Viasat Turns To Profit In Q3

(RTTNews) - Viasat Inc. (VSAT) reported that its third-quarter net income attributable to the company was $6.48 million or $0.10 per share compared to a loss of $10.40 million or $0.17 per share in the prior year.

Non-GAAP net income per share was $0.39 compared to $0.12 prior year.

Total revenues for the quarter were $588.22 million up from $554.69 million in the prior year.

Analysts polled by Thomson Reuters expected the company to report a loss of $0.01 per share and revenues of $582.39 million for the quarter. Analysts' estimates typically exclude special items.