Viasat Sees FY25 Revenue Growth Roughly Flat YoY; Satellite Services Revenue To Decline Low To Mid-Single Digits YoY; Government Systems Revenue To Achieve High-Single Digit YoY Growth; Commercial Networks Revenue To Grow Mid-Single Digits YoY
Portfolio Pulse from Benzinga Newsdesk
Viasat projects its FY25 revenue growth to be roughly flat year-over-year. The company expects a decline in Satellite Services revenue by low to mid-single digits, while Government Systems revenue is anticipated to grow by high-single digits. Commercial Networks revenue is expected to grow by mid-single digits.

May 21, 2024 | 8:08 pm
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Viasat expects flat revenue growth for FY25, with a decline in Satellite Services revenue, growth in Government Systems revenue, and moderate growth in Commercial Networks revenue.
The flat overall revenue growth forecast, combined with a decline in Satellite Services revenue, may concern investors. However, the growth in Government Systems and Commercial Networks revenue could offset some of these concerns, leading to a neutral short-term impact on the stock price.
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