Reported Earlier, Viasat Streamlines Reporting Segments To Better Reflect Diverse Markets, Focuses On Communication Services And Defense
Portfolio Pulse from Benzinga Newsdesk
Viasat has announced a restructuring of its reporting segments to better align with its diverse markets. Starting from the first quarter of fiscal year 2025, the company will report its financial results under two new segments: Communication Services and Defense and Advanced Technologies.
July 26, 2024 | 6:20 am
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Viasat is restructuring its reporting segments to better align with its diverse markets. This change, effective from the first quarter of fiscal year 2025, will see the company report under two new segments: Communication Services and Defense and Advanced Technologies.
The restructuring of reporting segments indicates a strategic move to provide clearer insights into Viasat's diverse operations. This could lead to better investor understanding and potentially positive market reactions.
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