KVH Industries Inc reports results for the quarter ended in December - Earnings Summary

KVH Industries

16/03/2023 18:22

* KVH Industries Inc  KVHI.OQ  reported quarterly adjusted
earnings of 9 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 3 cents per share.
    * Revenue fell 16.5% to $36.01 million from a year ago;
analysts
expected $34.29 million. 
    * KVH Industries Inc's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 39.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * KVH Industries Inc shares had fallen by 4.3% this quarter.
    * The company reported quarterly net income of $591
thousand.
    * Wall Street's median 12-month price target for KVH
Industries
Inc is $13.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 16 at 06:22 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.03           0.09           Beat
 Sep. 30 2022      0.01           0.06           Beat
 Jun. 30 2022      -0.08          0.04           Beat
 Mar. 31 2022      -0.12          -0.05          Beat