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Stock Market & Financial Investment News

News Breaks
June 9, 2014
13:14 EDTVSATViaSat extends WiFi capabilities with NetNearU acquisition
ViaSat expanded its ability to deliver high-speed satellite services and Internet access with the acquisition of privately-held NetNearU. NetNearU has developed a comprehensive network management system for Wi-Fi and other Internet access networks that can extend ViaSat Exede services to a growing base of subscribers for multiple markets, including commercial airlines, live events, hospitality, enterprise networking and government broadband projects. Operating as a wholly-owned subsidiary, NetNearU will retain its Bryan/College Station, Texas location, also establishing a ViaSat presence in Texas. The transaction is expected to be accretive to ViaSat non-GAAP pro forma earnings for FY15. However, ViaSat has not completed its valuation analysis and, accordingly, has not determined the impact to GAAP earnings.
News For VSAT From The Last 14 Days
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May 28, 2015
17:29 EDTVSATViaSat awarded $478.6M government contract
ViaSat is being awarded a maximum potential $478.6M indefinite-delivery/indefinite-quantity contract for the production, development and sustainment of the Multifunctional Information Distribution System Joint Tactical Radio Systems terminals. The Space and Naval Warfare Systems Command is the contracting activity.
May 19, 2015
16:08 EDTVSATViaSat reports FY15 sales backlog $915.6M
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16:07 EDTVSATViaSat reports Q4 non-GAAP EPS 36c, consensus 42c
Reports Q4 revenue $364.8M, consensus $363.73M.
15:00 EDTVSATNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Analog Devices (ADI), consensus 72c... Autodesk (ADSK), consensus 28c... Computer Sciences Corporation (CSC), consensus $1.20... Qihoo 360 Technology (QIHU), consensus 49c... Keysight Technologies (KEYS), consensus 65c... Nordson (NDSN), consensus 86c... ViaSat (VSAT), consensus 42c... Dycom Industries (DY), consensus 37c.
05:23 EDTVSATViaSat selected by Gulfstream as sole source Ku-Band equipment supplier
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