ViaSat

Q1 FY2027 EarningsQ1 FY27 revenue of $1,156.5M missed consensus of $1,199.7M by 3.6%, primarily due to a 6% YoY decline in product revenues and bandwidth constraints in U.S. fixed broadband. Normalized EPS of -$0.38 (GAAP) significantly missed the $0.095 normalized mean estimate, driven by a higher-than-expected tax provision and U.S. valuation allowances. Despite the top-line miss, aviation services saw strong growth with IFC installations increasing to 4,630 aircraft, while operational cash flow of $260.6M remained robust relative to consensus expectations.