KVH Industries (KVHI) Tops Q4 EPS by 3c; Guides Q1 EPS Below the Street

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Needham & Company Cuts Price Target on KVH Industries (KVHI) Following In-Line 4Q and Mixed Guide

March 11, 2016 6:58 AM EST

Needham & Company maintained a Buy rating on KVH Industries (NASDAQ: KVHI), and cut the price target to $13.00 (from $14.00), following the company's 4Q earnings report. KVHI posted 4Q15 results including $54.0MM of revenue, $9.7MM Adj. EBITDA and $0.43 NG EPS, essentially in line with consensus of $53.6MM, $10.3MM and... More