KVH Industries (NASDAQ:KVHI) Issues Quarterly Earnings Results, Misses Expectations By $0.09 EPS

KVH Industries (NASDAQ:KVHI) released its earnings results on Thursday. The communications equipment provider reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.09), Zacks reports. KVH Industries had a negative net margin of 15.99% and a negative return on equity of 3.96%.

KVH Industries Stock Down 6.5 %

Shares of NASDAQ:KVHI traded down $0.38 during trading on Thursday, reaching $5.37. 38,380 shares of the company traded hands, compared to its average volume of 70,518. The company’s 50 day moving average is $5.86 and its two-hundred day moving average is $5.26. The firm has a market capitalization of $106.22 million, a PE ratio of -5.52 and a beta of 0.68. KVH Industries has a 52 week low of $4.17 and a 52 week high of $6.16.

KVH Industries Company Profile

KVH Industries, Inc, together with its subsidiaries, engages in the design, development, manufacture, and marketing of mobile connectivity solutions for the marine and land mobile markets in the United States and internationally. The company offers Internet and VoIP airtime services; AgilePlans, a Connectivity as a Service solution; KVH Link, a crew wellbeing content subscription service with delivery by IP-Mobilecast; and OpenNet, a KVH VSAT data delivering service for non-KVH Ku-band VSAT terminals.