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

KVH Industries

06/05/2024 22:02

* KVH Industries Inc  KVHI.OQ  reported a quarterly adjusted
loss
of 16 cents​​ per share for the quarter ended in March, lower
than the same quarter last year, when the company reported
breakeven earnings per share.  The lone analyst forecast for the
quarter was for a loss of 19 cents per share. 
    * Revenue fell 13.1% to $29.27 million from a year ago;
analysts
expected $31.88 million. 
    * KVH Industries Inc's reported EPS for the quarter was a
loss
of 16 cents​.
    * The company reported a quarterly loss of $3.16 million.
    * KVH Industries Inc shares had fallen by 2.2% this
quarter and
lost 5.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 850%
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 May 6 at 09:02
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
 Mar. 31 2024      -0.19          -0.16          Beat
 Dec. 31 2023      -0.03          -0.63          Missed
 Sep. 30 2023      -0.02          -0.22          Missed
 Jun. 30 2023      0.06           0.08           Beat