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.

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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.

KVH Industries reports Q3 revenue decline but shows product strength

KVH Industries faced revenue decline but showcased strengths in product demand and profitability through new services and improved margins.
Operational challenges included responding to satellite disruptions, while opportunities lie in market expansion and service rollout.
The company's financial performance remained stable with adjusted EBITDA of $2.9 million and increased cash balance.

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Service available now in Caribbean, Mediterranean, and New England; speeds as fast as 40 Mbps planned starting July Service available now in Caribbean, Mediterranean, and New England; speeds as fast as 40 Mbps planned starting July

KVH Elite Unlimited VSAT Streaming Service for Yachts Expands to Eastern North America

MIDDLETOWN, R.I.--(BUSINESS WIRE)--KVH Industries, Inc., (Nasdaq: KVHI) (“KVH” or the “Company”), today announced that leading proxy advisory firm Institutional Shareholder Services (“ISS”) has recommended that KVH shareholders vote FOR the Company's two highly qualified candidates – Cielo Hernandez and Cathy-Ann Martine-Dolecki – to the Board of Directors (the “Board”) on the BLUE proxy card ahead of KVH's Annual Meeting of Shareholders to be held on June 17, 2021. In its report, ISS specifica

Leading Independent Proxy Advisory Firm ISS Recommends KVH Shareholders Vote FOR Company's Two Independent and Highly Qualified Director Nominees on the BLUE Proxy Card

MIDDLETOWN, R.I.--(BUSINESS WIRE)--The independent members of the Board of Directors (the “Independent Directors”) of KVH Industries, Inc., (Nasdaq: KVHI) – Mark S. Ain, Danielle M. Barrett, James Dodez, Stanley K. Honey, Robert Tavares and Charles R. Trimble – today issued a letter to shareholders in connection with the Company's upcoming annual meeting of shareholders to be held on June 17, 2021. The full text of the letter is available at: https://protectkvh.com/wp-content/uploads/2021/06/KV

Independent Directors of KVH Industries Issue Letter to Shareholders

KVH linkHUB provides licensed digital entertainment via encrypted content drives to vessels KVH linkHUB provides licensed digital entertainment via encrypted content drives to vessels

V.Ships Norway Subscribes to KVH linkHUB Service Providing Quality Movie and TV Entertainment for Seafarers

MIDDLETOWN, R.I.--(BUSINESS WIRE)--KVH Industries, Inc., (Nasdaq: KVHI) (“KVH” or the “Company”), today released a presentation to shareholders explaining why shareholders should elect the Company's two highly qualified candidates – Cielo Hernandez and Cathy-Ann Martine-Dolecki – to the Board of Directors (the “Board”) by voting on the BLUE proxy card ahead of KVH's Annual Meeting of Shareholders to be held on June 17, 2021. The presentation is available at: https://protectkvh.com/wp-content/up

KVH Industries Releases Investor Presentation in Advance of Annual Meeting Highlighting Business Momentum and Strategy to Deliver Long-Term Shareholder Value

MIDDLETOWN, R.I.--(BUSINESS WIRE)--KVH Industries, Inc., (Nasdaq: KVHI), today issued a letter to shareholders in connection with the Company's upcoming annual meeting of shareholders to be held on June 17, 2021. The full text of the letter is available at: https://protectkvh.com/wp-content/uploads/2021/05/KVH-Shareholder-Letter-May-17.pdf. The letter highlights the following: KVH is executing on a focused, long-term strategy to deliver value for shareholders and recently reported a 16% increas

KVH Industries Issues Letter to Shareholders and Files Definitive Proxy

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

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