LA PLATA, Maryland— Satellite broadband hardware and service provider Viasat Inc. fell short of its goal of returning its maritime and fixed consumer broadband businesses to growth in the 12 months ending March 31 but reported 2% revenue growth for the year on the strength of its Aviation connectivity and Defense and Advanced Technologies divisions.
In a May 28 investor call, Viasat said it expects its consumer business, whose revenue has dropped by 38% in two years as consumer subscriptions fell and SpaceX Starlink took overt market, hitting 130 . . .
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