VSAT - Why Satellite Communications Provider ViaSat's Shares Are Rising Today | Benzinga
ViaSat, Inc. (NASDAQ: VSAT) expects to reach the inflection point of sustainable positive free cash flow during the first half of calendar 2025 rather than the second half, as previously announced.
Viasat expects to report more than $3 billion of liquidity as of September 30, 2023, including approximately $2.0 billion of cash, cash equivalents, and short-term investments with no near-term outstanding debt maturities.
The company continues to expect revenue growth in the high single-digits over FY2023 for the combined company (including Inmarsat historical results in FY2023 for comparative purposes) and slightly lower growth in Adjusted EBITDA over FY2023.
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