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Article: KVH Reports Results for Third Quarter.(Financial report)
- Article from:
- Electronics Newsweekly
- Article date:
- November 4, 2009
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KVH Industries, Inc., (NASDAQ:KVHI) reported financial results for the third quarter ended September 30, 2009. Revenue for the third quarter of 2009 was $22.6 million, up 44% from the quarter ended September 30, 2008. Net income for the period was $0.4 million, or $0.03 per diluted share. During the same period last year the company reported a net loss of $0.8 million or $0.06 on a per share basis.
For the nine months ended September 30, 2009, revenue was $62.8 million, up 3% compared to $61.2 million for the nine months ended September 30, 2008. KVH reported a net loss of $2.0 million or $0.14 on a per share basis for the first nine months of 2009. During the ...