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KVH: Q1 Earnings Snapshot

By AP News - May 04, 2023, 04:18 PM ET
Last Updated - Jun 21, 2023, 10:40 PM EDT
KVH: Q1 Earnings Snapshot

MIDDLETOWN, R.I. (AP) — MIDDLETOWN, R.I. (AP) — KVH Industries Inc. (KVHI) on Thursday reported a loss of $12,000 in its first quarter.

On a per-share basis, the Middletown, Rhode Island-based company said it had a loss of less than 1 cent. Earnings, adjusted for stock option expense and non-recurring costs, came to 3 cents per share.

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The maker of mobile communication and navigation equipment posted revenue of $33.7 million in the period.

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