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KVH: 2Q Earnings Snapshot

MIDDLETOWN, R.I. (AP) _ KVH Industries Inc. (KVHI) on Thursday reported a loss of $1.3 million in its second quarter.

The Middletown, Rhode Island-based company said it had a loss of 8 cents per share. Earnings, adjusted for one-time gains and costs, were 3 cents per share.

The maker of mobile communication and navigation equipment posted revenue of $43.4 million in the period.

For the current quarter ending in October, KVH expects its per-share earnings to range from 3 cents to 7 cents.

The company said it expects revenue in the range of $43 million to $45 million for the fiscal third quarter.

KVH expects full-year earnings in the range of 12 cents to 28 cents per share, with revenue ranging from $166 million to $180 million.

KVH shares have increased 22 percent since the beginning of the year. The stock has increased 17 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KVHI at https://www.zacks.com/ap/KVHI