ViaSat Q1 Profit Misses Estimates - Quick Facts

(RTTNews) - ViaSat Inc. (VSAT), a global broadband services and technology company, reported first quarter net income to company of $2.6 million or $0.05 per share, compared to a loss of $5.9 million or $0.13 per share, prior year. Adjusted earnings per share was $0.25, for the quarter.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.31 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $344.4 million from $319.5 million last year. Analysts expected revenue of $344.50 million for the quarter.