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KVH Industries (NASDAQ:KVHI) Posts Earnings Results

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KVH Industries (NASDAQ:KVHI - Get Free Report) released its quarterly earnings results on Thursday. The communications equipment provider reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.09), Zacks reports. The company had revenue of $26.92 million for the quarter, compared to analyst estimates of $28.01 million. KVH Industries had a negative return on equity of 3.96% and a negative net margin of 15.99%.

KVH Industries Price Performance

KVH Industries stock traded up $0.04 during midday trading on Friday, hitting $5.41. 14,190 shares of the company were exchanged, compared to its average volume of 70,750. The company's fifty day moving average price is $5.85 and its 200-day moving average price is $5.28. The company has a market cap of $107.11 million, a PE ratio of -5.58 and a beta of 0.68. KVH Industries has a fifty-two week low of $4.17 and a fifty-two week high of $6.16.

About KVH Industries

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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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