Brief: Kvh Industries Reports Q2 Loss Per Share $0.20 From Continuing Operations

KVH Industries

02/08/2019 12:10

Aug 2 (Reuters) - KVH Industries Inc  KVHI.O :
    * KVH INDUSTRIES REPORTS SECOND QUARTER 2019 RESULTS
    * Q2 NON-GAAP LOSS PER SHARE $0.10 FROM CONTINUING
OPERATIONS
    * Q2 LOSS PER SHARE $0.20 FROM CONTINUING OPERATIONS
    * Q2 EARNINGS PER SHARE $2.70
    * Q2 REVENUE $41 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$40.5
MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $-0.04 -- REFINITIV IBES
DATA
    * SEES Q3 REVENUE $39.0 MILLION - $42.0 MILLION
    * SEES Q3 GAAP LOSS PER SHARE $0.24 - $0.13
    * SEES Q3 ADJUSTED LOSS PER SHARE $0.14 - $0.05
    * SEES FY REVENUE $157 MILLION - $165 MILLION
    * SEES FY GAAP LOSS PER SHARE $1.00 - $0.71
    * SEES FY ADJUSTED LOSS PER SHARE $0.53 - $0.31
    * KVH INDUSTRIES - CONTINUE TO EXPECT AIRTIME GROSS MARGIN
WILL
GROW THROUGHOUT YEAR, AGILEPLANS PROGRAM WILL BE CASH FLOW
POSITIVE BY END OF YEAR
    * Q3 EARNINGS PER SHARE VIEW $-0.01, REVENUE VIEW $44.0
MILLION --
REFINITIV IBES DATA
    * FY2019 EARNINGS PER SHARE VIEW $-0.13, REVENUE VIEW $169.5
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXcc9XtM 
Further company coverage:  KVHI.O 

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