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 Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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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New reseller agreement enables KVH to sell the high-speed, low latency Starlink on its own or integrated with KVH TracNet terminals and the KVH ONE global network New reseller agreement enables KVH to sell the high-speed, low latency Starlink on its own or integrated with KVH TracNet terminals and the KVH ONE global network

KVH Enhances Maritime Hybrid Communication Solutions with Starlink

KVH Industries is a global leader in mobile connectivity for the maritime industry and provisions, internet, television content, voice services via satellite, and value-added services primarily for the commercial shipping industry. Valuation is compelling at ~2.3x 2023 EBITDA with over $3.50 per share in cash and no debt. At ~$5.26 per share, I think the stock can easily more than double. KVHI is near its 52-week low and, at $100M market cap, can easily return to its recent highs from April when it was trading near $12 per share.

KVH Industries: Compelling Misunderstood Technology Value That Could Easily Double

Agreement Establishes Long-term Geosynchronous Orbit (GEO) Foundation for KVH's Hybrid Maritime Connectivity Solutions Agreement Establishes Long-term Geosynchronous Orbit (GEO) Foundation for KVH's Hybrid Maritime Connectivity Solutions

KVH and Intelsat Reaffirm Satellite Partnership with Three-year Renewal

KVH Industries, Inc. (NASDAQ:KVHI ) Q2 2023 Earnings Conference Call August 9, 2023 9:00 AM ET Company Participants Roger Kuebel - Chief Financial Officer Brent Bruun - Chief Executive Officer Conference Call Participants Ryan Koontz - Needham & Co. Chris Quilty - Quilty Space Operator Good day and thank you for standing by. Welcome to the KVH Industries Second Quarter Earnings Conference.

KVH Industries, Inc. (KVHI) Q2 2023 Earnings Call Transcript

MIDDLETOWN, R.I., Aug. 09, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), reported financial results for the quarter ended June 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 Second Quarter 2023 Results

MIDDLETOWN, R.I., Aug. 03, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the second quarter that ended June 30, 2023, on Wednesday, August 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 Second Quarter Conference Call on August 9, 2023

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KVH Industries, Inc. (NASDAQ:KVHI ) Q1 2023 Results Conference Call May 4, 2023 5:30 PM ET Company Participants Roger Kuebel - CFO Brent Bruun - CEO Bob Balog - COO Conference Call Participants Caleb Henry - Quilty Space Operator Good day and thank you for standing by. Welcome to the Q1 2023 KVH, Inc. Earnings Conference Call.

KVH Industries, Inc. (KVHI) Q1 2023 Earnings Call Transcript

MIDDLETOWN, R.I., May 04, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), reported financial results for the quarter ended March 31, 2023 today. The company will hold a conference call to discuss these results at 5:30 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 2023 Results

MIDDLETOWN, R.I., May 02, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the first quarter that ended March 31, 2023, on Thursday, May 4, 2023. In conjunction with the release, the company will conduct its investor conference call at 5:30 p.m. ET, hosted by Mr. Brent Bruun, CEO and Mr. Roger Kuebel, CFO.

KVH Industries to Host First Quarter Conference Call on May 4, 2023

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KVH Industries, Inc. (NASDAQ:KVHI ) Q4 2022 Results Conference Call March 16, 2023 9:00 AM ET Company Participants Roger Kuebel - CFO Brent Bruun - CEO Bob Balog - COO Conference Call Participants Chris Quilty - Quilty Analytics Ryan Koontz - Needham Operator Hello, and welcome to the Quarter Four Year 2022 Earnings Conference Call. My name is Caroline, and I will be your coordinator for today's event.

KVH Industries, Inc. (KVHI) Q4 2022 Earnings Call Transcript

KVH (KVHI) delivered earnings and revenue surprises of 166.67% and 2.87%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

KVH Industries (KVHI) Q4 Earnings and Revenues Surpass Estimates

MIDDLETOWN, R.I., March 16, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), reported financial results for the quarter and full year ended December 31, 2022 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 2022 Results

MIDDLETOWN, R.I., March 14, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the fourth quarter and fiscal year that ended December 31, 2022, on Thursday, March 16, 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 Fourth Quarter/Year-end Conference Call on March 16, 2023

Boating, Yachting, Cruising World and Salt Water Sportsman recognize TracNet hybrid solution as a top marine electronics innovation Boating, Yachting, Cruising World and Salt Water Sportsman recognize TracNet hybrid solution as a top marine electronics innovation

KVH TracNet Wins Editors' Choice in Third-Annual Best Elex Awards

Leading maritime industry organization SAFETY4SEA recognizes TracNet hybrid solution for its contributions to vessel connectivity Leading maritime industry organization SAFETY4SEA recognizes TracNet hybrid solution for its contributions to vessel connectivity

KVH TracNet recognized with the 2023 SMART4SEA Connectivity Award

Agrees to Nominate Black Diamond Managing Principal Stephen Deckoff to Board of Directors at the 2023 Annual Meeting

KVH Industries Announces Support Agreement with Black Diamond Capital Management

KVH Managed Firewall and Cloud Email value-added services available to commercial fleets to enhance maritime connectivity using KVH TracNet and TracPhone solutions KVH Managed Firewall and Cloud Email value-added services available to commercial fleets to enhance maritime connectivity using KVH TracNet and TracPhone solutions

KVH Introduces New Enterprise-grade Cybersecurity and Email Services for Mariners

While sales growth has been small, cost improvements have led to EBITDA turning positive. The improvements in financials has lead to a strong share price performance so far compared to the broader market.

KVH Industries: Cost Improvements Lead To Potential Upside

KVH Industries, Inc. (NASDAQ:KVHI ) Q3 2022 Earnings Conference Call December 6, 2022 9:00 AM ET Company Participants Roger Kuebel - Chief Financial Officer Brent Bruun - President and Chief Executive Officer Robert Balog - Chief Technology Officer Conference Call Participants Richard Prentiss - Raymond James & Associates, Inc. Ryan Koontz - Needham & Company, LLC Christopher Quilty - Quilty Analytics, Inc. Operator Hello, and welcome to the KVH Industries Q3 2022 Earnings Call. My name is Laura, and I will be your coordinator for today's event.

KVH Industries, Inc. (KVHI) Q3 2022 Earnings Call Transcript

KVH (KVHI) delivered earnings and revenue surprises of 500% and 10.05%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

KVH Industries (KVHI) Q3 Earnings Top Estimates

MIDDLETOWN, R.I., Dec. 06, 2022 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), reported financial results for the quarter ended September 30, 2022 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 2022 Results

MIDDLETOWN, R.I., Dec. 05, 2022 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the third quarter that ended September 30, 2022, on Tuesday, December 6, 2022. 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 December 6, 2022

MIDDLETOWN, R.I., Nov. 21, 2022 (GLOBE NEWSWIRE) -- As previously disclosed in the Notification of Late Filing on Form 12b-25 filed by KVH Industries, Inc., (Nasdaq: KVHI) (“KVH”) with the Securities and Exchange Commission (the “SEC”) on November 10, 2022, KVH was unable to compile in a timely manner the information required to prepare its Quarterly Report on Form 10-Q for the three months ending September 30, 2022 (the “Form 10-Q”) without unreasonable effort or expense. KVH did not file the Form 10-Q by November 14, 2022, the extended due date permitted by Rule 12b-25. KVH is continuing its efforts to file the Form 10-Q as soon as practicable.

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