Oil & Gas Pressure Result in Estimate Cuts For KVH Industries (KVHI); Needham & Company Reiterates Buy
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KVH Industries Reports Third Quarter 2015 Results
November 3, 2015 7:01 AM ESTMIDDLETOWN, R.I., Nov. 03, 2015 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI) reported financial results for the third quarter ended September 30, 2015 today. Revenue for the third quarter of 2015 was $44.5 million, up 1% from the quarter ended September 30, 2014. A net loss for the period of $0.5 million, or $0.03 per share, was reported. Non-GAAP net income of $1.8 million, or $0.12 per diluted share, was also reported. The company will hold a conference call to discuss these results at 10:30 a.m. ET today, which can be accessed at... More
