KVH Industries GAAP Q3 EPS $(0.22) Down From $0.06 YoY, Sales $33.50M Down From $35.17M YoY
Portfolio Pulse from Benzinga Newsdesk
KVH Industries reported Q3 losses of $(0.22) per share, a 466.67% decrease YoY. Sales also decreased by 4.75% to $33.50 million compared to the same period last year.
November 09, 2023 | 12:07 pm
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NEGATIVE IMPACT
KVH Industries reported a significant decrease in Q3 earnings and sales compared to the same period last year.
The reported losses and decrease in sales for KVH Industries in Q3 compared to the same period last year are likely to negatively impact the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100