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KVH Industries to delay filing 10-K

The company said, "We were unable to file our annual report on Form 10-K for the year ended December 31, 2012 in a timely manner because during the process of performing our final internal procedures for the completion of our consolidated financial statements, our management identified certain expense transactions at one of our international subsidiaries that required further review. We are completing our review of these transactions and do not expect that they will have any material impact on our previously reported financial results; however, we and our independent registered public accounting firm, KPMG LLP, require additional time to complete our review of our financial reporting process. We currently expect to file our annual report on Form 10-K within the fifteen day extension period provided by Rule 12b-25, but there can be no assurance that we will be able to file our annual report on Form 10-K by any particular date."