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Why Viasat Is Losing Altitude Today

TheMotleyFool

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Why Viasat Is Losing Altitude Today: https://g.foolcdn.com/editorial/images/819044/gettyimages-466727938.jpg

Satellite communications company Viasat (NASDAQ: VSAT) posted an unexpected quarterly loss, though the company's free cash flow was significantly better than expected.

Investors are focused on the headline number, sending Viasat shares down as much as 8% at the open and down 3% as of 10:15 a.m. ET.

Image source: Getty Images.

Source Fool.com

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