Earnings call at 2:30 pm PT
8 replies (most recent on top)
Too many other good horses in the race to put money on this one.
This thing is going to single digits. Starlink is driving down costs across the industry and Viasat is bloated and can’t keep up.
@1eby+1qXsVip9 Late march, need to clean up the books before the earnings call that kicks off the new fiscal year.
@tju+1qXsVip9 I'll bet you 10 shares of $VSAT or a ham sandwich that the next RIF will be in late April again. We can only have so many consecutive negative earnings reports and need to keep beating that "positive cash flow" drum.
Also look at all of the internal reorgs going on and why they are being so secretive while taking forever to implement. New leadership is strategically placing people where it won't be disruptive if they all the sudden didn't work there anymore.
Guru the Buffoon at work!!
Down 18%. This is bad since the company seems alot more reactive to wall street since Guru took over. It’s like investors are driving the stock down to force management to take more action. So when is the next layoff and how big will it be? Otherwise the stock might be in single digits in a couple months.
I stopped ESPP because they always tank the stock before I could get out with my 15%. But don't worry, because at the all hands tomorrow we'll get enlightenment that we should embrace change, gain an owner's mindset, and automate. Followed by a cool Guru selfie
Call was yesterday, hence the 15+% drop. ESPP isn’t even a good deal anymore