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 Q4 2020

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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.

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Nova Electronics is managing the rollout of KVH VSAT equipment and services on the vessels Nova Electronics is managing the rollout of KVH VSAT equipment and services on the vessels

KVH Provides Global VSAT Connectivity to A.M. Nomikos Vessels and Crew

The AgilePlans program accelerates HTS VSAT adoption as a monthly subscription with no costly CAPEX The AgilePlans program accelerates HTS VSAT adoption as a monthly subscription with no costly CAPEX

KVH Provides AgilePlans VSAT Services for Briese Schiffahrt Vessels and Crew

KVH's DSP-1750 fiber optic gyro will be used by Escribano to stabilize its Guardian 30 remotely controlled turret for Spanish Army vehicles KVH's DSP-1750 fiber optic gyro will be used by Escribano to stabilize its Guardian 30 remotely controlled turret for Spanish Army vehicles

KVH Receives $7.9 Million Fiber Optic Gyro Order for Remote Weapons Systems

KVH Industries, Inc. (KVHI) CEO Martin Kits van Heyningen on Q2 2021 Results - Earnings Call Transcript

KVH Industries Inc (NASDAQ: KVHI) reported second-quarter FY21 revenue growth of 17% year-on-year to $43.4 million, beating the analyst consensus of $41.3 million Product revenues rose 23.8% Y/Y to $17.3 million due to higher inertial navigation and mobile connectivity product sales.

KVH Industries Beats On Q2 Earnings, Posts Positive EBITDA Margin, Reiterates FY21 Guidance

KVH (KVHI) delivered earnings and revenue surprises of 50.00% and 7.60%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

KVH Industries (KVHI) Reports Q2 Loss, Tops Revenue Estimates

Shares of KVH Industries (NASDAQ:KVHI) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share increased 44.44% over the past year to ($0.05), which beat the estimate of ($0.11).

KVH Industries: Q2 Earnings Insights

MIDDLETOWN, R.I., July 30, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), reported financial results for the quarter ended June 30, 2021 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 2021 Results

MIDDLETOWN, R.I., July 26, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the second quarter that ended June 30, 2021, on Friday, July 30, 2021. In conjunction with the release, the company will conduct its investor conference call at 9:00 a.m. ET, hosted by Mr. Martin Kits van Heyningen, CEO and Mr. Roger Kuebel, CFO.

KVH Industries to Host Second Quarter Conference Call on July 30, 2021

KVH (KVHI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate KVH Industries (KVHI) to Report a Decline in Earnings: What to Look Out for

Rollout of KVH services has begun for an oceangoing fleet Rollout of KVH services has begun for an oceangoing fleet

RIX Shipmanagement Selects KVH AgilePlans VSAT Connectivity to Improve Crew Welfare and Optimize Operations

Voyage informatics platform Podium's creator, StratumFive, has joined KVH Industries Inc's (NASDAQ: KVHI) KVH Watch Solution Partner program to enhance data flow from ship to shore. KVH Watch's dedicated connectivity will support StratumFive's ability to help vessels achieve efficiencies in tracking, routing, safety, security, fuel consumption, and emissions.

KVH Industries, StratumFive Collaborate For KVH Watch Voyage Solution

Voyage informatics specialist StratumFive will offer KVH Watch connectivity to accelerate the transmission of data from vessel to onshore experts Voyage informatics specialist StratumFive will offer KVH Watch connectivity to accelerate the transmission of data from vessel to onshore experts

KVH Partners with StratumFive for KVH Watch Maritime IoT Solution

This daily service provides updates on the results, table positionings, and reports for the duration of the European soccer championships and the Summer Games This daily service provides updates on the results, table positionings, and reports for the duration of the European soccer championships and the Summer Games

Anglo-Eastern Chooses KVH's NEWSlink Special Edition Sports Package as Morale Booster for Their Crew

MIDDLETOWN, R.I.--(BUSINESS WIRE)--KVH Industries, Inc. (Nasdaq: KVHI), today announced the preliminary vote results of the Company's 2021 annual meeting of shareholders, as provided by its proxy solicitor. Based on these preliminary results, both of the Company's nominees, Cielo Hernandez and Cathy-Ann Martine-Dolecki, have been elected to the KVH Board of Directors by a significant margin. KVH issued the following statement: We want to thank our shareholders for their engagement and support t

KVH Industries Shareholders Elect Both of Company's Director Nominees at 2021 Annual Meeting

Using LTE Advanced technology, the new system provides fast and affordable connectivity up to 20 miles offshore, in more than 150 countries Using LTE Advanced technology, the new system provides fast and affordable connectivity up to 20 miles offshore, in more than 150 countries

KVH Introduces TracPhone LTE-1 Global Cellular Marine Communications Solution for Offshore Internet Access

NEW YORK--(BUSINESS WIRE)--VIEX Capital Advisors, LLC and the other participants in its solicitation (collectively, the “VIEX-led investor group” or “we”) today issued the below statement in response to the director candidate Q&A released by KVH Industries, Inc. (NASDAQ: KVHI) (“KVH” or the “Company”) on June 14, 2021. The VIEX-led investor group is seeking to elect two highly-qualified individuals – John Mutch and Eric Singer – to KVH's Board of Directors (the “Board”) at the Annual Meetin

VIEX Capital Comments on Disingenuous Director Candidate Q&A Issued by KVH Industries, Inc.

MIDDLETOWN, R.I.--(BUSINESS WIRE)--KVH Industries, Inc. (Nasdaq: KVHI), today published a Q&A with its two director nominees, Cielo Hernandez and Cathy-Ann Martine-Dolecki, in connection with the Company's upcoming annual meeting of shareholders to be held on June 17, 2021. The Q&A is also available at: https://protectkvh.com/wp-content/uploads/2021/06/QA-with-Cielo-Hernandez-and-Cathy-Ann-Martine-Dolecki_June-2021.pdf KVH's Nominees in Their Own Words How do you think your industry exp

KVH Industries Publishes Q&A with Director Nominees Cielo Hernandez and Cathy-Ann Martine-Dolecki

NEW YORK--(BUSINESS WIRE)--VIEX Capital Advisors, LLC and the other participants in its solicitation (collectively, the “VIEX-led investor group” or “we”) today issued the below open letter to stockholders of KVH Industries, Inc. (NASDAQ: KVHI) (“KVH” or the “Company”) regarding the Company's Annual Meeting of Stockholders (the “Annual Meeting”). The VIEX-led investor group is seeking to elect two highly-qualified individuals – John Mutch and Eric Singer – to KVH's Board of Directors (the “Boar

VIEX Capital Issues Letter to Stockholders of KVH Industries, Inc.

Service available now in Caribbean, Mediterranean, and New England; speeds as fast as 40 Mbps planned starting July Service available now in Caribbean, Mediterranean, and New England; speeds as fast as 40 Mbps planned starting July

KVH Elite Unlimited VSAT Streaming Service for Yachts Expands to Eastern North America

MIDDLETOWN, R.I.--(BUSINESS WIRE)--KVH Industries, Inc., (Nasdaq: KVHI) (“KVH” or the “Company”), today announced that leading proxy advisory firm Institutional Shareholder Services (“ISS”) has recommended that KVH shareholders vote FOR the Company's two highly qualified candidates – Cielo Hernandez and Cathy-Ann Martine-Dolecki – to the Board of Directors (the “Board”) on the BLUE proxy card ahead of KVH's Annual Meeting of Shareholders to be held on June 17, 2021. In its report, ISS specifica

Leading Independent Proxy Advisory Firm ISS Recommends KVH Shareholders Vote FOR Company's Two Independent and Highly Qualified Director Nominees on the BLUE Proxy Card

MIDDLETOWN, R.I.--(BUSINESS WIRE)--The independent members of the Board of Directors (the “Independent Directors”) of KVH Industries, Inc., (Nasdaq: KVHI) – Mark S. Ain, Danielle M. Barrett, James Dodez, Stanley K. Honey, Robert Tavares and Charles R. Trimble – today issued a letter to shareholders in connection with the Company's upcoming annual meeting of shareholders to be held on June 17, 2021. The full text of the letter is available at: https://protectkvh.com/wp-content/uploads/2021/06/KV

Independent Directors of KVH Industries Issue Letter to Shareholders

KVH linkHUB provides licensed digital entertainment via encrypted content drives to vessels KVH linkHUB provides licensed digital entertainment via encrypted content drives to vessels

V.Ships Norway Subscribes to KVH linkHUB Service Providing Quality Movie and TV Entertainment for Seafarers

MIDDLETOWN, R.I.--(BUSINESS WIRE)--KVH Industries, Inc., (Nasdaq: KVHI) (“KVH” or the “Company”), today released a presentation to shareholders explaining why shareholders should elect the Company's two highly qualified candidates – Cielo Hernandez and Cathy-Ann Martine-Dolecki – to the Board of Directors (the “Board”) by voting on the BLUE proxy card ahead of KVH's Annual Meeting of Shareholders to be held on June 17, 2021. The presentation is available at: https://protectkvh.com/wp-content/up

KVH Industries Releases Investor Presentation in Advance of Annual Meeting Highlighting Business Momentum and Strategy to Deliver Long-Term Shareholder Value

MIDDLETOWN, R.I.--(BUSINESS WIRE)--KVH Industries, Inc., (Nasdaq: KVHI), today issued a letter to shareholders in connection with the Company's upcoming annual meeting of shareholders to be held on June 17, 2021. The full text of the letter is available at: https://protectkvh.com/wp-content/uploads/2021/05/KVH-Shareholder-Letter-May-17.pdf. The letter highlights the following: KVH is executing on a focused, long-term strategy to deliver value for shareholders and recently reported a 16% increas

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