Viasat Inc Q4 Earnings Advance 29%

(RTTNews) - Viasat Inc (VSAT) released a profit for its fourth quarter that gained ground from last year.

The company said its bottom line totaled $18.5 million, or $0.32 per share. This was up from $14.3 million, or $0.29 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.9% to $416.4 million. This was up from $372.0 million last year.

Viasat Inc earnings at a glance:

-Earnings (Q4): $18.5 Mln. vs. $14.3 Mln. last year. -Earnings Growth (Y-o-Y): 29.4% -EPS (Q4): $0.32 vs. $0.29 last year. -EPS Growth (Y-o-Y): 10.3% -Analysts Estimate: $0.28 -Revenue (Q4): $416.4 Mln vs. $372.0 Mln last year. -Revenue Change (Y-o-Y): 11.9%