KVH Industries (KVHI) Misses Q3 EPS by 1c

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Oil & Gas Pressure Result in Estimate Cuts For KVH Industries (KVHI); Needham & Company Reiterates Buy

November 4, 2015 6:45 AM EST

Needham & Company maintained a Buy rating on KVH Industries (NASDAQ: KVHI), and cut the price target to $14.00 (from $16.00), following the company's 3Q15 earnings results. Results of $44.5MM of revenue, and $0.12 NG EPS, just missed consensus estimates. Management issued 4Q15 guidance of $52-56MM,... More