Viasat Inc (NAS:VSAT)
$ 9.575 0.405 (4.42%) Market Cap: 1.18 Bil Enterprise Value: 6.98 Bil PE Ratio: 0 PB Ratio: 0.24 GF Score: 55/100
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Q1 2021 ViaSat Inc Earnings Call Transcript

Aug 07, 2020 / 12:30PM GMT
Release Date Price: $42.1 (+9.15%)
Operator

Welcome to Viasat's FY '21 First Quarter Earnings Conference Call. Your host for today's call is Mark Dankberg, Chairman and CEO. You may proceed, Mr. Dankberg.

Mark D. Dankberg
Viasat, Inc. - Co- Founder, Chairman & CEO

Thanks very much. So we published our shareholder letter last night that described our first quarter results, and most of the details that we'll discuss is in there. I just want to make a few quick points before we go ahead and take questions.

So overall, the results came in better than what we had expected, looking at things from (inaudible) March. (inaudible) EBITDA grew about 8%. Just on revenue that was just slightly lower despite all the headwinds that we had from the COVID situation on -- especially on our commercial in-flight connectivity business. We've got, I think, very good diversity in our business space, and that was really (inaudible) helped us have such strong results.

Government business did really well. Fixed broadband showed very significant demand, and that helped the results there and along with our

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