Viasat won't replace damaged Americas satellite, moves up financial targets
Publishing timestamp: 2023-10-12 12:48:10
Summary
Viasat expects to meet financial growth targets earlier than expected and will not need to replace its damaged satellite. The company plans to file insurance claims for the satellite and expects to be free cash flow positive earlier than previously forecasted. Viasat's stock rose after the announcement.
Sentiment: MIXED
Tickers: VSAT,
Keywords: technology, business, space industry, breaking news: technology, viasat inc, business news, transportation, breaking news: business, aerospace and defense industry, the edge,