🔴 ViaSat is trading 5.8% down today after missing Q1 revenue estimates and posting a per-share loss

ViaSat is trading 5.8% down at $81.14 after missing Q1 revenue estimates and posting a per-share loss in its latest earnings update.

• The company reported $1.16 billion in Q1 FY2027 revenue and a $0.38 per-share loss, triggering profit-taking following a significant rally in the previous session.
• Despite the bottom-line miss, management reaffirmed full-year guidance and highlighted a record defense backlog driven by a 10% increase in new contract awards.
• Analysts view the move as a technical giveback rather than a market-wide selloff, as broader market conditions remain firm.