KVH Industries, Inc. (KVHI) Tops Q2 EPS by 1c; Guides Q3 EPS, GAAP Revs

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KVH Industries Reports Second Quarter 2014 Results

July 30, 2014 7:00 AM EDT

GAAP EPS: $0.00, Non-GAAP EPS: $0.05 mini-VSAT Broadband Q2 airtime revenue up 24% year-over-year

MIDDLETOWN, R.I., July 30, 2014 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI) today reported financial results for the second quarter ended June 30, 2014. The company reported second quarter revenue of $40.9 million, net income on a generally accepted accounting principles (GAAP) basis of $0.1 million or $0.00 per diluted share, and non-GAAP net income of $0.8 million or $0.05 per diluted share. The non-GAAP net income excludes one-time costs, net of tax benefit, associated with... More