ViaSat's CEO Mark Dankberg on Q4 2014 Results - Earnings Call Transcript

ViaSat released its fourth quarter 2014 financial results and conducted a conference call with financial analysts and investors. This is the transcript.


Mark Dankberg - Chairman and CEO

Rick Baldridge - President and COO

Shawn Duffy - Chief Accounting Officer

Keven Lippert - General Counsel

ViaSat, Inc. (VSAT) Q4 2014 Results Earnings Conference Call May 20, 2014 5:00 PM ET


Welcome to ViaSat Fiscal Year 2014 Fourth Quarter Earnings Conference Call. Your host for today's call is Mark Dankberg, Chairman and CEO. You may proceed, Mr. Dankberg.

Mark Dankberg - Chairman and CEO
Okay, thanks. Good afternoon, everybody, and welcome to the ViaSat earnings conference call for our fourth quarter fiscal year 2014. So I'm Mark Dankberg, Chairman and CEO, and I've got with me Rick Baldridge; our President and Chief Operating Officer; Bruce Dirks, our Vice President and Chief Financial Officer; Shawn Duffy, our Chief Accounting Officer; and Keven Lippert, our General Counsel. And before I start, Keven will provide our Safe Harbor disclosure.

Keven Lippert - General Counsel
Thanks, Mark. As you know, this discussion will contain forward-looking statements. This is simply a reminder that factors could cause actual results to differ materially. Additional information concerning these factors is contained in our SEC filings, including our most recent reports of Form 10-K and Form 10-Q. Copies are available from the SEC or from the website.

Mark Dankberg - Chairman and CEO
Okay, thanks, Keven. So as usual we will be referring to slides that are available over the web, and I'll start with some highlights on top of our business overview. And then, Shawn will discuss our consolidated -- financial results and then I'll give a little more color on our consumer business and some strategic talk on market opportunities and [some other] outlook, and then we'll take questions. We have plenty of time for questions. So overall our fourth quarter and full fiscal 2014 results are really strong. A double digit gains in revenues and adjusted EBITDA for both the quarter and the fiscal year as a whole. Adjusted EBITDA was up pretty impressive 41% for the quarter and 35% for the year as a whole.

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