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KVH Industries (NASDAQ:KVHI) Issues Earnings Results

KVH Industries logo with Computer and Technology background

KVH Industries (NASDAQ:KVHI - Get Free Report) issued its quarterly earnings results on Wednesday. The communications equipment provider reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.05), Zacks reports. The company had revenue of $25.41 million during the quarter, compared to analysts' expectations of $28.39 million. KVH Industries had a negative return on equity of 3.96% and a negative net margin of 15.99%.

KVH Industries Stock Up 1.0%

Shares of NASDAQ KVHI traded up $0.05 during trading on Friday, hitting $5.05. The company had a trading volume of 14,250 shares, compared to its average volume of 58,461. The firm has a market capitalization of $99.81 million, a price-to-earnings ratio of -5.21 and a beta of 0.78. The stock has a fifty day simple moving average of $5.10 and a two-hundred day simple moving average of $5.40. KVH Industries has a fifty-two week low of $4.17 and a fifty-two week high of $6.16.

KVH Industries Company Profile

(Get Free Report)

KVH Industries, Inc, together with its subsidiaries, engages in the design, development, manufacture, and marketing of mobile connectivity solutions for the marine and land mobile markets in the United States and internationally. The company offers Internet and VoIP airtime services; AgilePlans, a Connectivity as a Service solution; KVH Link, a crew wellbeing content subscription service with delivery by IP-Mobilecast; and OpenNet, a KVH VSAT data delivering service for non-KVH Ku-band VSAT terminals.

Further Reading

Earnings History for KVH Industries (NASDAQ:KVHI)

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