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Big Government Deals Push ViaSat to Strong 2019

Nick Zazulia

Friday, May 24th, 2019

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ViaSat [VSAT] wrapped up fiscal year 2019 with $2.1 billion in revenue, marking a 30 percent growth from 2018, highlighted by nearly $1 billion in government systems earnings and a viral growth in ubiquity on commercial aircraft, more than doubling its presence by year's end. The communications provider has increased revenues at 14 percent compounded annual growth for the last 15 years and its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) grew by 44 percent year-over-year (YOY) for…

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