CARLSBAD, Calif. (AP) 鈥� CARLSBAD, Calif. (AP) 鈥� ViaSat Inc. (VSAT) on Tuesday reported a loss of $51.7 million in its fiscal first quarter.
On a per-share basis, the Carlsbad, California-based company said it had a loss of 38 cents. Earnings, adjusted for amortization costs and stock option expense, came to 17 cents per share.
The provider of satellite and wireless networking technology posted revenue of $1.16 billion in the period, missing Street forecasts. Seven analysts surveyed by Zacks expected $1.2 billion.
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