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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

As of late, it has definitely been a great time to be an investor in KVH Industries (KVHI).

KVH Industries' (KVHI) Shares March Higher, Can It Continue?

The AgilePlans program accelerates HTS VSAT adoption as a monthly subscription with no costly CAPEX and no long-term commitment for commercial fleets The AgilePlans program accelerates HTS VSAT adoption as a monthly subscription with no costly CAPEX and no long-term commitment for commercial fleets

Furuno Offers KVH AgilePlans Maritime VSAT Connectivity in Japan

KVH Industries, Inc. (KVHI) CEO Martin Kits van Heyningen on Q3 2020 Results - Earnings Call Transcript

KVH (KVHI) delivered earnings and revenue surprises of 160.00% and 6.78%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

KVH Industries (KVHI) Beats Q3 Earnings and Revenue Estimates

MIDDLETOWN, R.I., Oct. 29, 2020 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), reported financial results for the quarter ended September 30, 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.

KVH Industries Reports Third Quarter 2020 Results

MIDDLETOWN, R.I., Oct. 26, 2020 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the third quarter that ended September 30, 2020, on Thursday, October 29, 2020. 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, chief executive officer, Mr. Donald Reilly, chief financial officer, and Mr. Brent Bruun, chief operating officer.

KVH Industries to Host Third Quarter Conference Call on October 29, 2020

KVH’s TracPhone V3-HTS, TracVision UHD7, and TracPhone LTE-1 recognized at the NMEA Virtual Conference KVH’s TracPhone V3-HTS, TracVision UHD7, and TracPhone LTE-1 recognized at the NMEA Virtual Conference

National Marine Electronics Association Honors Three KVH Marine Systems with 2020 Product of Excellence Awards

MIDDLETOWN, R.I., Sept.  17, 2020  (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), a leading provider of mobile connectivity and inertial navigation solutions, announced today that its Chief Financial Officer (CFO), Don Reilly, has indicated his intention to retire later this year.  Mr. Reilly will transition his responsibilities as CFO to his interim successor and will stay on in a consulting or part-time capacity to facilitate a smooth transition to a permanent successor.  The Board of Directors appointed Brent Bruun as Interim CFO in addition to his Chief Operating Officer (COO) responsibilities, effective November 2, 2020.  The Board has initiated a process to identify a successor for Mr. Reilly.

KVH Industries Announces CFO Transition: Don Reilly to Retire; Brent Bruun Named Interim CFO/COO

New TracVision TV10 delivers expanded Ku-band HDTV coverage for yachts and commercial vessels worldwide New TracVision TV10 delivers expanded Ku-band HDTV coverage for yachts and commercial vessels worldwide

KVH Expands Award-winning TracVision Series with 1-meter Global Marine Satellite TV Antenna for Entertainment at Sea

Pacific Basin executive sends corporate video to more than 100 vessels and thousands of seafarers simultaneously using KVH YOURlink service Pacific Basin executive sends corporate video to more than 100 vessels and thousands of seafarers simultaneously using KVH YOURlink service

KVH YOURlink Helps Ship Operator Communicate with Crew During COVID-19

AgilePlans have been cash flow positive since Q4 2019 and now represents 16% of total revenue for FH 2020, up from 10% for FY 2019.

KVH Industries: Free Cash Flow Imminent

KVH Industries, Inc. (KVHI) CEO Martin Kits van Heyningen on Q2 2020 Results - Earnings Call Transcript

MIDDLETOWN, R.I., July  31, 2020  (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI) reported financial results for the quarter ended June 30, 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.

KVH Industries Reports Second Quarter 2020 Results

MIDDLETOWN, R.I., July  28, 2020  (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), will announce its financial results for the second quarter that ended June 30, 2020, on Friday, July 31, 2020.  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, chief executive officer, Mr. Donald Reilly, chief financial officer, and Mr. Brent Bruun, chief operating officer.

KVH Industries to Host Second Quarter Conference Call on July 31, 2020

KVH systems to be used on new-build military vehicles being fielded by an international customer KVH systems to be used on new-build military vehicles being fielded by an international customer

KVH Receives $10 Million Order for TACNAV Tactical Navigation Systems

Stockholders voted during annual meeting Stockholders voted during annual meeting

Danelle M. Barrett Elected to Board of Directors for KVH Industries

New patented technology is designed to enhance inertial sensor performance and reliability for the growing autonomous market New patented technology is designed to enhance inertial sensor performance and reliability for the growing autonomous market

KVH Launches New Inertial Sensor with Photonic Integrated Chip Technology

9F Inc - ADR

JinkoSolar Holding

Seagate Technology Holdings PLC

Xerox

As of June 17, the GuruFocus All-in-One Screener, a Premium feature, found that the following tech stocks have low price-earnings ratios and have been bought by gurus.

6 Tech Stocks Trading With Low Price-Earnings Ratios

Maritime innovator KVH’s VSAT-based IoT offerings are designed for deep sea use by equipment manufacturers and commercial vessels Maritime innovator KVH’s VSAT-based IoT offerings are designed for deep sea use by equipment manufacturers and commercial vessels

KVH Watch® Offers Remote Expert Intervention for Real-time Support at Sea Using High-speed Satellite Connectivity

KVH Industries, Inc. (KVHI) CEO Martin Kits van Heyningen on Q1 2020 Results - Earnings Call Transcript

Following the launch of KVH Elite in the Caribbean, KVH will offer the service to yachts in the Mediterranean beginning June 1 Following the launch of KVH Elite in the Caribbean, KVH will offer the service to yachts in the Mediterranean beginning June 1

KVH Adds Mediterranean Region to KVH Elite Unlimited VSAT Streaming Service for Yachts

Announces Agreement with Vintage Capital Management Announces Agreement with Vintage Capital Management

KVH Industries Appoints Robert Tavares to Board of Directors

KVH Industries, Inc. (KVHI) CEO Martin Kits Van Heyningen on Q4 2019 Results - Earnings Call Transcript

The all-inclusive, no-commitment VSAT service with the ultra-compact TracPhone V3-HTS is well-suited for vessels upgrading from legacy L-band The all-inclusive, no-commitment VSAT service with the ultra-compact TracPhone V3-HTS is well-suited for vessels upgrading from legacy L-band

KVH Expands Successful AgilePlans Service with Regional Solution for Smaller Commercial Vessels

KVH Link builds on KVH’s experience in providing crew wellbeing and operations content using its patented IP-MobileCast delivery technology KVH Link builds on KVH’s experience in providing crew wellbeing and operations content using its patented IP-MobileCast delivery technology

News for KVH Industries Stock (KVHI)