KVHI
KVH Industries, Inc.7.36
-0.08-1.08%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
144.06MP/E (TTM)
-Basic EPS (TTM)
-0.62Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
KVH acquires Asia-Pacific assets
KVH Industries acquired customer and vendor agreements plus other assets from an Asia-Pacific satellite services provider on October 8, 2025, for $3.1 million, alongside $0.6 million in related inventory. This move bolsters KVH's maritime satellite distribution reach and customer footprint in the region, promising higher gross margins and earnings accretion. Ten seller employees received job offers; transition pacts ease the handover. Yet key agreements hinge on consents—lacking them risks subcontract snags and lost benefits.
10-Q
Q2 FY2025 results
KVH Industries swung to a $0.9M net profit in Q2 FY2025 ended June 30, 2025, from a $2.4M loss a year earlier, as net sales dipped 7% y/y to $26.6M amid VSAT declines offset by LEO growth. Service revenue fell 7% y/y to $23.0M, while product sales dropped 11% y/y to $3.6M, yet gross margins improved with lower costs of service (down 8% y/y) and products (down 24% y/y), driving operating loss narrower to $0.4M from $2.9M. Cash climbed to $55.9M, bolstered by $3.8M operating cash flow and $4.9M from selling 50 Enterprise Center property, yielding a $1.3M gain; free cash flow hit $0.3M (derived). Diluted EPS of $0.05 aligns with 19.4M shares. The staged manufacturing wind-down continues through 2026, trimming headcount and costs. Yet intensifying LEO competition pressures VSAT subscribers.
8-K
KVH Q2 revenues dip, LEO surges
KVH Industries reported Q2 2025 revenues of $26.6 million, down 7% year-over-year due to the U.S. Coast Guard contract downgrade and LEO satellite shifts, yet up 5% from Q1 amid rising subscriber growth. Net income swung to $0.9 million from a $2.4 million loss last year, boosted by a $1.3 million gain on selling 50 Enterprise Center. LEO services now exceed 30% of airtime, offsetting GEO declines. Subscriber count tops 8,000.
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