The latest announcement is out from ViaSat (VSAT).
Viasat Inc. has introduced a new segment reporting structure to better align with its strategic direction following the Inmarsat acquisition. The new structure, effective from the first quarter of fiscal year 2025, divides Viasat’s operations into two segments: Communication Services and Defense and Advanced Technologies. This change aims to improve the assessment of operational performance and resource allocation across Viasat’s diverse business lines. To complement the restructuring, Viasat is providing unaudited supplemental financial information to help investors evaluate the company’s historical and prospective financial performance. However, this information is not a substitute for financial results prepared in accordance with GAAP.
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