ViaSat Profit Misses Estimates, Revenue Beats

(RTTNews) - ViaSat Inc (VSAT) on Tuesday reported fourth-quarter net earnings of $7.5 million or $0.16 per share compared with a loss of $3.5 million or $0.08 per share last year.

Excluding items, adjusted earnings for the quarter were $0.36 per share compared with earnings of $0.10 per share a year ago.

Revenues for the quarter were $364.8 million compared with $343.9 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.42 per share on revenues of $363.7 million for the quarter. Analysts' estimates typically exclude special items.