Thread regarding ViaSat Inc. layoffs

It's still fat!

The company answers to shareholders and those shareholders will be getting antsy soon. The company will have to consider any buyout offer that comes along and the shareholders will force them to take it. The company will definitely look a lot different within a year.

What was wrong with defense business? General Dynamics, Lockheed Martin, L3, Northrop...they all make good money. Viasat made a reputation undercutting these guys. Viasat got too fat.

another new low today. But but but he said that was just market makers taking out a bottom and and and it was up from here and and and

The value of the company will not turn around until new strategies are taken.

Only way stock goes up is you clean house. Mark, and his pals need to go. Company performance has been abysmal for at least 5 years. The executives should be trying to sell this company. Their strategy failed. When something fails it is a failure, not an anomaly as Guru spins it. Viasat bet the house and lost!! It's over. And they S-canned all their talent.

13. 80 was just the market makers taking out all the stops under 15. Stealing people's shares. It's on the rise now.

Enough with the gloom and doom. The company needs to optimize cost, let go of empty buildings and some employees. I hope that this time, they will ask management before cutting. It’s disheartening to see laid off emps be hired back, or be hired by the competition. While keeping the ones that are just paper pushers, or no longer aligned with modern tech.

Company isn't going to get into profits for next several years. Residential business is on constant decline. There are hardly any hopes left. The stock won't improve. Executives are dumping RSUs whenever they can. Another RIF seems inevitable.

Maybe Dankberg will retire.

Bezos

Selling the residential business means someone would want to buy it. Elon just needs to wait and the business will die on its own. Unless they can offer something that would compete with LEO.

@2tlx+1sIflj3D very true. My bet is the bitter pill they swallow is selling off the residential business. It's a pig but will never be an area to focus on when it comes to surviving the next five years.

An antenna reflector as big as the moon. That should do it!

If you look at value to debt for the whole company there’s no way anyone bites off the whole thing (roughly $2B vs $7B). But pieces of the company are profitable, that could give a cash influx like it did with L3 sale recently. But would reduce the existing company to segments that aren’t profitable…

@1gus+1sIflj3D

The person who owns starlink, X, Tesla?
Honestly thought it cause that sell would be blocked immediately like the inmasat lol
But in all seriousness, I don’t think Visast will be sold outright, more so Viasat will start selling some portion of their government systems like they did before with link-16 and mids to L3harris….(which includes some of employees… RIF without being a RIF)

$13.80 will look like a high price in a couple of years when VSAT is trading at $4.

They def won't be aquiring though I'm certain Mark would love to keep betting on more GEO. The stock price is too low and the balance sheet can't sustain more debt for an acquisition. At this stock price I'm certain they've been getting phone calls from other better capitalized GEO companies. But even that would just delay the inevitable that GEO will be a smaller piece of the pie in the future. Long way of saying they're f'd.

What company has the capital to purchase Viasat and would be willing to take on their debt for their current capabilities?

Maybe they will triple down by acquiring another GEO company like Echostar or SES