LOGO
LOGO

Quick Facts

KVH Industries Posts Loss From Cont. Ops. In Q4

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

KVH Industries, Inc., (KVHI) posted a net loss from continuing operations in the fourth quarter of 2023 of $12.2 million, or $0.63 per share, compared to net income of $0.8 million, or $0.04 per share, in the fourth quarter of 2022. Non-GAAP adjusted EBITDA from continuing operations was $2.3 million, compared to $4.5 million.

Total revenues from continuing operations decreased by 13% in the fourth quarter of 2023 to $31.5 million from $36.0 million, last year.

For 2024, the company expects revenue will be in the range of $125 million to $135 million, and adjusted EBITDA in the range of $11 million to $17 million.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.