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

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

KVH Industries, Inc. (KVHI) CEO Martin Kits van Heyningen on Q1 2021 Results - Earnings Call Transcript

Second consecutive quarter of record shipments for the #1 maritime VSAT provider by units Second consecutive quarter of record shipments for the #1 maritime VSAT provider by units

KVH Ships Record Number of VSAT Units in First Quarter 2021

Shares of KVH Industries (NASDAQ:KVHI) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share rose 80.00% year over year to ($0.05), which beat the estimate of ($0.15).

KVH Industries: Q1 Earnings Insights

MIDDLETOWN, R.I., May 05, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), reported financial results for the quarter ended March 31, 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 First Quarter 2021 Results

MIDDLETOWN, R.I.--(BUSINESS WIRE)--KVH Industries, Inc., (Nasdaq: KVHI), a leading provider of mobile connectivity and inertial navigation solutions, announced today that it has nominated two new highly qualified independent director candidates, Cielo Hernandez and Cathy-Ann Martine-Dolecki, for election to the KVH Board of Directors (the “Board”) at the Company's upcoming 2021 Annual Meeting of Stockholders (the “Annual Meeting”). On behalf of the Board, Martin Kits van Heyningen, KVH's chairm

KVH to Further Refresh Its Board of Directors

MIDDLETOWN, R.I., April 29, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the first quarter that ended March 31, 2021, on Wednesday, May 5, 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 First Quarter Conference Call on May 5, 2021

The new inertial measurement units (IMUs) feature increased performance designed to meet the needs of autonomous tech applications The new inertial measurement units (IMUs) feature increased performance designed to meet the needs of autonomous tech applications

KVH Introduces P-series IMUs with PIC Technology and New Accelerometers

Faster download speeds and worldwide coverage enhance the AgilePlans Regional offering Faster download speeds and worldwide coverage enhance the AgilePlans Regional offering

KVH Increases Data Speed and Expands Coverage for AgilePlans Solution Designed for Smaller Commercial Vessels

Innovative system features single-cable, DC-powered design, integrated modem in the dome for higher signal strength and efficiency, and compact belowdecks unit with built-in Wi-Fi Innovative system features single-cable, DC-powered design, integrated modem in the dome for higher signal strength and efficiency, and compact belowdecks unit with built-in Wi-Fi

KVH Introduces High Performance, Easy-to-install TracPhone V30 Marine VSAT Antenna for Affordable Internet at Sea

Marine services expert Tile Marine will offer KVH Watch connectivity to enable remote monitoring and troubleshooting Marine services expert Tile Marine will offer KVH Watch connectivity to enable remote monitoring and troubleshooting

KVH Partners with Tile Marine for KVH Watch Maritime IoT Solution

KVH's widely fielded tactical navigation system now upgraded with its patented PIC technology KVH's widely fielded tactical navigation system now upgraded with its patented PIC technology

KVH Offers TACNAV 3D with Photonic Integrated Chip Technology

Shares of KVH Industries (NASDAQ:KVHI) decreased 4.3% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 333.33% over the past year to $0.07, which beat the estimate of $0.02.

KVH Industries: Q4 Earnings Insights

MIDDLETOWN, R.I., March 02, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), a leading provider of mobile connectivity and inertial navigation solutions, announced today that it has named Roger A. Kuebel as its new Chief Financial Officer. Brent Bruun will continue in his role as Chief Operating Officer, but will relinquish his position as Interim CFO upon Mr. Kuebel's joining the Company on March 8, 2021.

KVH Industries Names Roger A. Kuebel as new CFO

MIDDLETOWN, R.I., March 02, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), a leading provider of innovative, technology-driven connectivity and navigation solutions, today reported financial results for the fourth quarter and full year ended December 31, 2020. 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 2020 Results

MIDDLETOWN, R.I., March 01, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the fourth quarter and fiscal year that ended December 31, 2020, on Tuesday, March 2, 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. Brent Bruun, COO/CFO.

KVH Industries to Host Fourth Quarter/Year-end Conference Call on March 2, 2021

Remote vessel and voyage management platform Smart Ship Hub will offer KVH Watch connectivity to enable actionable insights for vessels

KVH Partners with Smart Ship Hub for KVH Watch Maritime IoT Solution

IoT platform provider TechBinder will offer KVH Watch connectivity to enable data-driven fleet optimization IoT platform provider TechBinder will offer KVH Watch connectivity to enable data-driven fleet optimization

KVH Partners with TechBinder for KVH Watch Maritime IoT Solution

Vessel optimization expert GreenSteam will offer KVH Watch connectivity to enhance ship to shore data sharing and reduce vessel emissions Vessel optimization expert GreenSteam will offer KVH Watch connectivity to enhance ship to shore data sharing and reduce vessel emissions

KVH Partners with GreenSteam for KVH Watch Maritime IoT Solution

Marine technical services provider Kilo Marine will offer KVH Watch connectivity to monitor and troubleshoot vessel equipment in real time Marine technical services provider Kilo Marine will offer KVH Watch connectivity to monitor and troubleshoot vessel equipment in real time

KVH Partners with Kilo Marine for KVH Watch Maritime IoT Solution

MIDDLETOWN, R.I., Jan. 13, 2021 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), CEO, Martin Kits van Heyningen, and COO/CFO, Brent Bruun, will be speaking at the 23rd Annual Needham Virtual Growth Conference on Friday, January 15, 2021. The presentation, which is scheduled for 10:45 a.m. ET will be simulcast on the Internet and can be accessed via KVH Industries' investor website, investors.kvh.com. An archive of the presentation will also be available for replay later in the day at the same website address.

KVH Industries' CEO & COO/CFO to Speak at 23rd Annual Needham Growth Conference

Data analytics innovator ioCurrents will offer KVH Watch connectivity as part of their vessel maintenance and optimization services Data analytics innovator ioCurrents will offer KVH Watch connectivity as part of their vessel maintenance and optimization services

KVH Partners with ioCurrents for KVH Watch Maritime IoT Solution

Marine services expert TMS will offer KVH Watch connectivity as part of its remote vessel support solutions Marine services expert TMS will offer KVH Watch connectivity as part of its remote vessel support solutions

KVH Partners with TMS Maritime Solutions for KVH Watch Maritime IoT Solution

Key areas for commercial fishing to benefit from additional HTS connectivity Key areas for commercial fishing to benefit from additional HTS connectivity

KVH Expands Maritime Network Coverage for Hudson Bay and North Atlantic

As of late, it has definitely been a great time to be an investor in KVH Industries (KVHI).

KVH Industries' (KVHI) Shares March Higher, Can It Continue?

The AgilePlans program accelerates HTS VSAT adoption as a monthly subscription with no costly CAPEX and no long-term commitment for commercial fleets The AgilePlans program accelerates HTS VSAT adoption as a monthly subscription with no costly CAPEX and no long-term commitment for commercial fleets

News for KVH Industries Stock (KVHI)