KVH Industries Reports First Quarter 2024 Results
KVH Industries, Inc. (KVHI)
Last kvh industries, inc. earnings: 5/1 07:00 am
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US:NASDAQ Investor Relations:
ir.kvh.com
Company Research
Source: GlobeNewswire
MIDDLETOWN, R.I., May 06, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI) reported financial results for the quarter ended March 31, 2024 today. The company will hold a conference call to discuss these results at 4:30 p.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 2024 Highlights Total revenues decreased by 14% in the first quarter of 2024 to $29.3 million from $34.1 million in the first quarter of 2023.Airtime revenue decreased $3.5 million, to $23.6 million, or 13%, in the first quarter of 2024 compared to the first quarter of 2023.We recorded $2.2 million of employee termination costs as a result of the staged wind-down of our manufacturing activities in our facility in Middletown, Rhode Island.Net loss in the first quarter of 2024 was $3.2 million, or $0.16 per share, compared to net income of $0.4 million, or $0.02 per share, in the first
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KVHI
News
- KVH Industries, Inc. (NASDAQ: KVHI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- KVH Industries Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- KVH Industries to Host First Quarter Conference Call on May 6, 2024 [Yahoo! Finance]Yahoo! Finance
- KVH Industries to Host First Quarter Conference Call on May 6, 2024GlobeNewswire
- KVH Industries, Inc. (NASDAQ: KVHI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
KVHI
Sec Filings
- 5/6/24 - Form 10-Q
- 5/6/24 - Form 8-K
- 4/29/24 - Form ARS
- KVHI's page on the SEC website