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

KVH Industries

09/08/2023 14:32

* KVH Industries Inc  KVHI.OQ  reported quarterly adjusted
earnings of 8 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 6 cents per share.
    * Revenue fell 18.3% to $34.17 million from a year ago;
analysts
expected $37.40 million. 
    * KVH Industries Inc's reported EPS for the quarter was 5
cents​.
    * The mean earnings estimate of analysts was unchanged 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 4.6% this
quarter and
lost 14.7% so far this year.
    * The company reported quarterly net income of $925
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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.06           0.08           Beat
 Mar. 31 2023      0.05           0.00           Missed
 Dec. 31 2022      0.03           0.09           Beat
 Sep. 30 2022      0.01           0.06           Beat