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Stock impact report

KVH Industries Reports First Quarter 2020 Results

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: GlobeNewswire
MIDDLETOWN, R.I., May 01, 2020 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI) reported financial results for the quarter ended March 31, 2020 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. First Quarter 2020 Highlights Total revenue from continuing operations increased by 1% in the first quarter of 2020 to $36.6 million compared to $36.4 million in the first quarter of 2019.AgilePlans, our Connectivity as a Service program for the commercial maritime sector, amounted to 78% of total commercial maritime mini-VSAT Broadband shipments, and 63% of the total mini-VSAT Broadband shipments for the quarter.AgilePlans revenues were up more than 85% compared to the first quarter of 2019 and now represent 29% of subscribers.Overall, total mini-VSAT Broadband product shipments for the first quarter Show less Read more
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