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Why ViaSat Stock Dropped After Earnings

TheMotleyFool

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Satellite communications company ViaSat (NASDAQ: VSAT) stock tumbled 4.5% through 2 p.m. ET Wednesday after reporting mixed earnings last night.

As TheFly.com reports, ViaSat's fiscal Q1 2027 earnings of $0.17 per share (non-GAAP) were nearly twice the $0.09 per share that analysts expected; however, the company's revenue fell just short of the predicted $1.2 billion.

Image source: Getty Images.

Source Fool.com

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