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Article: KVH Reports Results for Fourth Quarter and Fiscal Year 2007.
- Article from:
- PR Newswire
- Article date:
- February 7, 2008
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- Quarterly Revenue of $19.7 Million, Up 13% Year-over-Year
- Net Profit of $1 Million; $0.06 Earnings Per Share
MIDDLETOWN, R.I., Feb. 7 /PRNewswire-FirstCall/ -- KVH Industries, Inc., today reported financial results for the fourth quarter and full year ended December 31, 2007. Revenue for the fourth quarter of 2007 was $19.7 million, up 13% from the fourth quarter ended December 31, 2006. Net income for the quarter was $1.0 million or $0.06 on a per-diluted share basis. During the same period last year the company reported net income of $0.1 million, or $0.01 on a per-diluted share basis.
For the year ended December 31, 2007, revenue was ...