 |
 |
 |
 |
 |
 |
 |
 |
 |
Carlsbad CA (SPX) May 22, 2006 ViaSat Inc, a provider of networking and communication equipment for government and commercial customers, has announced financial results for the fourth quarter and fiscal year 2006. The fiscal fourth quarter results include record totals for revenues of $118.1 million, new orders of $133.3 million, net income of $0.28 per share on a diluted non-GAAP basis and cash flows from operations of $22.2 million. The company also reported fourth quarter net income of $0.20 per share on a diluted GAAP basis, which includes compensation expense charges of $0.04 per share, or $1.2 million net of tax, related to the acceleration of vesting for certain employee stock options. Financial highlights for the fiscal year include record revenues of $433.8 million, net income of $1.00 per share on a diluted non-GAAP basis or $0.81 per share on a diluted GAAP basis, new business orders totaling $443.7 million and cash flows from operations of $52.2 million. "Fiscal year 2006, our 20th anniversary year, was our best ever, resulting in records in all our basic metrics -- orders, revenues, earnings and cash flows," said Mark Dankberg, chairman and CEO of ViaSat. "Our financial performance reflects a strong competitive posture in our targeted government and commercial market segments. We believe the company is well positioned to capitalize on continued growth in those key markets in our new fiscal year." Related Links ViaSat
Hughes Communications Announces First Results As Public Company
Germantown MD (SPX) May 22, 2006Hughes Communications, Inc has announced financial results for the quarter ended March 31, 2006, its first quarter as a publicly traded company. Hughes' consolidated operations are classified into three reportable segments: VSAT; Telecom Systems; and Other. VSAT and Telecom Systems represent all of the operations of Hughes Network Systems, LLC (HNS), Hughes' principal operating subsidiary. |
. |
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
