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

KVH Industries

01/08/2024 14:33

* KVH Industries Inc  KVHI.OQ  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of 8 cents.  The lone analyst forecast for the quarter was for a
loss of 9 cents per share. 
    * Revenue fell 16.1% to $28.67 million from a year ago;
analysts
expected $30.00 million. 
    * KVH Industries Inc's reported EPS for the quarter was a
loss
of 12 cents​.
    * The company reported a quarterly loss of $2.38 million.
    * KVH Industries Inc shares had fallen by 4.3% this
quarter and
lost 15.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 350%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 

This summary was machine generated from LSEG data August 1 at
01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.09          -0.12          Missed
 Mar. 31 2024      -0.19          -0.16          Beat
 Dec. 31 2023      -0.03          -0.63          Missed
 Sep. 30 2023      -0.02          -0.22          Missed