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KVH: 3Q Earnings Snapshot

MIDDLETOWN, R.I. (AP) _ KVH Industries Inc. (KVHI) on Wednesday reported a loss of $1.2 million in its third quarter.

The Middletown, Rhode Island-based company said it had a loss of 7 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 4 cents per share.

The maker of mobile communication and navigation equipment posted revenue of $43.5 million in the period.

For the current quarter ending in December, KVH expects its per-share earnings to range from 2 cents to 9 cents.

The company said it expects revenue in the range of $44 million to $48 million for the fiscal fourth quarter.

KVH expects full-year earnings in the range of 4 cents to 11 cents per share, with revenue ranging from $171 million to $175 million.

KVH shares have risen 13 percent since the beginning of the year. The stock has declined 0.5 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