding its global communications technologies and services. A key development during the fiscal year was the increased operating costs associated with the ramp-up period before launching new services. These costs included depreciation, amortization, and expenses related to marketing, logistics, and customer support systems. There is no specific outlook or guidance provided in the document regarding future earnings or operational changes. However, the company anticipates a cycle of increased operating costs and bandwidth constraints as it prepares for future service expansions.

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