BRIEF-Viasat Provides An Interim Update On Versus-3 F1 Satellite Status And Anticipates Positive Free Cash Flow Earlier Than Planned
Oct 12 (Reuters) - Viasat Inc:
* VIASAT PROVIDES AN INTERIM UPDATE ON VERSUS-3 F1 SATELLITE STATUS AND ANTICIPATES POSITIVE FREE CASH FLOW EARLIER THAN PLANNED
* VIASAT INC - EXPECTS TO ACHIEVE SYNERGIES FROM INMARSAT TRANSACTION EARLIER THAN PLANNED
* VIASAT INC - EXPECTS TO MATERIALLY LOWER CAPITAL EXPENSE PROFILE MOVING FORWARD
* VIASAT INC - EXPECTS TO MATERIALLY LOWER CAPITAL EXPENSE PROFILE MOVING FORWARD
* VIASAT INC - WILL NOT REQUIRE REPLACEMENT FOR VIASAT-3 F1
* VIASAT INC - COMPANY REAFFIRMS FY24 AND FY25 GUIDANCE
* VIASAT INC - WILL NOT REQUIRE REPLACEMENT FOR VIASAT-3 F1
* VIASAT INC - NOW EXPECTS TO REACH INFLECTION POINT OF SUSTAINABLE POSITIVE FREE CASH FLOW DURING FIRST HALF OF CALENDAR 2025
* VIASAT INC - INTEGRATION OF INMARSAT ACQUISITION IS PROCEEDING WELL AND IS AHEAD OF PLAN
* VIASAT INC - CONFIRMS THAT IT HAS INSURANCE COVERAGE OF $348 MILLION IN PLACE FOR I6 F2 SATELLITE AND WILL FINALIZE ITS CLAIM BEFORE END OF YEAR
* VIASAT INC - REMAIN CONFIDENT WILL MEET CURRENT AND FUTURE NEEDS OF MOBILITY CUSTOMERS, WELL-POSITIONED TO ACHIEVE FINANCIAL GROWTH OBJECTIVES Source text for Eikon: Further company coverage:
