Thread regarding ViaSat Inc. layoffs

New Low

But not the last new low.

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| 3787 views | | 58 replies (last November 6, 2024) | Reply
Post ID: @OP+1s4pAPxv

58 replies (most recent on top)

Man stop posting bs like stock updates or Glassdoor watch!!!

The top activity posts on this page should be only about when layoffs will happen or if a layoff is happening now

Stop wasting time on these stock watching or Glassdoor bs

Like no one cares

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Post ID: @2cbv+1s4pAPxv

1zgk+1s4pAPxv

It’s not chatGBT you ret**d

Its copy and paste from Viasat’s website lmao

Even a child could notice that by googling it

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Post ID: @2pwz+1s4pAPxv

Looks like ChatGPT is back, oh oh, I found somethings it forgot to add. there may not be enough popcorn for watching how he sticks the landing on viasat

https://www.nbcnews.com/news/all/verizon-says-oath-dead-meet-verizon-media-group-n949631

https://techcrunch.com/2021/09/01/apollo-completes-its-5b-acquisition-of-verizon-media-now-known-as-yahoo/?guccounter=1

It is technically correct that reducing a $9billion investment into $4.5billion

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Post ID: @1zgk+1s4pAPxv

Insider activity just shows dribbling sales. You'd think they'd be buying like crazy because of all the confidence they have in themselves and the stock price.

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Post ID: @1tog+1s4pAPxv

@1riq+1s4pAPxv

K. Guru Gowrappan serves as President at Viasat, Inc., where he leads the day-to-day execution of the business to drive operational excellence. In this role, he is responsible for guiding the company’s global services, product and technology roadmap, leading all operating divisions and driving the growth for strategic investments and M&A opportunities.

Guru brings over 20 years of global experience building products, leading and integrating complex M&A deals, operationalizing and scaling businesses across ecosystems including commerce & payments, media, B2B, gaming, search & ad products, subscriptions, and 5G. Guru also brings experience in working with regulators and policy makers.

Prior to joining Viasat, Guru was CEO of Verizon Media Group, the media division of Verizon Communications, Inc., which included leading brands such as Yahoo, TechCrunch and HuffPost. The media division served a global audience of 900 million monthly active users. Guru led the team during a time of significant digital and cultural transformation. He injected growth and profitability to Verizon Media by delivering new products and customer revenue across core businesses including consumer, B2B and digital advertising. He also reinvigorated the company’s subscription and transaction-based monetization while delivering double digit growth for multiple quarters.

Prior to Verizon, he served as Alibaba’s Global Managing Director, focused on international expansion for key consumer and enterprise products. In addition, he previously served as COO for Growth and Emerging Initiatives at Zynga and shepherded the company through its IPO process with the management team while serving as Head of Zynga Japan. Earlier in his career, Guru worked at Overture / Yahoo Search Marketing, which was the foundation to a $100bn+ search advertising industry. As part of Yahoo, he held several leadership roles.

Guru earned an M.S. in Computer Science from the University of Southern California and completed the Business Bridge Program with the Tuck School of Business at Dartmouth College. He also holds a bachelor’s degree from the University of Madras in Chennai, India.

Guru currently serves on the Board of Directors for the Bank of New York Mellon and Water.org, a global nonprofit focused on access to safe water and sanitation.

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Post ID: @1jie+1s4pAPxv

Who is Guru?

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Post ID: @1riq+1s4pAPxv

@1fps+1s4pAPxv I can't upvote your comment enough. The absence of that has been deafening.

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Post ID: @1vvl+1s4pAPxv

I'd like to see Dankberg and Guru each buy a million dollars worth of shares with their own money. Come on you pu----s...anti up.

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Post ID: @1fps+1s4pAPxv

I just bought 50 shares,
I’m gonna be set for life once Viasat proves all the trolls wrong per usual

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Post ID: @1uii+1s4pAPxv

Do people even remember what the stock looked like after the VS-3/1 launch? Before the failure announcement? The satellite is still operational, and will be used, and if the second and third phase are successful, Viasat’s stock should improve.

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Post ID: @1iwc+1s4pAPxv

Looks like ChatGPT has entered the chat

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Post ID: @1lyn+1s4pAPxv

Long term investing works well, but it doesn't always work for each individual stock. It hits us in the gut when we see fellow investors suffer a loss. Spare a thought for those who held Viasat for five whole years - as the share price tanked 76%. And we doubt long term believers are the only worried holders, since the stock price has declined 50% over the last twelve months. The falls have accelerated recently, with the share price down 24% in the last three months.

It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that.

Because Viasat made a loss in the last twelve months, the market is probably more focussed on revenue and revenue growth, at least for now. Shareholders of unprofitable companies usually expect strong revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.

In the last half decade, Viasat saw its revenue increase by 8.7% per year. That's a fairly respectable growth rate. So the stock price fall of 12% per year seems pretty steep. The market can be a harsh master when your company is losing money and revenue growth disappoints.

Investors in Viasat had a tough year, with a total loss of 50%, against a market gain of about 32%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 12% over the last half decade. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Like risks, for instance.

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Post ID: @1cpg+1s4pAPxv

Let guru cook

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Post ID: @1sld+1s4pAPxv

If the next satellite fails Viasat is done. No pressure.

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Post ID: @1gxp+1s4pAPxv

Man people here keep posting useless s**t
Stocks across the board are terrible
It’s just Wall Street and the hedge fudges playing checkers while the poor play chess,

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Post ID: @1slu+1s4pAPxv

please clap :(

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Post ID: @1rer+1s4pAPxv

Buy buy buy!

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Post ID: @drd+1s4pAPxv

last I checked, the board is the corporate fiduciary with a duty to protect shareholders. oh to be a fly on the wall in a board call, probably goes something like this - how are the quarterly results mark? - we'll have another revenue decline - what will guru do about it? - he's preparing another round of layoffs - do you think you'll have a new strategy before running out of employees? - it's ok the mythical beast will save us - that checks out, can you pass the caviar?

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Post ID: @izu+1s4pAPxv

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