Viasat Inc. (NASDAQ:VSAT) posted its first-quarter results after Tuesday’s closing bell, missing analysts’ revenue estimate. Here’s a look at the details inside the report. 

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Viasat Q2 Details      

Viasat reported quarterly earnings of 17 cents per share, which beat the consensus estimate for losses of 30 cents, according to Benzinga Pro data.

Quarterly revenue came in at $1.16 billion, which missed the Street estimate of $1.2 billion and was down from $1.17 billion in the same period last year. 

Viasat said the revenue decline primarily reflected a 4% year-over-year decrease in the Defense and Advanced Technology segment, while the Communication Services segment revenue remained flat year-over-year.

“The first quarter of fiscal year 2027 was marked by disciplined execution, operational progress — including on the ViaSat-3 (VS-3) satellites — and strong awards in growing business areas that reinforce our confidence in targeting new markets, our competitive positions, and our ongoing growth prospects,” said CEO Mark Dankberg.

VSAT Stock Price Activity: According to data from Benzinga Pro, Viasat stock was down 7.66% to $79.56 in Tuesday’s extended trading.  

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