Kerrisdale Capital Outlines Follow-Up Research Series on Negative ViaSat Report
PR Newswire

NEW YORK, June 14, 2017 /PRNewswire/ -- Kerrisdale Capital, a private investment manager, announces its series of follow-up research notes elaborating on ViaSat's (NASDAQ: VSAT) doomed business outlook, following Kerrisdale's 60-page report detailing its short thesis released on June 13. In the coming days, Kerrisdale invites investors to visit www.FactsAboutViaSat.com for the next ten points that further elaborate on the challenges facing ViaSat.  Our research series will examine the following topics:

  1. Capacity limitations that severely mitigate the effectiveness of ViaSat-2
  2. Debt and equity markets do not agree – who is usually correct?
  3. Beam-hopping is hype and a failed experiment
  4. OneWeb – looming threat from a global $300 billion partnership
  5. The hidden cost of subscriber base migration – CPE, labor, churn, and impairment of deferred revenue
  6. Network speed analysis and projections for ViaSat-2 – why bullish subscriber estimates are wildly unrealistic
  7. ViaSat-3 – will metrics be irrelevant before it even launches?
  8. How vertical integration has narrowed the company's technology ecosystem and limited strategic options
  9. Dual-band technology and the potential loss of government contracts
  10. Real-world ground terminal and backhaul cost analysis

Kerrisdale believes that ViaSat is worth 50% lower than the current share price, as ViaSat faces increasing obsolescence in its core residential internet segment.  The full report can be found at http://kerr.co/vsat.

Kerrisdale has a short position in ViaSat and stands to benefit if its share price falls.

About Kerrisdale Capital

Kerrisdale Capital Management, LLC, is a fundamentally-oriented investment manager that focuses on long-term value investments and event-driven special situations.

Contact

Agnes Cao
Kerrisdale Capital
acao@kerrisdalecap.com 
212-257-4385

Kerrisdale Capital Management, LLC is a member of the Financial Industry Regulatory Authority, CRD number 160804.

 

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SOURCE Kerrisdale Capital Management, LLC

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