KVH Industries reports Q3 EPS (22c) vs $1.58 last year

Reports Q3 revenue $33.549M vs $35.169M last year. Commenting on the company’s third quarter results, Brent C. Bruun, KVH Chief Executive Officer, said, “Our new relationship as a Starlink reseller and recently announced exclusive maritime agreement with Kognitive Networks are significant developments in KVH’s strategic evolution into a multi-orbit, multi-channel integrated solution provider. Adding Starlink technology and service to our portfolio illustrates our drive to be more flexible and versatile through a constellation- and hardware-agnostic approach to maritime connectivity. At the same time, we expect that Kognitive’s enterprise-grade network and bandwidth management tools will become integral components within our mobile communication service offerings. I believe these developments will help us to deliver the integrated network connectivity that commercial and leisure vessels, owners, and crew desire.”