Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
CARLSBAD, Calif. - ViaSat Inc., a provider of satellite communication services, said Thursday its fiscal second quarter earnings rose about 8 percent on growing revenue from new contracts.
| VSAT | 23 |  -0.83 |
The company said earnings in the quarter ended Oct. 3 rose to $9.3 million, or 29 cents per share, from $8.6 million or 27 cents per share in the year-ago quarter.
ViaSat said adjusted earnings, which exclude one-time acquisition charges, were 39 cents per share in the latest quarter.
Analysts expected income of 33 cents per share, according to a poll by Thomson Reuters. Analysts typically exclude one-time items from their estimates.
Revenue rose almost 9 percent to $159.3 million from $146.6 million, beating the analyst consensus estimate of $155.7 million.
ViaSat Chief Executive Mark Dankberg said revenue was boosted by growing demand from defense markets.
Shares of ViaSat rose 20 cents to $19.11 in afternoon trading.
You've heard the talk of "Green" throughout the whole of 2008, bu...
Lenovo, with its IdeaPad line series is previewing Y-Series IdeaPad Y650 laptops at CES in Las Vegas together with other new Ideapad Y-series.
With oil prices rising over the past few years, many people want to know about the impact on spending and investment by oil companies. Though pri...
Cisco will unveil new consumer products and initiatives during apress conference at the 2009 ...
Building your business and corporate credit for your small business.
Partners   
|
© 2009 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
