KVH Industries (NASDAQ:KVHI) Issues Earnings Results, Misses Estimates By $0.05 EPS

KVH Industries (NASDAQ:KVHI - Get Free Report) released its quarterly earnings data on Wednesday, May 7th. The communications equipment provider reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.05), Zacks reports. The firm had revenue of $25.41 million for the quarter, compared to analyst estimates 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 Performance

Shares of NASDAQ:KVHI traded up $0.24 during midday trading on Wednesday, hitting $5.26. 31,651 shares of the company's stock traded hands, compared to its average volume of 57,834. KVH Industries has a twelve month low of $4.17 and a twelve month high of $6.16. The company has a market cap of $103.09 million, a PE ratio of -5.42 and a beta of 0.78. The firm's fifty day moving average price is $5.08 and its two-hundred day moving average price is $5.40.

KVH Industries Company Profile

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.