KVH Industries (NASDAQ:KVHI) reported quarterly Adj losses of $(0.05) per share which missed the analyst consensus estimate of $(0.03) by 66.67 percent. This is a 266.67 percent decrease over earnings of $0.03 per share from the same period last year.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/8/2022 | Strong Buy → Mkt Perform | Raymond James | |
| 3/9/2022 | $16.00 → $13.00 | Strong Buy | Raymond James |
| 11/8/2021 | $16.00 | Outperform → Strong Buy | Raymond James |
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KVH Industries, Inc. (NASDAQ:KVHI) ("KVH" or the "Company") today announced that its Board of Directors (the "Board") has unanimously adopted a limited duration stockholder rights plan (the "Rights Plan"). The Rights Plan is intended to enable all shareholders to realize the full value of their investment in the Company. It is also intended to protect the Company and its shareholders from efforts to obtain control of KVH that the Board determines are not in the best interests of the Company and its shareholders. The Rights Plan will give the Board sufficient time to carefully evaluate the best use of the proceeds from Company's recently announced sale of its inertial navigation business a
MIDDLETOWN, R.I., June 22, 2022 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (NASDAQ:KVHI), today announced that its Board of Directors (the "Board") has appointed Brent C. Bruun as President and Chief Executive Officer and a member of the Board. The Board also appointed two seasoned industry executives, David Kagan and David Tolley, as directors of KVH. Mr. Bruun has served as KVH's Interim President and Chief Executive Officer since March 2022. He first joined KVH in 2008 and played a critical role in the growth of the Company's industry-leading mobile connectivity business. Cathy-Ann Martine-Dolecki, Chair of the Board, commented, "We would like to congratulate Brent on his appoi
Martin Kits van Heyningen to retire after 40 years of service at KVH Chief Operating Officer Brent Bruun to become Interim Chief Executive Officer Cathy-Ann Martine-Dolecki named new independent Chairman Company initiates search for new Chief Executive Officer KVH Industries, Inc., (NASDAQ:KVHI), today announced that its longstanding President and Chief Executive Officer, Martin Kits van Heyningen, is retiring from his executive and Board roles after more than 40 years at the Company. Mr. Kits van Heyningen is a co-founder of KVH and has served as President and a director since 1982, Chief Executive Officer since 1990 and as Chairman of the Board of Directors since 2007. He has been is
Raymond James downgraded KVH Industries from Strong Buy to Mkt Perform
Raymond James reiterated coverage of KVH Industries with a rating of Strong Buy and set a new price target of $13.00 from $16.00 previously
Raymond James upgraded KVH Industries from Outperform to Strong Buy and set a new price target of $16.00
The new agreement offers KVH increased flexibility in the development and sales of custom, cost-effective airtime plans using Starlink's mobile priority service. Under the agreement, KVH prepaid for access to a large block of Starlink data at favorable rates over a period of more than a year. In addition, KVH has added the Starlink Standard flat-panel terminals to its product offering alongside the Flat High Performance maritime terminal.
KVH Industries (NASDAQ:KVHI) reported quarterly losses of $(0.16) per share which beat the analyst consensus estimate of $(0.19) by 15.79 percent. This is a 900 percent decrease over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $29.267 million which missed the analyst consensus estimate of $31.880 million by 8.20 percent. This is a 14.28 percent decrease over sales of $34.143 million the same period last year.
KVH Industries (NASDAQ:KVHI) reported quarterly Adj losses of $(0.05) per share which missed the analyst consensus estimate of $(0.03) by 66.67 percent. This is a 266.67 percent decrease over earnings of $0.03 per share from the same period last year.
MIDDLETOWN, R.I., Nov. 07, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (NASDAQ:KVHI), reported financial results for the quarter ended September 30, 2024 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. Third Quarter 2024 Highlights Total revenues decreased by 13% in the third quarter of 2024 to $29.0 million from $33.2 million in the third quarter of 2023. Airtime revenue decreased $4.6 million, to $22.8 million, or 17%, in the third quarter of 2024 compared to the third quarter of
MIDDLETOWN, R.I., Nov. 05, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (NASDAQ:KVHI), will announce its financial results for the third quarter that ended on September 30, 2024, on Thursday, November 7, 2024. In conjunction with the release, the company will conduct its investor conference call at 9:00 a.m. ET, hosted by Mr. Brent Bruun, CEO and Mr. Anthony Pike, CFO. A live broadcast of the call will be available online at investors.kvh.com. In addition, an audio replay of the conference call will be available on the website for at least two weeks. To listen to the replay, visit investors.kvh.com starting three hours following the conclusion of the call. Investors who wish to submit
MIDDLETOWN, R.I., Nov. 04, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (NASDAQ:KVHI), today announced that it has substantially completed a 75-vessel connectivity upgrade for commercial dry bulk operator Pacific Basin Shipping, a longtime KVH customer. KVH is delivering worldwide communications to more than 75 Pacific Basin vessels using the KVH ONE® multi-orbit, multi-channel network, including the addition of Low Earth Orbit service via Starlink. These vessels are using KVH TracPhone® V7-HTS terminals, new Starlink Flat High Performance terminals, and KVH's CommBox™ Edge Communications Gateway onboard. This upgrade was carried out under the terms of a new agreement signed in July 2024.
MIDDLETOWN, R.I., Nov. 07, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (NASDAQ:KVHI), reported financial results for the quarter ended September 30, 2024 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. Third Quarter 2024 Highlights Total revenues decreased by 13% in the third quarter of 2024 to $29.0 million from $33.2 million in the third quarter of 2023. Airtime revenue decreased $4.6 million, to $22.8 million, or 17%, in the third quarter of 2024 compared to the third quarter of
MIDDLETOWN, R.I., Nov. 05, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (NASDAQ:KVHI), will announce its financial results for the third quarter that ended on September 30, 2024, on Thursday, November 7, 2024. In conjunction with the release, the company will conduct its investor conference call at 9:00 a.m. ET, hosted by Mr. Brent Bruun, CEO and Mr. Anthony Pike, CFO. A live broadcast of the call will be available online at investors.kvh.com. In addition, an audio replay of the conference call will be available on the website for at least two weeks. To listen to the replay, visit investors.kvh.com starting three hours following the conclusion of the call. Investors who wish to submit
MIDDLETOWN, R.I., Aug. 01, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (NASDAQ:KVHI), reported financial results for the quarter ended June 30, 2024 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. Second Quarter 2024 Highlights Total revenues decreased by 15% in the second quarter of 2024 to $28.7 million from $33.6 million in the second quarter of 2023.Airtime revenue decreased $3.9 million, to $23.0 million, or 15%, in the second quarter of 2024 compared to the second quarter of 2023.We reco
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