ViaSat is trading at $80.00 (7.2% down) after posting weaker-than-expected first quarter fiscal 2027 results and a net loss of $0.38 per share.
- Revenue came in at $1.16 billion, down 1% year-over-year and below analyst estimates.
- The company highlighted a record defense backlog and reaffirmed its full-year guidance, though shares are seeing amplified volatility in after-hours trading.
- The sharp decline reflects investor reaction to the earnings miss amid thinner liquidity in the extended session.