KVH Industries

KVH Industries, Inc. engages in the provision of internet, television and voice services via satellite to mobile users at sea and on land. It operates through the Mobile Connectivity and Inertial Navigation segments. The Mobile Connectivity segment consists of satellite television and internet solutions and media and content delivery solutions. The Inertial Navigation segment includes digital compass and fiber optic gyro-based navigation and guidance systems. The company was founded by Robert W.B. Kits van Heyningen, Martin A. Kits van Heyningen and Arent H. Kits van Heyningen in 1982 and is headquartered in Middletown, RI.

Earnings data Q1 2021

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Earnings data Q4 2024

KVH Industries achieves first operating profit in 6 years

KVH Industries delivered a strong financial performance in Q4 2022, marking a significant milestone with its first operating profit in over 6 years.
The company's strategic focus on mobile connectivity, value-added services, and partnerships positions it well for sustained growth and profitability.
While facing challenges from evolving technology and market dynamics, KVH has opportunities to capitalize on its strengths and drive future expansion and innovation.

KVH Industries reports revenue growth and diversification initiatives in Q1

KVH Industries showed solid revenue growth in Q1 2023, driven by airtime revenue and subscriber base expansion.
The company's strategic initiatives aim to boost revenue, reduce costs, and enhance user experience.
While facing challenges such as operating losses and market uncertainties, KVH Industries maintains a strong financial position and growth outlook.

KVH Industries reports stable Q2 performance and eyes revenue diversification

KVH Industries showed resilience in operating income despite a slight revenue decline, with a focus on diversifying revenue streams and maintaining profitability.
While facing challenges in product sales and margins, the company's strong cash position and strategic decisions position it well for future growth.
Opportunities lie in expanding service revenue, improving product diversification, and capitalizing on future product developments for sustained success.

KVH Industries reports strong Q3 performance, eyes growth opportunities

KVH Industries delivered solid financial performance in Q3 2023, with growth in airtime sales and adjusted EBITDA, supported by strategic partnerships with Starlink and Cognitive Networks.
While facing challenges in cash balance and CapEx reduction, the company's strengths in revenue generation and market positioning provide a foundation for future growth and innovation.
With a revised EBITDA guidance and narrowed revenue outlook, KVH Industries remains optimistic about their financial prospects and market opportunities in the mobile connectivity sector.

KVH Industries reports Q4 contraction, eyes mobile connectivity growth

KVH Industries faced challenges in Q4 2023 due to competitive headwinds, resulting in a sequential subscriber contraction. Despite this, the company is focusing on strengths in mobile connectivity and new service offerings, while preparing for future demand by building inventory.

KVH Industries adapts to industry shifts with new products and reorganization

KVH Industries faces revenue challenges but maintains operational stability with positive adjusted EBITDA.
Strategic reorganization efforts and new product offerings position KVH for growth and cost savings.
Adapting to industry changes by integrating new services presents opportunities for revenue diversification and market competitiveness.

KVH Industries adapts to maritime industry changes, eyes revenue growth

KVH Industries navigated challenges in the maritime industry by repositioning itself and achieving cost savings through reorganization efforts.
Despite a decrease in revenue and cash balance, the company capitalized on opportunities by expanding services, signing key agreements, and anticipating subscriber growth.
Maintaining financial expectations for 2024, KVH Industries remains focused on growth strategies and operational efficiency to drive future performance and market presence.

KVH Industries reports Q3 revenue decline but shows product strength

KVH Industries faced revenue decline but showcased strengths in product demand and profitability through new services and improved margins.
Operational challenges included responding to satellite disruptions, while opportunities lie in market expansion and service rollout.
The company's financial performance remained stable with adjusted EBITDA of $2.9 million and increased cash balance.

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KVH entered into purchase and sales agreements for its Rhode Island office and factory. KVH's Board also authorized a share repurchase program up to $10M.

KVH Announces Purchase and Sales Agreements for Rhode Island Office and Factory, Approval for Share Buyback Program

MIDDLETOWN, R.I., Dec. 10, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), today announced that Seaspan Corporation (Seaspan), a world leading independent containership lessor, has signed an agreement to equip its fleet with the OneWeb advanced low earth orbit (LEO) satellite offering from KVH. This marks the next step in Seaspan's drive to deliver shore-like Internet connectivity at sea, supporting its digital transformation strategy and augmenting its fleet's existing LEO services.

Seaspan Selects KVH to Equip Fleet with OneWeb Low Earth Orbit Solution

MIDDLETOWN, R.I., Dec. 05, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), today announced that, together with international shipping leader Vroon, they have completed the deployment of Starlink/VSAT hybrid connectivity aboard 58 Vroon vessels. The hybrid configuration employs new Starlink Flat High Performance Terminals and Starlink service configured to work in concert with the existing KVH TracPhone® V7-HTS VSAT terminals and Iridium Certus units already onboard Vroon's fleet.

Vroon and KVH Complete Deployment of Starlink/VSAT Hybrid Connectivity on 58 Vessels

Powered by KVH Fusion eSIM technology, TracNet Coastal is a high-powered, single-cable, marine-grade cellular/Wi-Fi solution with data service connectivity in 135 countries Powered by KVH Fusion eSIM technology, TracNet Coastal is a high-powered, single-cable, marine-grade cellular/Wi-Fi solution with data service connectivity in 135 countries

KVH Introduces TracNet™ Coastal and TracNet Coastal Pro 5G/Wi-Fi Terminals and Cellular Data Plans

KVH Industries, Inc. (NASDAQ:KVHI ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Anthony Pike - CFO & Chief Accounting Officer Brent Bruun - President, CEO & Director Conference Call Participants Christopher Quilty - Quilty Space Operator Good day, and thank you for standing by. Welcome to the KVH Industries Third Quarter 2024 Earnings Conference Call.

KVH Industries, Inc. (KVHI) Q3 2024 Earnings Conference Call Transcript

Under the terms of an agreement signed this summer, more than 75 Pacific Basin ships equipped with KVH VSAT service have received updated TracPhone terminals plus new Starlink, with network management via the CommBox Edge Communications Gateway Under the terms of an agreement signed this summer, more than 75 Pacific Basin ships equipped with KVH VSAT service have received updated TracPhone terminals plus new Starlink, with network management via the CommBox Edge Communications Gateway

KVH and Pacific Basin Completing Hybrid Connectivity and Network Management Upgrade

MIDDLETOWN, R.I., Sept. 24, 2024 (GLOBE NEWSWIRE) -- The members of the National Marine Electronics Association recognized the performance and reliability of the TracVision® UHD7 satellite TV system from KVH Industries, Inc. (Nasdaq: KVHI) during the 2024 NMEA Conference. The advanced maritime entertainment system received the 2024 Product of Excellence Award in the Satellite TV Antenna category. It marked the 27th consecutive year that a KVH TracVision system has been honored in the marine satellite TV category.

National Marine Electronics Association Names KVH TracVision UHD7 Its 2024 Satellite TV Product of Excellence

KVH Industries, Inc. (NASDAQ:KVHI ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Anthony Pike - CFO Brent Bruun - CEO Conference Call Participants Chris Quilty - Quilty Space Operator Good day and thank you for standing by. Welcome to the Q2 2024 KVH Industries, Inc. Earnings Conference Call.

KVH Industries, Inc. (KVHI) Q2 2024 Earnings Call Transcript

MIDDLETOWN, R.I., Aug. 01, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), reported financial results for the quarter ended June 30, 2024 today. The company will hold a conference call to discuss these results at 9:00 a.m. ET today, which can be accessed at investors.kvh.com. Following the call, a replay of the webcast will be available through the company's website.

KVH Industries Reports Second Quarter 2024 Results

MIDDLETOWN, R.I., July 29, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), will announce its financial results for the second quarter that ended on June 30, 2024, on Thursday, August 1, 2024. In conjunction with the release, the company will conduct its investor conference call at 9:00 a.m. ET, hosted by Mr. Brent Bruun, CEO and Mr. Anthony Pike, CFO.

KVH Industries to Host Second Quarter Conference Call on August 1, 2024

Company also expands portfolio of available Starlink terminals to deliver more options and versatility to maritime users Company also expands portfolio of available Starlink terminals to deliver more options and versatility to maritime users

KVH Signs Pooled Data Agreement with Starlink

KVH Industries, Inc. (NASDAQ:KVHI ) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants Anthony Pike - Chief Financial Officer Brent Bruun - Chief Executive Officer Conference Call Participants Chris Quilty - Quilty Space Operator Good day and thank you for standing by. Welcome to Q1 2024 KVH Industries Inc. Earnings Conference Call.

KVH Industries, Inc. (KVHI) Q1 2024 Earnings Call Transcript

MIDDLETOWN, R.I., May 06, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI) reported financial results for the quarter ended March 31, 2024 today. The company will hold a conference call to discuss these results at 4:30 p.m. ET today, which can be accessed at investors.kvh.com. Following the call, a replay of the webcast will be available through the company's website.

KVH Industries Reports First Quarter 2024 Results

MIDDLETOWN, R.I., May 01, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), will announce its financial results for the first quarter that ended on March 31, 2024, on Monday, May 6, 2024. In conjunction with the release, the company will conduct its investor conference call at 4:30 p.m. ET, hosted by Mr. Brent Bruun, CEO and Mr. Anthony Pike, CFO.

KVH Industries to Host First Quarter Conference Call on May 6, 2024

MIDDLETOWN, R.I., March 15, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), reported financial results for the quarter and full year ended December 31, 2023 today. The company will hold a conference call to discuss these results at 9:00 a.m. ET today, which can be accessed at investors.kvh.com. Following the call, a replay of the webcast will be available through the company's website.

KVH Industries Reports Fourth Quarter and Full Year 2023 Results

MIDDLETOWN, R.I., March 13, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), will announce its financial results for the fourth quarter and fiscal year that ended on December 31, 2023, on Friday, March 15, 2024. In conjunction with the release, the company will conduct its investor conference call at 9:00 a.m. ET, hosted by Mr. Brent Bruun, CEO and Mr. Roger Kuebel, CFO.

KVH Industries to Host Fourth Quarter/Year-end Conference Call on March 15, 2024

Underpins KVH's Strategic Evolution to Become Leading Solutions-Driven Provider of Integrated Multi-Orbit, Multi-Channel Connectivity and Services

KVH Announces Transformative Initiatives

Agreement with Low Earth Orbit (LEO) Connectivity Provider Eutelsat OneWeb Will Enable KVH to Deliver Next-generation Global Data Services to Maritime Customers Agreement with Low Earth Orbit (LEO) Connectivity Provider Eutelsat OneWeb Will Enable KVH to Deliver Next-generation Global Data Services to Maritime Customers

KVH Expands Multi-orbit Hybrid Network with Eutelsat OneWeb High-speed, Low-latency Service

KVH Link's news from home, movies and TV programming, social activities, and sports offer fleet and crewing managers an easy means of supporting crew welfare KVH Link's news from home, movies and TV programming, social activities, and sports offer fleet and crewing managers an easy means of supporting crew welfare

Fleets Facing Need to Improve Crew Morale and Wellbeing Turn to KVH for Content Services

Leading maritime industry organization SAFETY4SEA recognizes KVH for providing connectivity services that enhance crew welfare Leading maritime industry organization SAFETY4SEA recognizes KVH for providing connectivity services that enhance crew welfare

KVH Crew Wellbeing Solutions Honored with 2023 CAREER4SEA Europort Award

KVH Industries, Inc. (NASDAQ:KVHI ) Q3 2023 Earnings Conference Call November 9, 2023 9:00 AM ET Company Participants Roger Kuebel - Chief Financial Officer Brent Bruun - Chief Executive Officer Bob Balog - Chief Operating Officer Conference Call Participants Chris Quilty - Quilty Space Ryan Koontz - Needham & Company Operator Good day and thank you for standing by. Welcome to the Q3 2023 KVH Industries Inc. Earnings Conference Call.

KVH Industries, Inc. (KVHI) Q3 2023 Earnings Call Transcript

MIDDLETOWN, R.I., Nov. 09, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), reported financial results for the quarter ended September 30, 2023 today. The company will hold a conference call to discuss these results at 9:00 a.m. ET today, which can be accessed at investors.kvh.com. Following the call, a replay of the webcast will be available through the company's website.

KVH Industries Reports Third Quarter 2023 Results

MIDDLETOWN, R.I., Nov. 07, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), will announce its financial results for the third quarter that ended September 30, 2023, on Thursday, November 9, 2023. In conjunction with the release, the company will conduct its investor conference call at 9:00 a.m. ET, hosted by Mr. Brent Bruun, CEO and Mr. Roger Kuebel, CFO.

KVH Industries to Host Third Quarter Conference Call on November 9, 2023

New technology partnership will enhance the feature set of the KVH's widely fielded connectivity terminals New technology partnership will enhance the feature set of the KVH's widely fielded connectivity terminals

KVH and Kognitive Networks Sign Exclusive Maritime Agreement

Leading maritime industry group lauds KVH's groundbreaking integrated satcom, 5G, and Wi-Fi communications system while recognizing KVH's premier marine satellite TV solutions for the 26th consecutive year Leading maritime industry group lauds KVH's groundbreaking integrated satcom, 5G, and Wi-Fi communications system while recognizing KVH's premier marine satellite TV solutions for the 26th consecutive year

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