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

KVH Industries (NASDAQ:KVHI) announced its quarterly earnings data on Thursday. The communications equipment provider reported ($0.16) earnings per share (EPS) 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 6.1 %

KVHI traded down $0.35 during trading on Thursday, hitting $5.39. The company’s stock had a trading volume of 47,886 shares, compared to its average volume of 70,569. The firm has a market capitalization of $106.72 million, a P/E ratio of -5.56 and a beta of 0.68. KVH Industries has a twelve month low of $4.17 and a twelve month high of $6.16. The stock’s fifty day moving average price is $5.86 and its 200-day moving average price is $5.26.

About KVH Industries

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.