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Stock impact report

KVH Announces Transformative Initiatives [Yahoo! Finance]

KVH Industries, Inc. (KVHI) 
Last kvh industries, inc. earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kvh.com
Company Research Source: Yahoo! Finance
Announces Wind Down of Hardware Manufacturing, Realignment of Resources and Leadership Changes to Better Address Market Dynamics and Long-Term Opportunities Anthony Pike to Become Chief Financial Officer Richard Driscoll to Become Chief Technology Officer MIDDLETOWN, R.I., Feb. 13, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (“KVH” or the “Company”) (Nasdaq: KVHI), today announced plans to wind down its hardware manufacturing operations to focus on strengthening its position as a streamlined provider of multi-orbit, multi-channel, integrated communications solutions. This development follows the Company's recently announced additions of Starlink and Eutelsat OneWeb to its connectivity portfolio and its exclusive maritime agreement with Kognitive Networks. The Company also announced changes to its management team. Looking ahead, KVH is positioning to maintain its mobile-connectivity leadership as a hardware-agnostic provider of integrated communication solutions with a seaml Show less Read more
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