Viasat stock slumps 22% on guidance cut, earnings miss amid macro headwinds

Nov. 09, 2022 11:24 AM ETViasat, Inc. (VSAT)By: Jessica Kuruthukulangara, SA News Editor

smart phone and wireless communication

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Viasat (NASDAQ:VSAT) stock slumped 22.4% on Wednesday after the communications company lowered its FY23 guidance to reflect macroeconomic headwinds and reported weaker-than-expected Q2 results.

Macro headwinds include delayed deliveries by aircraft makers impacting aviation customers, higher costs and

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